Reserve Bank of India – Press Releases

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Reserve Bank of India proclaims the public sale of Government of India Treasury Bills as per the next particulars:

Sr. No Treasury Bill Notified Amount
(in ₹ crore)
Auction Date Settlement Date
1 91 Days 9,000 September 28, 2022
(Wednesday)
September 29, 2022
(Thursday)
2 182 Days 7,000
3 364 Days 5,000
  Total 21,000    

The sale might be topic to the phrases and circumstances specified within the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 together with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended once in a while. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any individual or establishment specified by the Bank on this regard, can take part on non-aggressive foundation, the allocation for which might be outdoors the notified quantity. Individuals also can take part on non-aggressive foundation as retail buyers. For retail buyers, the allocation might be restricted to a most of 5 % of the notified quantity. Individual buyers also can place bids as per the non-aggressive scheme by means of Retail Direct portal (https://rbiretaildirect.org.in).

The public sale might be Price based mostly utilizing a number of value methodology. Bids for the public sale must be submitted in digital format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, September 28, 2022, throughout the beneath given timings:

Category Timing
Competitive bids 10:30 am – 11:30 am
Non-Competitive bids 10:30 am – 11:00 am
See also  Reserve Bank of India - Press Releases

Results might be introduced on the day of the public sale.

Payment by profitable bidders should be made on Thursday, September 29, 2022.

Only within the occasion of system failure, bodily bids can be accepted. Such bodily bids must be submitted to the Public Debt Office (electronic mail; Phone no: 022-22632527, 022-22701299) within the prescribed type obtainable from RBI web site (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) earlier than the public sale timing ends. In case of technical difficulties, Core Banking Operations Team must be contacted (electronic mail; Phone no: 022-27595666, 022-27595415, 022-27523516). For different public sale associated difficulties, IDMD public sale staff might be contacted (electronic mail; Phone no: 022-22702431, 022-22705125).

Rupambara           
Director (Communications)

Press Release: 2022-2023/923



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