Reserve Bank of India – Press Releases

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Reserve Bank of India declares 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 10,000 October 12, 2022
(Wednesday)
October 13, 2022
(Thursday)
2 182 Days 6,000
3 364 Days 6,000
  Total 22,000    

The sale will likely be topic to the phrases and situations 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 particular person or establishment specified by the Bank on this regard, can take part on non-aggressive foundation, the allocation for which will likely be outdoors the notified quantity. Individuals also can take part on non-aggressive foundation as retail traders. For retail traders, the allocation will likely be restricted to a most of 5 % of the notified quantity. Individual traders also can place bids as per the non-aggressive scheme by means of Retail Direct portal (https://rbiretaildirect.org.in).

The public sale will likely be Price based mostly utilizing a number of worth methodology. Bids for the public sale ought to be submitted in digital format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, October 12, 2022, in the course of the under given timings:

Category Timing
Competitive bids 10:30 am – 11:30 am
Non-Competitive bids 10:30 am – 11:00 am

Results will likely be introduced on the day of the public sale.

Payment by profitable bidders must be made on Thursday, October 13, 2022.

Only within the occasion of system failure, bodily bids could be accepted. Such bodily bids ought to be submitted to the Public Debt Office (electronic mail; Phone no: 022-22632527, 022-22701299) within the prescribed kind 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 ought to be contacted (electronic mail; Phone no: 022-27595666, 022-27595415, 022-27523516). For different public sale associated difficulties, IDMD public sale group could be contacted (electronic mail; Phone no: 022-22702431, 022-22705125).

Rupambara           
Director (Communications)

Press Release: 2022-2023/1014



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