Reserve Bank of India – Press Releases

0
289


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 07, 2022
(Wednesday)
September 08, 2022
(Thursday)
2 182 Days 7,000
3 364 Days 5,000
  Total 21,000    

The sale shall 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 sometimes. 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 shall be outdoors the notified quantity. Individuals may take part on non-aggressive foundation as retail traders. For retail traders, the allocation shall be restricted to a most of 5 % of the notified quantity. Individual traders may place bids as per the non-aggressive scheme by Retail Direct portal (https://rbiretaildirect.org.in).

The public sale shall be Price primarily based utilizing a number of value methodology. Bids for the public sale needs to be submitted in digital format on the Reserve Bank of India’s Core Banking Solution (E-Kuber) system on Wednesday, September 07, 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

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

Payment by profitable bidders should be made on Thursday, September 08, 2022.

Only within the occasion of system failure, bodily bids could be accepted. Such bodily bids needs to 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 needs to be contacted (electronic mail; Phone no: 022-27595666, 022-27595415, 022-27523516). For different public sale associated difficulties, IDMD public sale group will be contacted (electronic mail; Phone no: 022-22702431, 022-22705125).

Rupambara            
Director (Communications)

Press Release: 2022-2023/806



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here