Reserve Bank of India – Press Releases

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

The sale will likely 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 occasionally. 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 may also take part on non-aggressive foundation as retail buyers. For retail buyers, the allocation will likely be restricted to a most of 5 % of the notified quantity. Individual buyers may also place bids as per the non-aggressive scheme via Retail Direct portal (https://rbiretaildirect.org.in).

The public sale will likely be Price based mostly utilizing a number of value 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, November 02, 2022, through the beneath given timings:

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

Payment by profitable bidders must be made on Thursday, November 03, 2022.

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

Rupambara           
Director (Communications)

Press Release: 2022-2023/1104