Reserve Bank of India – Press Releases

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Reserve Bank of India pronounces 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 November 09, 2022
(Wednesday)
November 10, 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 occasionally. 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 will likely be exterior the notified quantity. Individuals may take part on non-aggressive foundation as retail buyers. For retail buyers, the allocation will likely be restricted to a most of 5 p.c of the notified quantity. Individual buyers may place bids as per the non-aggressive scheme via Retail Direct portal (https://rbiretaildirect.org.in).

The public sale will likely be Price primarily based utilizing a number of worth 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, November 09, 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 will likely be introduced on the day of the public sale.

Payment by profitable bidders should be made on Thursday, November 10, 2022.

Only within the occasion of system failure, bodily bids can 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 crew could be contacted (electronic mail; Phone no: 022-22702431, 022-22705125).

Rupambara            
Director (Communications)

Press Release: 2022-2023/1150



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