Luke Judge

March 29th, 2010

With a view to enabling institutional and retail investors to plan their investment in a better manner and providing transparency and stability in the Government securities market, it has been decided to continue with the system of releasing an indicative calendar for issuance of the Government of India securities. Accordingly, an indicative calendar for issue of dated securities for the first half of the year 2010-2011 covering the period from April 1, 2010 to September 30, 2010, as given below, is being issued in consultation with the Government.

Calendar for Issuance of Government of India Dated Securities
(for the period April 1, 2010 to September 30, 2010)

Sr.
No.

Period of auction

Amount
(Rs. Crore)

Term of the Security

i)  less than 5- year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.5,000-6,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

i)  5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs. Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.6,000-7,000 crore
ii) 10-14 year security for  Rs.5,000-6,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore
iv) 20-year and above security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.6,000-7,000 crore
ii) 10-14 year security for  Rs.5,000-6,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.6,000-7,000 crore
ii) 10-14 year security for  Rs.5,000-6,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

i) less than 5- year security for  Rs.6,000-7,000 crore
ii) 10-14 year security for  Rs.5,000-6,000 crore

i) 5-9 year security for  Rs.6,000-7,000 crore
ii) 10-14 year security for  Rs.5,000-6,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore
iv) 20-year and above security for  Rs.2,000-3,000 crore

June 28- July 2, 2010

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.5,000-6,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.6,000-7,000 crore
ii) 10-14 year security for  Rs.5,000-6,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.6,000-7,000 crore
ii) 10-14 year security for  Rs.5,000-6,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore
iv) 20-year and above security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.6,000-7,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore

August 30 -September 3, 2010

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

September 6- 10, 2010

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 15-19 year security for  Rs.2,000-3,000 crore

September 20- 24, 2010

i) 5-9 year security for  Rs.5,000-6,000 crore
ii) 10-14 year security for  Rs.4,000-5,000 crore
iii) 20-year and above security for  Rs.2,000-3,000 crore

As hitherto, all the auctions covered by the calendar will have the facility of non-competitive bidding scheme under which five per cent of the notified amount will be reserved for the specified retail investors.

Variable rate securities may be issued depending upon the market conditions.

As in the past, the Central Government/Reserve Bank will continue to have the flexibility to bring about modifications in the above calendar in terms of notified amount, issuance period, maturity, etc., keeping in view the emerging requirements of the Government, market conditions and other relevant factors after giving due notice.

 Ajit Prasad
Manager

Press Release : 2009-2010/1309

Filed under Finance | Tags: India, Reserve Bank Of India | Comment Below

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