To enable institutional and retail investors to plan their investments efficiently and provide transparency and stability to the Government securities market, an indicative calendar for issuance of Government dated securities for the second half of the fiscal year 2015-16 (October 1, 2015 to March 31, 2016) has been prepared in consultation with the Government of India. The issuance calendar is as under: | Calendar for Issuance of Government of India Dated Securities | | (October 1, 2015 to March 31, 2016) | | Sr. No. | Week of Auction | Amount
(₹ crore) | Security-wise allocation | | 1. | October 1-2, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 2. | October 5-9, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 3. | October 12-16, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 4. | October 19-23, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 5. | October 26-30, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 6. | November 2-6, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 7. | November 16-20, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 8. | November 23-27, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 9. | November 30- December 4, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 10. | December 7-11, 2015 | 15,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 7,000-8,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 11. | December 28, 2015- January 1, 2016 | 14,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 6,000-7,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 12. | January 4-8, 2016 | 14,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 6,000-7,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 13. | January 11-15, 2016 | 14,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 6,000-7,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 14. | January 18-22, 2016 | 14,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 6,000-7,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 15. | January 25-29, 2016 | 14,000 | i) 5-9 Years for ₹ 2,000-3,000 crore | | ii) 10-14 Years for ₹ 6,000-7,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | 16. | February 1-5, 2016 | 14,000 | i) 5-9 Years for ₹.2,000-3,000 crore | | ii) 10-14 Years for ₹ 6,000-7,000 crore | | iii) 15-19 Years for ₹ 3,000-4,000 crore | | iv) 20 Years & Above for ₹ 3,000-4,000 crore | | Total | 234,000* | | | *: Excludes Sovereign Gold Bonds of ₹15,000 crore which has been considered as part of the market borrowing programme. | 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. It has also been decided to elongate maturity by issuance of security up to 40 year maturity. Like in the past, the Government of India/ Reserve Bank will continue to have the flexibility to bring about modifications in the above calendar in terms of notified amount, issuance period, maturities etc. and to issue different types of instruments including instruments having non-standard maturity and floating rate instruments, depending upon the requirement of the Government of India, evolving market conditions and other relevant factors after giving due notice. Ajit Prasad
Assistant General Manager Press Release : 2015-2016/766 | |