To enable institutional and retail investors 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 2016-17 (October 1, 2016 to March 31, 2017) 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, 2016 to March 31, 2017) | | Sr. No. | Week of Auction | Amount
(Rs. crore) | Security-wise allocation | | 1 | October 3-7, 2016 | 15,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 2 | October 17-21, 2016 | 15,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 3 | October 24-28, 2016 | 15,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 4 | November 1-4, 2016 | 15,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 5 | November 7-11, 2016 | 15,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 6 | November 14-18, 2016 | 15,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 7 | November 21-25, 2016 | 15,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 8 | November 28- December 2, 2016 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 9 | December 5-9, 2016 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 10 | December 19-23, 2016 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 11 | December 26-30, 2016 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 12 | January 2-6, 2017 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 13 | January 9-13, 2017 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 14 | January 16-20, 2017 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 15 | January 23-27, 2017 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 16 | January 30- February 3, 2017 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | 17 | February 6-10, 2017 | 14,000 | i) 5-9 Years for Rs.2,000-3,000 crore | | ii) 10-14 Years for Rs.7,000-8,000 crore | | iii) 15-19 Years for Rs. 2,000-3,000 crore | | iv) 20 Years & Above for Rs. 2,000-3,000 crore | | Total | 2,45,000 | | 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. 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. Alpana Killawala
Principal Adviser Press Release : 2016-2017/802 | |