Press Releases

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Date : Apr 13, 2017
Issuance of T- Bills under Market Stabilisation Scheme (MSS)

The Reserve Bank of India will conduct the following auctions of T-Bills under the Market Stabilisation Scheme (MSS) using "Multiple Price Auction" method.

Date of Issuance Instrument Amount
(₹ billion)
Maturity
April 17, 2017 (Monday) 329 Days T-bill 250 March 12, 2018 (Monday)
April 24, 2017 (Monday) 323 Days T-bill 250 March 13, 2018 (Tuesday)
May 2, 2017 (Tuesday) 317 Days T-bill 250 March 15, 2018 (Thursday)
May 8, 2017 (Monday) 312 Days T-bill 250 March 16, 2018 (Friday)

The bids for the auctions should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10.00 am and 11.00 am. Result will be announced on the same day. Payment by successful bidders will be on T+0 basis.

The sale of T-Bills will be subject to the terms and conditions specified in the General Notification. F.No 4 (8)-W & M/2015 dated May 26, 2016 issued by Government of India and as amended from time to time. The Non-Competitive Bidding Scheme is not extended to these T-Bill auctions.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2780


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