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Date : Jan 05, 2018
Indicative Calendar of Market borrowings by State Governments for the Quarter January- March 2018

The Reserve Bank of India, in consultation with the State Governments, announces that the quantum of total market borrowings by the State Governments and the Union Territory of Puducherry, for the quarter January – March 2018, is expected to be in the range of ₹ 1,26,200 crore to ₹ 1,38,200 crore. The schedule of auctions on weekly basis (along with the names of States who have confirmed participation and tentative amounts indicated by them) to be held during the quarter is as under:

Indicative calendar of State Governments Market Borrowings
(January 2018 to March 2018- Q IV)

MONTH PROPOSED DATE EXPECTED QUANTUM OF BORROWING
(₹ IN CR)
STATES WHO HAVE CONFIRMED PARTICIPATION AND THE
TENTATIVE AMOUNTS OF BORROWING (₹ IN CR)
JANUARY 2018 JANUARY 09,2018 12000-13000 ANDHRA PRADESH 3000.00
ARUNACHAL PRADESH 250.00
BIHAR 1500.00
GUJARAT 1300.00
HARYANA 400.00
MAHARASHTRA 1250.00
PUNJAB 150.00
TAMILNADU 2000.00
WEST BENGAL 2000.00
JANUARY 2018 JANUARY 16,2018 7200-8200 BIHAR 1500.00
HARYANA 500.00
KARNATAKA 1000.00
MAHARASHTRA 1500.00
MANIPUR 150.00
ODISHA 1000.00
PUNJAB 100.00
RAJASTHAN 500.00
TAMILNADU 1000.00
JANUARY 2018 JANUARY 23,2018 13500-14500 BIHAR 1500.00
GOA 150.00
GUJARAT 1300.00
HARYANA 400.00
HIMACHAL PRADESH 500.00
JHARKHAND 500.00
KERALA 1000.00
MAHARASHTRA 1250.00
MEGHALAYA 100.00
NAGALAND 200.00
ODISHA 500.00
PUNJAB 200.00
RAJASTHAN 500.00
TAMILNADU 1500.00
TELANGANA 400.00
UTTARAKHAND 500.00
UTTARPRADESH 3000.00
JANUARY 2018 JANUARY 30,2018 13100-14100 BIHAR 1500.00
CHHATTISGARH 1100.00
HARYANA 500.00
KARNATAKA 2000.00
KERALA 1500.00
MAHARASHTRA 1500.00
MIZORAM 50.00
PUNJAB 250.00
RAJASTHAN 1000.00
TAMILNADU 1500.00
TRIPURA 200.00
WEST BENGAL 2000.00
FEBRUARY 2018 FEBRUARY 06,2018 11500-12500 BIHAR 1500.00
GUJARAT 1300.00
HARYANA 500.00
JHARKHAND 500.00
KARNATAKA 1000.00
KERALA 500.00
MAHARASHTRA 2000.00
MANIPUR 150.00
ODISHA 500.00
PUNJAB 250.00
TAMILNADU 2000.00
TELANGANA 1000.00
UTTARAKHAND 300.00
FEBRUARY 2018 FEBRUARY 12,2018 8800-9880 BIHAR 1500.00
HARYANA 400.00
HIMACHAL PRADESH 500.00
KERALA 500.00
MAHARASHTRA 2000.00
PUNJAB 300.00
TAMILNADU 2000.00
TRIPURA 124.00
WEST BENGAL 1500.00
FEBRUARY 2018 FEBRUARY 20,2018 8200-9200 BIHAR 1500.00
GOA 150.00
GUJARAT 1300.00
HARYANA 400.00
MAHARASHTRA 67.25
NAGALAND 150.00
PUNJAB 150.00
RAJASTHAN 1000.00
TAMILNADU 1500.00
UTTARAKHAND 500.00
WEST BENGAL 1500.00
FEBRUARY 2018 FEBRUARY 27,2018 13800-14800 BIHAR 1500.00
CHHATTISGARH 1000.00
HARYANA 400.00
KARNATAKA 1000.00
KERALA 1000.00
MEGHALAYA 125.00
ODISHA 500.00
PUNJAB 300.00
RAJASTHAN 1000.00
TAMILNADU 1500.00
TELANGANA 1000.00
UTTARPRADESH 3000.00
WEST BENGAL 1500.00
MARCH 2018 MARCH 06,2018 12100-13100 ARUNACHAL PRADESH 320.00
BIHAR 2172.00
GUJARAT 1300.00
HARYANA 400.00
JHARKHAND 1000.00
KERALA 500.00
PUNJAB 350.00
RAJASTHAN 1000.00
TAMILNADU 1500.00
TELANGANA 1000.00
UTTARAKHAND 500.00
WEST BENGAL 2000.00
MARCH 2018 MARCH 13,2018 8100-9100 GOA 150.00
HARYANA 400.00
KARNATAKA 2000.00
MIZORAM 100.00
ODISHA 500.00
PUNJAB 200.00
RAJASTHAN 1000.00
TAMILNADU 1500.00
UTTARPRADESH 1346.00
WEST BENGAL 974.00
MARCH 2018 MARCH 20,2018 7800-8800 CHHATTISGARH 2000.00
GOA 150.00
GUJARAT 500.00
HARYANA 317.00
NAGALAND 339.84
ODISHA 1273.46
PUNJAB 250.00
RAJASTHAN 1000.00
TAMILNADU 1000.00
UTTARAKHAND 500.00
WEST BENGAL 500.00
MARCH 2018 MARCH 26,2018 10020-11020 HARYANA 400.00
KARNATAKA 3715.00
MEGHALAYA 160.00
PUNJAB 395.00
RAJASTHAN 358.00
TELANGANA 2000.00
UTTARPRADESH 3000.00
TOTAL   1,26,200 -1,38,200    

The actual amount of borrowings and the details of the states participating would be intimated by way of press releases two/three days prior to the actual auction day and would depend on the requirement of the State Governments, approval from the Government of India under Article 293(3) of the Constitution of India and the market conditions. RBI would endeavour to conduct the auctions in a non-disruptive manner, taking into account the market conditions and other relevant factors and distribute the borrowings evenly throughout the quarter. RBI reserves the right to modify the dates and the amount of auction in consultation with State Governments.

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/1859


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