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 first half of the fiscal year 2018-19 (April 1, 2018 to September 30, 2018) 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 | | (April 1, 2018 to September 30, 2018) | | S. No. | Week of Auction | Amount
(₹ Crore) | Security-wise allocation | | 1 | April 2-6, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 1,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 2 | April 9-13, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 3 | April 16-20, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 1,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 4 | April 23-27, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 5 | April 30-May 4, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 1,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 6 | May 7-11, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 7 | May 14-18, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 1,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 8 | May 21-25, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 9 | May 28-June 1, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 1,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 10 | June 4-8, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 11 | June 18-22, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 2,000 crore | | 12 | June 25-29, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 13 | July 2-6, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 2,000 crore | | 14 | July 9-13, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 15 | July 16-20, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 2,000 crore | | 16 | July 23-27, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 17 | July 30 - August 3, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 2,000 crore | | 18 | August 6-10, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 19 | August 13-17, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 2,000 crore | | 20 | August 20-24, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 21 | August 27-31, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 2,000 crore | | 22 | September 3-7, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | 23 | September 17-21, 2018 | 12,000 | i) 1-4 years for ₹ 2,000 crore | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 3,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 2,000 crore | | 24 | September 24-28, 2018 | 12,000 | i) 1-4 years for ‘NIL’ | | ii) 5-9 Years for ₹ 3,000 crore | | iii) 10-14 Years for ₹ 4,000 crore | | iv) 15-19 Years for ₹ 2,000 crore | | v) 20 Years & Above for ₹ 3,000 crore | | Total | 2,88,000 | | 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 issue 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 (FRBs), including CPI linked inflation linked bonds, depending upon the requirement of the Government of India, evolving market conditions and other relevant factors after giving due notice to the market. The calendar is subject to change, if circumstances so warrant, including for reasons such as intervening holidays. Such changes shall be communicated through Press releases. The Reserve Bank of India, in consultation with the Government of India, reserves the right to exercise the green-shoe to retain additional subscription up to ₹ 1000 crore each against any one or more of the above security, which will be indicated in the auction notification. However, the exercise of the green-shoe option within one or more securities in an auction shall be within the overall notified amount for the auction. The auction of dated securities will be subject to the terms and conditions specified in the General Notification F. No.4(13)-W&M/2008 dated 8th October, 2008, issued by Government of India, as amended from time to time. Ajit Prasad
Assistant Adviser Press Release : 2017-2018/2552 | |