Indicative calendar of issuance for Marketable Dated Securities for April 2017 - September 2017 released

Will enable investors plan their investments efficiently and provide transparency and stability to the Government securities market

In order 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 first half of the fiscal year 2017-18 (April 1, 2017 to September 30, 2017) is being issued in consultation with the Reserve Bank of India.  The issuance calendar is as under:

Calendar for Issuance of Government of India Dated Securities

(April 1, 2017 to September 30, 2017)

Sr. No.	Week of Auction	Amount in (Rs. Crore)	Security-wise allocation
1	April 03- April 07, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
2	April 10- April 14, 2017	18,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 8,000-9,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 3,000-4,000 crore
3	April 17- April 21, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
4	April 24- April 28, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
5	May 01- May 05, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
6	May 08- May 12, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
7	May 15- May 19, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
8	May 22- May 26, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
9	May 29- June 02, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
10	June 05- June 09, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
11	June 19- June 23, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
12	June 26- June 30, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
13	July 03- July 07, 2017	18,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 8,000-9,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 3,000-4,000 crore
14	July 10- July 14, 2017	18,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 8,000-9,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 3,000-4,000 crore
15	July 17- July 21, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
16	July 24- July 28, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
17	July 31- August 04, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
18	August 07- August 11, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
19	August 14- August 18, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
20	August 21- August 25, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
21	August 28- September 01, 2017	18,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 8,000-9,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 3,000-4,000 crore
22	September 04- September 08, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
23	September 18 - September 22, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
24	September 25 – September 29, 2017	15,000	i) 5-9 Years for Rs. 3,000-4000 crore
			ii) 10-14 Years for Rs. 6,000-7,000 crore
			iii) 15-19 years for Rs. 2,000-3,000 crore
			iv) 20 Years & Above for Rs. 2,000-3,000 crore
Total		3,72,000

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 of India 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 variable rate instruments and those of non-standard maturity, depending upon the requirement of the Government of India, evolving market conditions and other relevant factors after giving due notice.

Courtesy: pib.nic.in