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The Reserve Bank of India today issued an indicative calendar
for issuance of marketable dated Government securities. The calendar is
enclosed. The calendar has been issued for the first half of the fiscal, valid
for the period from April 1, 2002 to September 30, 2002. The advance calendar
for issue of dated securities for the year 2002-2003 has been issued in
consultation with the Government. It has been issued with a view to enabling
institutional and retail investors to plan their investment in a better manner
and also to providing further transparency and stability in the Government
securities market.
The calendar is subject to variations depending on market
conditions and other factors. In addition to the proposed issuances, the Reserve
Bank will have the flexibility for additional issuances of Government securities
as per emerging requirement of the Government and market conditions.
Alpana Killawala
General Manager
Press Release No.2001-2002/1078
Calendar for Issuance of Government
Securities
| Sl. No. |
Period of Auction |
Amount (Rs. Crore) |
Term of the Security |
| 1. |
April 1-6, 2002 |
7,000 |
(i) Below 10-year security for
Rs.3,000 crore.
(ii) 10-year security for Rs.4,000 crore |
| 2. |
April 15-19, 2002 |
6,000 |
15-year security |
| 3. |
May 1-6, 2002 |
6,000 |
10-year security |
| 4. |
May 13-18, 2002 |
6,000 |
(i) Below 10-year security for
Rs.3,000 crore
(ii) 20-year security for Rs.3,000 crore. |
| 5. |
May 27-30, 2002 |
6,000 |
(i) 15-year security for
Rs.4,000 crore.
(ii) Above 20-year security for Rs.2,000 crore. |
| 6. |
June 3-7, 2002 |
6,000 |
(i) 10-year security for
Rs.4,000 crore.
(ii) Above 20-year security for Rs.2,000 crore. |
| 7. |
July 1-6, 2002 |
7,000 |
(i) Below 10-year security for
Rs.4,000 crore.
(ii) 15-year security for Rs.3,000 crore. |
| 8. |
August 1-6, 2002 |
8,000 |
(i) 10-year security for
Rs.6,000 crore and
(ii) Above 20-year security for Rs.2,000 crore. |
| 9. |
August 26-30, 2002 |
8,000 |
(i) 15-year security for
Rs.6,000 crore and
(ii) 20-year security for Rs.2,000 crore. |
| 10. |
September 5-10, 2002 |
8,000 |
(i) 15-year security for
Rs.4,000 crore and
(ii) 20-year security for Rs.4,000 crore. |
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Total |
68,000 |
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Alpana Killawala
General Manager
Press Release No.2001-2002/1078
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