Issuance Calendar for Marketable Dated Securities for April 2018 - September 2018

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 Reserve Bank of India. The issuance calendar is as under: Calendar for Issuance of Government of India Dated Securities

(April 1, 2018 to September 30, 2018)

Sr. No.

Week of Auction

Amount in

(Rs.Crore)

Security-wise allocation

1

April 02- April 06, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 1,000 crore v) 20 Years & above for Rs. 3,000 crore2

April 09- April 13, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore3

April 16- April 20, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 1,000 crore v) 20 Years & above for Rs. 3,000 crore4

April 23- April 27, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore5

April 30- May 04, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 1,000 crore v) 20 Years & above for Rs. 3,000 crore6

May 07- May 11, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 croreCalendar for Issuance of Government of India Dated Securities

Sr. No.

Week of Auction

Amount in

(Rs.Crore)

Security-wise allocation

7

May 14- May 18, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 1,000 crore v) 20 Years & above for Rs. 3,000 crore8

May 21- May 25, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore9

May 28- June 01, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 1,000 crore v) 20 Years & above for Rs. 3,000 crore10

June 04- June 08, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore11

June 18- June 22, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 2,000 crore12

June 25- June 29, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore13

July 02- July 06, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 2,000 crore14

July 09- July 13, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore15

July 16- July 20, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 2000 crore v) 20 Years & above for Rs. 2,000 croreCalendar for Issuance of Government of India Dated Securities

Sr. No.

Week of Auction

Amount in

(Rs.Crore)

Security-wise allocation

16

July 23- July 27, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore17

July 30- August 03, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 2,000 crore18

August 06- August 10, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore19

August 13- August 17, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 2,000 crore20

August 20- August 24, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore21

August 27- August 31, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 2,000 crore22

September 03- September 07, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 crore23

September 17 - September 21, 2018

12,000 i) 01-04 Years for Rs. 2,000 croreii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 3,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 2,000 crore24

September 24 - September 28, 2018

12,000 i) 01-04 Years for 'NIL'ii) 05-09 Years for Rs. 3,000 croreiii) 10-14 Years for Rs. 4,000 croreiv) 15-19 Years for Rs. 2,000 crore v) 20 Years & above for Rs. 3,000 croreTotal 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 Reserve Bank of India, in consultation with the Government 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 instruments having non-standard maturity and floating rate bonds (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 Rs 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.

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