Page 4 - Treasury Bills
Finmin asks ministries to work out govt guarantee plan for FY'22
The finance ministry has asked all ministries and departments to assess the government guarantee requirement for the current fiscal and submit a prioritised list.
 "Finmin asks ministries to work out govt guarantee plan for FY'22")
US stocks mixed, treasuries drop after Fed keeps rates pinned near zero
The Federal Reserve has maintained the pace of bond purchases as was widely expected
 "US stocks mixed, treasuries drop after Fed keeps rates pinned near zero")
Federal Reserve signals intent to wield power over short-term rates
Repo and Treasury bill rates have been flirting with zero since the beginning of the year as reserve balances at the central bank swell
 "Federal Reserve signals intent to wield power over short-term rates")
Treasury dealers offload bonds as regulatory deadline approaches
One explanation for the disconnect is that dealers are taking steps to trim holdings before the expiry of a key regulatory exemption on March 31
 "Treasury dealers offload bonds as regulatory deadline approaches")
Gold prices ease on higher 10-year Treasury yields, rebounding dollar
Spot gold fell 0.1% to $1,810.65 per ounce. U.S. gold futures eased 0.1% to $1,811.10
 "Gold prices ease on higher 10-year Treasury yields, rebounding dollar")
Treasury bill yields start inching higher on liquidity normalisation
RBI last week stepped into normalise its ultra-loose liquidity policy by introducing a Rs 2 trillion 14-day reverse repo auction.
 "Treasury bill yields start inching higher on liquidity normalisation")
STATSGURU: What issues RBI's monetary policy addresses and what remains?
The following charts explain the current situation of the economy
 "STATSGURU: What issues RBI's monetary policy addresses and what remains?")
RBI to sell 3 govt securities worth Rs 30,000 cr through e-Kuber on Aug 21
"The result will be announced on the same day and payment by successful bidders will have to be made on August 24, 2020 (Monday)," RBI said
 "RBI to sell 3 govt securities worth Rs 30,000 cr through e-Kuber on Aug 21")
NSE introduces trading of T-bills, SDLs in capital market segment
NSE introduced trading in treasury bills (T-bills) and state development loans (SDLs) in its capital market segment
 "NSE introduces trading of T-bills, SDLs in capital market segment")
RBI issues cash management bills worth Rs 80,000 cr after good response
The RBI received bids of Rs 3.45 trillion, or more than four times the amount on offer.
 "RBI issues cash management bills worth Rs 80,000 cr after good response")
Sebi eases categorisation norms to allow debt MFs to add liquidity
Mutual funds had requested regulator to allow higher limits for G-secs, T-bills
 "Sebi eases categorisation norms to allow debt MFs to add liquidity")
US govt posts $134-billion budget deficit in October: Treasury dept
Fiscal year 2019 saw a widening in the deficit to $984 billion, the largest budget deficit in seven years
 "US govt posts $134-billion budget deficit in October: Treasury dept")
Mutual fund houses load up on government securities and treasury bills
MF schemes deployed Rs 1.8 trillion in G-Secs and T-bills in August, which is 52 per cent higher than in last August
 "Mutual fund houses load up on government securities and treasury bills")
Ad hoc T-bills, anyone?
In 1994, the government had decided to stop borrowing via what, since 1955, had been known as ad hoc treasury bills
 "Ad hoc T-bills, anyone?")