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he´sme he´keÀeMeôer PRESS RELEASE·

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RESERVE BANK OF INDIA
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www.rbi.org.in/hindi
________________________________________________________________________________________________________ Website : www.rbi.org.in
DEPARTMENT OF COMMUNICATION, Central Office, S.B.S. Marg, Mumbai 400001 F-cesue email: helpdoc@rbi.org.in
HeÀesôe/Phone: 91 22 2266 0502 HewÀkeÌme/Fax: 91 22 2270 3279

March 26, 2009

Issuance Calendar for Marketable Dated Securities

With a view to enabling institutional and retail investors to plan their investment
in a better manner and also for providing transparency and stability in the Government
securities market, it has been decided to continue with the system of releasing an
indicative calendar for issuance of Government of India securities. It may be noted that
Government of India securities amounting to Rs. 33,089 crore are due for redemption in
the first half of the year 2009-2010. Furthermore, estimated coupon payments in the first
half of 2009-2010 aggregate to Rs. 67,924 crore.
Simultaneously, a separate Press Release is being released by the Reserve
Bank of India regarding the Open Market Operations (OMO) and unwinding of MSS
securities.
The following indicative issuance calendar for issuance of the dated securities
for the first half of the year 2009-2010 covering the period from April 1, 2009 to
September 30, 2009, as given below, is being issued in consultation with the
Government of India.
Calendar for Issuance of Government of India Securities
(for the period April 1, 2009 to September 30, 2009)

(Amount in Rs. crore)


Sr. Period of auction Amount Term of the Security
No. (Rs. Crore)
1 March 27-April 3 12,000 i) 5-9 year security for Rs.7,000-8,000 crore
ii) 10-14 year security for Rs.4,000-5,000 crore
2 April 3- 10 12,000 i) 10-14 year security for Rs.7,000-8,000 crore
ii) 20-year and above security for Rs.4,000-5,000 crore
3 April 10-17 12,000 i) 5-9 year security for Rs.7,000-8,000 crore
ii) 15-19 year security for Rs.4,000-5,000 crore
4 April 17-24 12,000 i) 10-14 year security for Rs.7,000-8,000 crore
ii) 20-year and above security for Rs.4,000-5,000 crore
5 May 1-8 12,000 i) 10-14 year security for Rs.7,000-8,000 crore
ii) 15-19 year security for Rs.2,000-3,000 crore
iii) 20-year and above security for Rs.2,000-3,000 crore
6 May 8-15 12,000 i) 5-9 year security for Rs.7,000-8,000 crore
ii) 10-14 year security for Rs.4,000-5,000 crore
7 May 15-22 12,000 i) 10-14 year security for Rs.7,000-8,000 crore
ii) 15-19 year security for Rs.2,000-3,000 crore
iii) 20-year and above security for Rs.2,000-3,000 crore
8 May 22-29 12,000 i) 5-9 year security for Rs.7,000-8,000 crore
ii) 10-14 year security for Rs.4,000-5,000 crore
2
9 May 29-June 5 12,000 i) 10-14 year security for Rs.7,000-8,000 crore
ii) 15-19 year security for Rs.2,000-3,000 crore
iii) 20-year and above security for Rs.2,000-3,000 crore
10 June 5-12 12,000 i) 5-9 year security for Rs.7,000-8,000 crore
ii) 10-14 year security for Rs.2,000-3,000 crore
iii) 20-year and above security for Rs.2,000-3,000 crore
11 June 12-19 12,000 i) 10-14 year security for Rs.7,000-8,000 crore
ii) 15-19 year security for Rs.2,000-3,000 crore
iii) 20-year and above security for Rs.2,000-3,000 crore
12 June 19-26 12,000 i) 5-9 year security for Rs.6,000-7,000 crore
ii) 10-14 year security for Rs.3,000-4,000 crore
iii) 20-year and above security for Rs.2,000-3,000 crore
13 July 3-10 8,000 i) 10-14 year security for Rs.5,000-6,000 crore
ii) 20-year and above security for Rs.2,000-3,000 crore
14 July 10-17 10,000 i) 5-9 year security for Rs.7,000-8,000 crore
ii) 15-19 year security for Rs.2,000-3,000 crore
15 July 17-24 8,000 i) 10-14 year security for Rs.5,000-6,000 crore
ii) 20-year and above security for Rs.2,000-3,000 crore
16 July 24-31 8,000 i) 5-9 year security for Rs.5,000-6,000 crore
ii) 10-14 year security for Rs.2,000-3,000 crore
17 July 31-August 7 8,000 i) 10-14 year security for Rs.5,000-6,000 crore
ii) 20-year and above security for Rs.2,000-3,000 crore
18 August 7-14 8,000 i) 5-9 year security for Rs.5,000-6,000 crore
ii) 20-year and above security for Rs.2,000-3,000 crore
19 August 14-21 8,000 i) 5-9 year security for Rs.5,000-6,000 crore
ii) 10-14 year security for Rs.2,000-3,000 crore
20 August 21-28 7,000 i) 10-14 year security for Rs.4,000-5,000 crore
ii) 20-year and above security for Rs.2,000-3,000 crore
21 August 28- 8,000 i) 5-9 year security for Rs.5,000-6,000 crore
September 4 ii) 15-19 year security for Rs.2,000-3,000 crore
22 September 4-11 8,000 i) 10-14 year security for Rs.5,000-6,000 crore
ii) 20-year and above security for Rs.2,000-3,000 crore
23 September 11-18 8,000 i) 5-9 year security for Rs.5,000-6,000 crore
ii) 15-19 year security for Rs.2,000-3,000 crore
24 September 18-25 8,000 i) 10-14 year security for Rs.5,000-6,000 crore
ii) 20-year and above security for Rs.2,000-3,000 crore
Total 2,41,000
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.
Variable rate securities may be issued depending upon the market conditions.
As in the past, the Central Government/Reserve Bank will continue to have the
flexibility to bring about modifications in the above calendar in terms of notified amount,
issuance period, maturity, etc., keeping in view the emerging requirements of the
Government, market conditions and other relevant factors after giving due notice.

Alpana Killawala
Press Release: 2008-2009/1603 Chief General Manager

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