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Issuance Calendar for Marketable Dated Securities for April - September 2021

Last updated: 31 March 2021


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 2021-21 (April 1, 2021 to September 30, 2021)is being issued in consultation with the Reserve Bank of India.  The issuance calendar is as under:

Issuance Calendar for Marketable Dated Securities for April - September 2021

Calendar for Issuance of Government of India Dated Securities

(April 1, 2021 to September 30, 2021)

Sr. No.

Week of Auction

Amount  (in Rs crore)

Security Wise Allocation

1

April 05-April 09, 2021

32,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs4,000 crore

2

April 12-April 16, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

3

April 19-April 23,2021

32,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs4,000 crore

4

April 26- April 30, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

5

May 03-May 07, 2021

32,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs4,000 crore

6

May 10-May 14, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

7

May 17-May 21, 2021

32,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs4,000 crore

8

May 24-May 28, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

9

May 31-June 04, 2021

32,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs4,000 crore

10

June 07-June 11, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

11

June 14-June 18, 2021

32,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs4,000 crore

12

June 21-June 25, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

13

June 28-July02, 2021

32,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs4,000 crore

14

July05-July 09, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

15

July 12-July 16, 2021

32,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs4,000 crore

16

July 19-July 23, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

17

July 26-July 30, 2021

32,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs4,000 crore

18

Aug 02-Aug 06, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

19

Aug 09-Aug13, 2021

31,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs3,000 crore

20

Aug 16-Aug20, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

21

Aug 23-Aug27, 2021

31,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs3,000 crore

22

Aug 30-Sept03, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore

40 Years Security -Rs9,000 crore

23

Sept 06-Sept10, 2021

31,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs3,000 crore

24

Sept 13-Sept17, 2021

26,000

  1. 2 Years Security -Rs 3,000 crore
  2. 10 Years Security -Rs14,000 crore
  3. 40 Years Security -Rs9,000 crore

25

Sept 20-Sept24, 2021

31,000

  1. 5 Years Security -Rs11,000 crore
  2. 14 Years Security -Rs10,000 crore
  3. 30 Years Security -Rs7,000 crore
  4. Floating Rate Bond -Rs3,000 crore

TOTAL:

7,24,000

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, in consultation with theReserve 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 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 Government of India, in consultation with the Reserve Bank of India,reserves the right to exercise the green-shoe option to retain additional subscription upto
Rs6,000/8,000crorein each weekly auction depending upon the number of securities offered.

The Reserve Bank of India will also be conducting switches of dated securities through auction on third Monday of the each month. In case third Monday is a holiday, switch auction will be conducted on fourth Monday of the month.

The auction of dated securities will be subject to the terms and conditions specified in the F.No.4(2)–W&M/2018, dated March 27, 2018, issued by Government of India,as amended from time to time.

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