The Reserve Bank of India (RBI) has issued a new notification regarding the sale and issuance of Government of India Securities, including Treasury Bills and Cash Management Bills. This notification, identified as F.No.4(2)-B(W&M)/2018 and dated March 26, 2025, supersedes previous notifications from March 2018. The update provides revised guidelines for participants in the government securities market. It follows earlier circulars that outlined the process for auction-based sales of these securities. The RBI has enclosed a copy of the new notification for reference. This update aims to streamline the issuance process and ensure alignment with current financial regulations.
Reserve Bank of India
India’s Central Bank
Notifications
General Notification for Sale and Issue of Government of India Securities (including Treasury Bills and Cash Management Bills)
RBI/2024-25/133
Ref.No.IDMD.2320/08.01.01/2024-25 Dated: March 27, 2025
All participants in the Government Securities market.
Madam/Sir,
General Notification for Sale and Issue of Government of India Securities (including Treasury Bills and Cash Management Bills)
Please refer to our circulars IDMD.2592/08.01.01/2017-18 dated April 09, 2018, forwarding therewith a copy of the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 issued by the Government of India for sale of Government of India Securities, and IDMD.2593/08.01.01/2017-18 dated April 09, 2018, forwarding therewith a copy of the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 issued by the Government of India for sale of Government of India Treasury Bills/Cash Management Bills by auction.
3. Government of India have now issued the General Notification F.No.4(2)-B(W&M)/2018 dated March 26, 2025, for sale and issue of Government of India Securities (including Treasury Bills and Cash Management Bills) in supersession of the above-mentioned General Notifications, a copy of which is enclosed.
Yours faithfully,
(Dr. Sudarsana Sahoo)
General Manager
