Home India Ministry of Finance The Government of India hereby makes the following amendment...
Date: 2018-04-05 Category: Extra Ordinary State: Union Government Country: India

The Government of India hereby makes the following amendments to its Notification in the Ministry of Finance

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

This notification, issued by the Ministry of Finance, Department of Economic Affairs, on April 5, 2018, announces amendments to the General Notification regarding the sale of Government of India Treasury Bills/Cash Management Bills via auction. Specifically, it modifies Notification No. S.O. 102(E) No. F. 4/2/WM/2018 dated March 27, 2018. The amendments are as follows: a) In Para 4 (ii), the words "Vnesheconom Bank only" in 91 Day T-Bills shall be deleted. b) In Para 5 (iii), the following sentence is inserted at the beginning: "The price, expressed up to four decimal places, should be clearly stated in the application." This notification is issued by order of the President of India, signed by Prashant Goyal, Joint Secretary.

Key Entities Referenced

Ministry of Finance: The Indian government ministry responsible for finance and economy. Department of Economic Affairs: A department within the Ministry of Finance, Government of India. New Delhi: The location of the notification. Government of India Treasury Bills: A short-term money market instrument issued by the Government of India. Cash Management Bill: A short-term bill issued by the Government of India to meet its immediate cash needs. Auction Notification No S.O 102 E: Notification number for the sale of Government of India Treasury Bills/Cash Management Bill by Auction. F. 42WM2018: Reference number related to the Scheme for sale of Government of India Treasury Bills Cash Management Bill by Auction PRASHANT GOYAL: Jt. Secy. who signed the order on behalf of the President of India.
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