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Scheme for Sale of 14 day Intermediate Treasury Bills
April, 02nd 2012
                                Government of India
                                  Ministry of Finance
                            Department of Economic Affairs
                                  (Budget Division)

                                                       New Delhi dated March 30, 2012


              Scheme for Sale of 14 day Intermediate Treasury Bills

No. F 2(1)-W&M/2012: In terms of the Scheme for Sale of 14 Day Treasury Bills
introduced vide Government of India Notification Ministry of Finance No .F 2(1)-
W&M/97 (2) dated 31st March 1997, the Government of India hereby notifies that the
discount rate payable on the 14 day intermediate treasury bills shall with effect from
February 13, 2012 be fixed at 5% till further notification. The bills will be rediscounted
at 50 basis points higher than the discount rate.

                                                       By Order of the President of India

                                                             (Shaktikanta Das)
                                         Additional Secretary to the Government of India

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