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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 NOTIFICATION 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