Issuance calendar, Financial Management

Issuance Calendar

Issuance calendar gives clear and timely information about the borrowing program of the government. It clearly conveys the maturity profile of outstanding stock, redemption schedule. It has to achieve balance between providing flexibility to the government and maintaining market certainty with regard to market timing.

The main constraint for the publication of issuance calendar is the fluctuating or uncertain trends in the returns pattern of the Government of India. In the case of Government Treasury Bills, the auction schedule is governed by a pre-notified issuance calendar. It was proposed by the Finance Minister that there would be a calendar of auctions of government securities beginning from the financial year 2002-03. The issuance calendar will help reduce volatility in the market with regard to speculation on government borrowings as the timings of the issuance will be intimated in advance.

 

Posted Date: 9/10/2012 7:44:37 AM | Location : United States







Related Discussions:- Issuance calendar, Assignment Help, Ask Question on Issuance calendar, Get Answer, Expert's Help, Issuance calendar Discussions

Write discussion on Issuance calendar
Your posts are moderated
Related Questions
The payment that the issuer makes to the bondholder can be in any currency. The contract at the time of bond issue between the issuer and the investor can specify


Cost of Retained Earning: - It is on occasion argued that retained earnings carry no cost since a firm isn't required to pay dividend on retained earnings. Nevertheless this isn't

Q. Importance of the cost of capital? 1. Evaluating financial performance: the actual profitability of the project is compared to the projected overall cost of capital and th

Discuss risk from the perspective of the Capital Asset Pricing Model (CAPM). The Capital Asset Pricing Model or CAPM be able to be used to compute the appropriate required rate

How are financial trades made on an organized exchange? Every exchange-listed security is traded at a precise location on the trading floor called the post. The trading is mana

Letter of Credit (LOC) A popular bank instrument begins that a bank has granted the holder an amount of credit equal to the face amount of the L/C. A bank guarantees payment of

Q. Define the finance function? Is it a risk-return trade off? What is the basic role of a modern financial manager? What is the basic importance of finance function in the mana

Question 1: Analyze the practice of democracy as advocated by the early Greek political thinkers. Question 2: To what extent can Man live peacefully with each other wi

what is the value of beta for this fund ? If the benchmark index for this mutual fund increased by 11.00% during the period covered by beta measure, what was the rate of return for