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
Q. Merits of accept-reject criteria? Merits of ARR:- (i) Simple: - ARR method is very simple to understand and use. (ii) Complete life time of the project is considered:

M has recently joined the board of X Company, a main listed confectionary manufacturer. The company was established as a family business over a century ago and members of the found

How can we interpret financial ratios??

What can a financial institution Frequently do for a deficit economic unit (DEU) that it would have difficulty doing for itself if the DEU were to deal directly along with an SEU?

If the issuer company is taken over, then the bondholders are likely to suffer. It is due to lowering of the stock prices in the market as a post takeover effect.


Audit risk Obtain understanding of accounting and internal control systems. Sufficient to plan audit and develop effective audit approach. Professional judgement to

Discuss the process of bringing a new international bond issue to market. Answer:  A borrower desiring to increase funds by issuing Eurobonds to the investing public will conta

Briefly discuss some of the services that international banks provide their customers and the market place. Answer:  International banks can be categorized by the types of servic

You are an investment banker advising a Eurobank with reference to a new international bond offering it is considering.  The carries on are to be employed to fund Eurodollar loans