I.   T-bonds issuance calendar

1. 1. 1. The issuance plan for 2024 assumes three T-bond auctions per month (sale or switch auction, subject to the budget and market situation) with the exception of December when two auctions are planned.
      2. The issuance calendar takes into account the Monetary Policy Council (MPC) meetings as well as bonds redemption dates.
      3. The settlement dates for the T-bond sale auctions and the T-bond switching auctions will be set using T+2 convention.
      4. The T-bonds issuance calendar for 2024, taking into account the above assumptions, is as follows:

 

	Day of the month
	T-bonds issuance calendar
	1st auction	2nd auction	3rd auction
I	05 Fri	23 Tue	29 Mon
II	14 Wed	21 Wed	27 Tue
III	13 Wed	19 Tue	26 Tue
IV	10 Wed	17 Wed	23 Tue
V	15 Wed	23 Thu	28 Tue
VI	12 Wed	19 Wed	26 Wed
VII	10 Wed	23 Tue	29 Mon
VIII	07 Wed	21 Wed	28 Wed
IX	11 Wed	17 Tue	25 Wed
X	09 Wed	23 Wed	29 Tue
XI	14 Thu	21 Thu	27 Wed
XII	11 Wed	18 Wed

 

1. 1. 5. Modifications to the presented calendar, in particular cancellation of auctions, are possible subject to market situation. Detailed information will be presented in the quarterly and monthly issuance plans.

 

II. T-bills issuance calendar

1. The issuance of the T-bills will be held depending on the budget and market situation.
2. The T-bill auctions will be held depending on the needs and the preferred days for the auctions will be Mondays.
3. The settlement dates for the T-bill auctions will be set using T+2 convention.
4. Detailed information on the T-bill auctions will be presented in the quarterly and monthly issuance plans.