(Amount in Rupees crore)

Item

2003-04

2002-03

2001-02

2000-01

1

2

3

4

5

1.

Implicit Yield at Cut-off Price (per cent)

14-day Treasury Bills

Minimum

6.78

6.26

Maximum

7.56

10.97

Average

7.13

8.23

91-day Treasury Bills

Minimum

4.16

5.10

6.05

7.91

Maximum

5.47

7.00

8.50

10.47

Average

4.59

5.73

6.88

8.98

182-day Treasury Bills

Minimum

8.33

8.42

Maximum

8.57

10.42

Average

8.44

9.43

364-day Treasury Bills

Minimum

4.31

5.35

6.16

8.66

Maximum

5.50

6.98

8.85

10.91

Average

4.67

5.93

7.30

9.76

2.

Gross Issues

14-day Treasury Bills

1,100

10,480

91-day Treasury Bills

36,786

26,402

20,216

7,255

182-day Treasury Bills

300

2,600

364-day Treasury Bills

26,136

26,126

19,588

15,000

3.

Net Issues

14-day Treasury Bills

-300

-25

91-day Treasury Bills

2,488

4,626

3,171

310

182-day Treasury Bills

-1,300

364-day Treasury Bills

9

6,538

4,588

2,000

4.

Outstanding at
Period End

14-day Treasury Bills

300

91-day Treasury Bills

7,139

9,627

5,001

1,830

182-day Treasury Bills

1,300

364-day Treasury Bills

26,136

26,126

19,588

15,000

-: Not applicable.
Note : 1. Auction of 14-day and 182-day Treasury Bills were discontinued from the week
beginning May 14, 2001.
2. Non-competitive bids allowed to certain entities such as State Governments result in the
difference between notified amount and actual amounts issued and outstanding.