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10. Auctions of 91-Day Government of India Treasury Bills
82020545

10. Auctions of 91-Day Government of India Treasury Bills

(Rs. crore)

Date of

Date of

Notified

Bids Received

Bids Accepted

Devolvement on

Total

Weigh-

Implicit

Amount

Auction

Issue

Amount

Number

Total Face Value

Number

Total Face Value

PDs/SDs*

RBI

Issue

ted

Yieldat

Outstanding

Com-

Non-

Com-

Non-

(8+9+

Average

Cut-off

as on the

petitive

Com-

petitive

Com-

10+11)

Price

Price

Date of Issue

petitive

petitive

(per cent)

(FaceValue)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

2003-2004

Jul.

2

Jul.

4

500

31

778

25

500

500

98.77

5.0223

7,488

Oct.

1

Oct.

3

500

24

730

16

500

500

98.90

4.4898

15,038

Jan.

7

Jan.

9

500

35

892

17

500

500

98.96

4.2446

6,938

Feb.

25

Feb.

27

500

39

1,775

7

20

500

7

507

98.92

4.4080

6,739


*
: Effective from auction dated May 14, 1999, devolvement amount would be on RBI only.

Note : Uniform Price Auction was introduced from November 6, 1998. The format of auction has been changed to Multiple Price Auction from December 11, 2002.


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