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11. Auctions of 364-Day Government of India Treasury Bills
81857395

11. Auctions of 364-Day Government of India Treasury Bills

                                (Rs. crore)

Date of Date of Notified Bids Devolvement Total Weighted Implicit Yield Amount Outstan-
Auction Issue Amount Accepted on PDs and Issue Average at Cut-off ding as on the
        RBI (4+5) Price Price Date of Issue
      (Face Value) (Face Value) (Face Value)   (Per cent) (Face Value)

1 2 3 4 5 6 7 8 9

Jan. 14, ’98 Jan. 16, ’98 —   —   —   —   —   —   17,517 @
Apr. 7, ’98  Apr. 11, ’98 100   6   94   100   92.61   7.9797   14,339
Jul. 1, '98  Jul. 3, '98 100   —   100   100   92.61   7.9797   10,153 @
Oct. 7, '98  Oct. 9, '98 400   400   —   400   90.36   10.7174   5,827
Dec. 16, '98  Dec. 18, '98 500   500   —   500   90.52   10.4972   5,314
Dec. 30, '98  Jan. 1, '99 500   500   —   500   90.55   10.4728   5,769

@ : No bid was accepted.

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