Annex 7.2 Auctions of Government of India Treasury Bills
(Rs. crore)
Date of Auction
Date of Issue
Notified Amount
Bids Received
Bids Accepted
Devolvement on
Total Issue(8+9+10+11)
Weighted Average Price
Implicit Yield at Cut-off Price(per cent)
Amount Outstanding as on the Date of Issue(Face Value)
Number
Total Face Value
Number
Total Face Value
PDs / SDs*
RBI
Compe titive
Non Com petitive
Compe titive
Non Com petitive
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
91-Day Treasury Bills
2005-2006
Mmm dd, yyyy
Mmm1 dd, yyyy
x1
y1
z1
nc1
y11
z11
nc1
d1
d11
t1
p1
y1
o1
Mmm dd, yyyy
Mmm2 dd, yyyy
x2
y2
z2
nc2
y12
z12
nc2
d2
d12
t2
p2
y2
o2
182-Day Treasury Bills
2005-2006
Mmm dd, yyyy
Mmm1 dd, yyyy
x1
y1
z1
nc1
y11
z11
nc1
d1
d11
t1
p1
y1
o1
Mmm dd, yyyy
Mmm2 dd, yyyy
x2
y2
z2
nc2
y12
z12
nc2
d2
d12
t2
p2
y2
o2
364-Day Treasury Bills
2005-2006
Mmm dd, yyyy
Mmm1 dd, yyyy
x1
y1
z1
nc1
y11
z11
nc1
d1
d11
t1
p1
y1
o1
Mmm dd, yyyy
Mmm2 dd, yyyy
x2
y2
z2
nc2
y12
z12
nc2
d2
d12
t2
p2
y2
o2
Notes: 1. For 91-day TBs, Uniform Price auction was introduced from November 06, 1998. The format of auction has been changed to multiple price auction from December 11, 2002. 2. For 91-day TBs, Notified amount of Rs. 2,000 crore includes Rs.1,500 crore under Market Stabilisation Scheme (MSS). For 182-day TBs, Notified amount of Rs. 1,500 crore includes Rs.1,000 crore under MSS. For 364-day TBs, Notified amount of Rs. 2,000 crore includes Rs.1,000 crore under MSS. 3. Effective from auction dated June 2,1999, non competetive bids have been allowed in case of 364-day TBs. 4. The presentation of implicit yield at cut-off price has been changed from actual/364 day count convention to actual/365 day count convention from auction dated October 27, 2004.
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