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10. Auctions of 91-Day Government of India Treasury Bills
82564055

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

Yield at

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)

(Face Value)


1

 

2

 

3

4

5

6

7

8

9

10

11

12

13

14

15


2001-2002

                             

Jul.

4

Jul.

6

250

22

505

350

14

250

350

600

98.27

7.0418

4,265

Oct.

3

Oct.

5

250

30

543

75

17

250

75

325

98.31

6.8762

5,300

Jan.

2

Jan.

4

250

25

546

125

11

250

125

375

98.29

6.9590

5,575

2002-2003

                             

Apr.

3

Apr.

5

250

30

815

150

14

250

150

400

98.53

5.9677

5,026


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

Note : Uniform Price Auction was introduced from November 6, 1998. From that date onwards, weighted average price and cut-off price will be same since all the successful bidders are allotted at cut-off price.

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