(Rs. crore)

Date of
Auction

Date of
Issue

Notified
Amount

Competitive
Bids
Accepted
(Face Value)

Devolvement
on PDs and
RBI
(Face Value)

Non-Compe-
titive Bids
Accepted
(Face Value)

Total
Issue
(4+5+6)
(Face Value)

Weighted
Average
Price

Implicit Yield
at Cut-off
Price
(per cent)

Amount Outstan-
ding as on the
Date of Issue
(Face Value)

1

2

3

4

5

6

7

8

9

10

Apr.

3, ’98

Apr.

4, ’98

100

10

90

25

125

98.20

7.3320

1,525

Jul.

3, '98

Jul.

4, '98

100

20

80

50

150

98.20

7.3320

3,460

Oct.

9, '98

Oct.

10, '98

500

382

118

40

540

97.57

9.9621

6,151

Jan.

1, '99

Jan.

2, '99

100

100

—

—

100

97.67

9.5423

5,670

Mar.

12, '99

Mar.

13, '99

100

100

—

—

100

97.86

8.7472

1,865

Mar.

19, '99

Mar.

20, '99

100

10

90

—

100

97.86

8.7472

1,525

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.