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12. Auctions of 364-Day Government of India Treasury Bills
82667584

12. Auctions of 364-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


                                 

1998-99

                               

Oct.

7

Oct.

9

400

20

760

 

—

10

400

—

—

—

400

90.36

10.7174

5,827

1999-2000

                               

Apr.

7

Apr.

9

500

41

1,325

 

—

13

500

—

—

—

500

90.95

9.9747

10,700

Jul.

14

Jul.

15

500

31

611

 

—

12

218

—

—

282

500

90.64

10.3266

13,300

Sep.

22

Sep.

23

500

30

733

 

—

17

355

—

—

145

500

90.66

10.3266

14,200

Oct.

6

Oct.

7

500

20

573

 

—

3

110

—

—

390

500

90.64

10.3266

14,300


* :

Effective from auction dated May 19, 1999, devolvement amount would be on RBI only.

$ :

Effective from auction dated June 2, 1999, non-competitive bids have been allowed.

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