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9. Auctions of 14-Day Government of India Treasury Bills
81873143

9. Auctions of 14-Day Government of India Treasury Bills

(Rs. crore)


Date of

Date of

Notified

Competitive

Devolvement

Non-Compe-

Total

Weighted

Implicit Yield

Amount Outstan-

Auction

Issue

Amount

Bids

on PDs and

titive Bids

Issue

Average

at Cut-off

ding as on the

         

Accepted

RBI*

Accepted

(4+5+6)

Price

Price

Date of Issue

         

(Face Value)

(Face Value)

(Face Value)

(Face Value)

 

(per cent)

(Face Value)


1

2

3

4

5

6

7

8

9

10


Oct.

9, '98

Oct.

10, '98

500

500

—

—

500

 

99.67

8.8702

900

 

Jan.

1, '99

Jan.

2, '99

100

100

—

—

100

 

99.65

9.1320

200

 

Apr.

1, '99

Apr.

3, '99

100

100

—

—

100

 

99.70

7.8235

200

 

Jul.

2, '99

Jul.

3, '99

100

100

—

200

300

 

99.68

8.6084

600

 

Aug.

20, '99

Aug.

21, '99

100

35

65

950

1,050

 

99.66

8.8702

1,350

 

Aug.

27, '99

Aug.

28, '99

100

100

—

200

300

 

99.69

8.0851

1,350

 

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

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