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9. Auctions of 14-Day Government of India Treasury Bills
81858278

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

Jan. 2, ’98 Jan. 3, ’98 —   35   100   —   135   99.73   7.0390   370  
Apr. 3, ’98 Apr. 4, ’98 100   100   —   —   100   99.72   7.3004   235  
Jul. 3, '98 Jul. 4, '98 100   100   —   —   100   99.77   5.9938   600  
Oct. 9, '98 Oct. 10, '98 500   500   —   —   500   99.67   8.8702   900  
Dec. 4, '98 Dec. 5, '98 100   100   —   200   300   99.68   8.3467   500  
Dec. 11, '98 Dec. 12, '98 100   100   —   200   300   99.68   8.3467   600  

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