10. Auctions of 91-Day Government of India Treasury Bills - RBI - Reserve Bank of India
10. Auctions of 91-Day Government of India Treasury Bills
(Rs. crore) |
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Date of |
Date of |
Notified |
Competitive |
Devolvement |
Non-Compe- |
Total |
Weighted |
Implicit Yield |
Amount Outstan- |
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Auction |
Issue |
Amount |
Bids |
on PDs and |
titive Bids |
Issue |
Average |
at Cut-off |
ding as on the |
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Accepted |
RBI* |
Accepted |
(4+5+6) |
Price |
Price |
Date of Issue |
|||||
(Face Value) |
(Face Value) |
(Face Value) |
(Face Value) |
(per cent) |
(Face Value) |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
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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 |
Apr. |
1, '99 |
Apr. |
3, '99 |
100 |
100 |
|
20 |
120 |
97.86 |
8.7472 |
1,520 |
Jul. |
2, '99 |
Jul. |
3, '99 |
100 |
73 |
27 |
25 |
125 |
97.73 |
9.2909 |
3,505 |
Jul. |
30, '99 |
Jul. |
31, '99 |
100 |
100 |
|
|
100 |
97.81 |
8.9561 |
3,375 |
Aug. |
6, '99 |
Aug. |
7, '99 |
100 |
100 |
|
35 |
135 |
97.78 |
9.0816 |
3,385 |
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* : |
Effective from auction dated May 14, 1999, devolvement amount would be on RBI only. |
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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. |