10. Auctions of 91-Day Government of India Treasury Bills - RBI

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Date: December 26, 1998

																		(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	200						200		200		98.23		7.2076		3,650
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
Dec.	11, '98	Dec.	12, '98	400		400						400		97.69		9.4585		5,670
Dec.	18, '98	Dec.	19, '98	400		324		77		40		440		97.69		9.4585		5,880

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