10. Auctions of 91-Day Government of India Treasury Bills
81858913
(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.
18, '98
Dec.
19, '98
400
324
77
40
440
97.69
9.4585
5,880
Dec.
24, '98
Dec.
26, '98
100
48
52
50
150
97.66
9.5843
5,770
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.