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

RbiAnnouncementWeb

Date: September 20, 2003


(Rs. crore)

Date of		Date of		Notified	Bids Received			Bids Accepted			Devolvement on		Total	Weigh-	Implicit	Amount
Auction		Issue		Amount	Number	Total Face Value		Number	Total Face Value		PDs/SDs*	RBI	Issue	ted	Yieldat	Out-
						Com-	Non-		Com-	Non-			(8+9+	Average	Cut-off	standing
						petitive	Com-		petitive	Com-			10+11)	Price	Price	as on the
							petitive			petitive					(per	Date of
															cent)	Issue
																(Face
																Value)

1		2		3	4	5	6	7	8	9	10	11	12	13	14	15

2002-2003
Jan.	1	Jan.	3	1,000	49	3,385	400	33	1,000	400	—	—	1,400	98.67	5.4328	7,600
2003-2004
Apr.	1	Apr.	4	500	32	950	—	20	500	—	—	—	500	98.66	5.4739	8,727
Jul.	2	Jul.	4	500	31	778	—	25	500	—	—	—	500	98.77	5.0223	7,488
Sep.	10	Sep.	12	1,500	63	4,873	100	12	1,500	100	—	—	1,600	98.86	4.6126	13,038

* : Effective from auction dated May 14, 1999, devolvement amount would be on RBI only. Note : Uniform Price Auction was introduced from November 6, 1998. The format of auction has been changed to Multiple Price Auction from Decemeber 11, 2002.