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10. Auctions of 91-Day Government of India Treasury Bills
82018305

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

(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

Yield at

Outstanding

 

(8+9+

Average

Cut-off

as on the

           

Com- petitive

Non- Com- petitive

 

Com- petitive

Non- Com- petitive

   

10+11)

Price

Price
(percent)

Date of Issue
(Face Value)

1

 

2

 

3

4

5

6

7

8

9

10

11

12

13

14

15

2003-2004

                             

Jul.

2

Jul.

4

500

31

778

25

500

500

98.77

5.0223

7,488

Oct.

1

Oct.

3

500

24

730

16

500

500

98.90

4.4898

15,038

Jan.

7

Jan.

9

500

35

892

17

500

500

98.96

4.2446

6,938

Feb.

17

Feb.

20

500

27

1,620

8

13

500

8

508

98.91

4.4080

6,732

* : 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 December 11, 2002.

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