11. Auctions of 364-Day Government of India Treasury Bills

RbiAnnouncementWeb

Date: December 04, 2004

(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	Outstanding
						Com-	Non-		Com-	Non-			(8+9+	Average	Cut-off	as on the
						petitive	Com-		petitive	Com-			10+11)	Price	Price	Date of Issue
							petitive$			petitive$					(per cent)	(Face Value)
1		2		3	4	5	6	7	8	9	10	11	12	13	14	15
2004-2005
Mar.	31	Apr.	2	1,000	47	1,660	—	39	1,000	—	—	—	1,000	95.84	4.4386	26,136
Jul.	7	Jul.	9	2,000	64	4,485	29	29	2,000	29	—	—	2,029	95.61	4.6025	32,366
Sep.	29	Oct.	1	2,000	119	6,466	—	28	2,000	—	—	—	2,000	94.92	5.3741	38,122
Nov.	24	Nov.	27	1,000	48	2,661	—	24	1,000	—	—	—	1,000	94.67	5.6791	40,126

* :Effective from auction dated May 19, 1999, devolvement amount would be on RBI only. $ : Effective from auction dated June 2, 1999, non-competitive bids have been allowed. Notes : 1. Notified amount includes Rs.1,000 crore under Market Stabilisation Scheme from auction dated April 13, 2004 to October 27, 2004. 2. The presentation of implicit yield at cut-off price has been changed from actual/364 day count convention to actual/365 day count convention from auction dated October 27, 2004.