9. Auctions of 14-Day Government of India Treasury Bills

RbiAnnouncementWeb

Date: July 24, 1999

(Rs. crore)

Date of Auction		Date of Issue		Notified Amount	Competitive Bids Accepted (Face Value)	Devolvement on PDs and RBI* (Face Value)	Non-Compe- titive Bids Accepted (Face Value)	Total Issue (4+5+6) (Face Value)	Weighted Average Price	Implicit Yield at Cut-off Price (per cent)	Amount Outsan- ding as on the Date of Issue (Face Value)

	1		2	3	4	5	6	7	8	9	10

Oct.	9, '98	Oct.	10, '98	500	500			500	99.67	8.8702	900
Jan.	1, '99	Jan.	2, '99	100	100			100	99.65	9.1320	200
Apr.	1, '99	Apr.	3, '99	100	100			100	99.70	7.8235	200
Jul.	2, '99	Jul.	3, '99	100	100		200	300	99.68	8.6084	600
Jul.	9, '99	Jul.	10, '99	100	100		600	700	99.69	8.0851	1,000
Jul.	16, '99	Jul.	17, '99	100	100		200	300	99.67	8.6084	1,000

* : Effective from auction dated May 14, 1999, devolvement amount would be on RBI only.