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10. Auctions of 91-Day Government of India Treasury Bills
82044719

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

Yieldat

Outstanding

Com-

Non-

Com-

Non-

(8+9+

Average

Cut-off

as on the

Com-

Com-

10+11)

Price

Price

Date of Issue

petitive

petitive

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

500

29

1,060

18

500

500

98.95

4.3672

7,122

Jun.

30

Jul.

2

2,000

50

4,023

38

2,000

2,000

98.90

4.4898

27,239

Sep.

29

Oct.

1

2,000

65

2,391

53

2,000

2,000

98.77

5.0223

24,749

Dec.

29

Dec.

31

2,000

55

4,715

16

2,000

2,000

98.68

5.4065

22,312

*: Effective from auction dated May 14, 1999, devolvement amount would be on RBI only.
Notes: 1.Uniform Price Auction was introduced from November 6, 1998.
The format of auction has been changed to Multiple Price Auction from December 11, 2002.
2.Notified amount of Rs. 2,000 crore includes Rs.1,500 crore under Market Stabilisation Scheme.
3.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.


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