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12. Auctions of 364-Day Government of India Treasury Bills
82544381

12. Auctions of 364-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

           

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


1999-2000

                                 

Apr.

7

Apr.

9

500

41

1,325

 

—

13

500

—

 

—

—

500

90.95

9.9747

10,700

Jul.

14

Jul.

15

500

31

611

 

—

12

218

—

 

—

282

500

90.64

10.3266

13,300

Oct.

6

Oct.

7

500

20

573

 

—

3

110

—

 

—

390

500

90.64

10.3266

14,300

Dec.

15

Dec.

16

500

52

970

 

—

31

500

—

 

—

—

500

90.85

10.1079

14,500

Dec.

28

Dec.

29

500

44

822

 

—

27

500

—

 

—

—

500

90.80

10.1686

14,500


* :

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.

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