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9. Auctions of 14-Day Government of India Treasury Bills
81882731

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

(Rs. crore)


Date of

Date of

Notified

Competitive

Devolvement

Non-Compe-

Total

Weighted

Implicit Yield

Amount Outstan-

Auction

Issue

Amount

Bids

on PDs and

titive Bids

Issue

Average

at Cut-off

ding as on the

         

Accepted

RBI*

Accepted

(4+5+6)

Price

Price

Date of Issue

         

(Face Value)

(Face Value)

(Face Value)

(Face Value)

 

(per cent)

(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

Sep.

17, '99

Sep.

18, '99

100

26

 

74

1,101

 

1,201

99.67

8.6084

1,701

Sep.

24, '99

Sep.

25, '99

100

64

 

36

400

 

500

99.68

8.6084

1,701


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

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