(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

382

118

40

540

97.57

9.9621

6,151

Jan.

1, '99

Jan.

2, '99

100

100

—

—

100

97.67

9.5423

5,670

Apr.

1, '99

Apr.

3, '99

100

100

—

20

120

97.86

8.7472

1,520

Jul.

2, '99

Jul.

3, '99

100

73

27

25

125

97.73

9.2909

3,505

Sep.

10, '99

Sep.

14, '99

100

30

70

200

300

97.69

9.4585

2,160

Sep.

17, '99

Sep.

18, '99

100

25

75

—

100

97.69

9.4585

1,760

* :

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

Note :

Uniform Price Auction was introduced from November 6, 1998. From that date onwards, weighted average price and cut-off price will be same since all the successful bidders are allotted at cut-off price.