12. Auctions of 364-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 | |||
Jul. | 1, '98 | Jul. | 3, '98 | 100 | | 100 | | 100 | 92.61 | 7.9797 | 10,153 | @ |
Oct. | 7, '98 | Oct. | 9, '98 | 400 | 400 | | | 400 | 90.36 | 10.7174 | 5,827 | |
Jan. | 13, '99 | Jan. | 15, '99 | 750 | 750 | | | 750 | 90.52 | 10.4972 | 6,519 | |
Apr. | 7, '99 | Apr. | 9, '99 | 500 | 500 | | | 500 | 90.95 | 9.9747 | 10,700 | |
Jun. | 30, '99 | Jul. | 1, '99 | 500 | 10 | 490 | | 500 | 90.64 | 10.3266 | 13,000 | |
Jul. | 14, '99 | Jul. | 15, '99 | 500 | 218 | 282 | | 500 | 90.64 | 10.3266 | 13,300 | |
* : Effective from auction dated May 19, 1999, devolvement amount would be on RBI only. | @ : No bid was accepted. | |||||||||||
Note : | Effective from auction dated June 2, 1999, non-competitive bids have been allowed. |