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11. Auctions of 364-Day Government of India Treasury Bills
81854780

11. Auctions of 364-Day Government of India Treasury Bills

                                (Rs. crore)

Date of Date of Notified Bids Devolvement Total Weighted Implicit Yield Amount Outstan-
Auction Issue Amount Accepted on PDs and Issue Average at Cut-off ding as on the
        RBI (4+5) Price Price Date of Issue
      (Face Value) (Face Value) (Face Value)   (Per cent) (Face Value)

1 2 3 4 5 6 7 8 9

Oct. 8, '97 Oct. 10, '97 -   2,092   -   2,092   92.23   8.4716   16,769  
Jan. 14, '98  Jan. 16, '98 -   -   -   -   -   -   17,517 @
Apr. 7, '98  Apr. 11, '98 100   6   94   100   92.61   7.9797   14,339  
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  
Oct. 20, '98  Oct. 23, '98 400   370   30   400   90.50   10.7174   5,847  

@ : No bid was accepted.

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