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10. Auctions of 91-Day Government of India Treasury Bills
82532552

10. Auctions of 91-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.

1

Apr.

3

100

10

130

 

20

9

100

20

—

—

120

97.86

8.7472

1,520

 

Jul.

2

Jul.

3

100

14

119

 

25

7

73

25

—

27

125

97.73

9.2909

3,505

 

Oct.

1

Oct.

4

100

14

114

 

—

—

—

—

—

100

100

97.69

9.4585

1,735

@

Dec.

30

Jan.

4

100

16

136

 

—

11

100

—

—

—

100

97.78

9.0816

1,375

 

Jan.

7

Jan.

8

100

16

137

 

—

11

100

—

—

—

100

97.74

9.2490

1,375

 

* :

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

@ : No bid was accepted.

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.

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