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10. Auctions of 91-Day Government of India Treasury Bills
81899418

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


2000-2001

                             

Jul.

7

Jul.

10

100

19

231

-

8

100

-

-

-

100

97.84

8.8307

1,655

Oct.

6

Oct.

9

100

20

228

50

9

100

50

-

-

150

97.66

9.5843

1,750

Jan.

5

Jan.

8

100

18

170

50

10

100

50

-

-

150

97.86

8.7472

1,945

2001-2002

                             

Mar.

30

Apr.

3

100

17

174

350

10

100

350

-

-

450

97.86

8.7472

2,280


* :

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.

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