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11. Auctions of 364-Day Government of India Treasury Bills
82576721

11. Auctions of 364-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

Yieldat

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

2004-2005

Jul.

7

Jul.

9

2,000

64

4,485

29

29

2,000

29

2,029

95.61

4.6025

32,366

Sep.

29

Oct.

1

2,000

119

6,466

28

2,000

2,000

94.92

5.3741

38,122

Jan.

5

Jan.

7

2,000

57

4,346

3

36

2,000

3

2,003

94.70

5.6232

42,126

Feb.

16

Feb.

18

2,000

82

6,690

91

33

2,000

91

2,091

94.68

5.6456

45,126

* : Effective from auction dated May 19, 1999, devolvement amount would be on RBI only.
$ : Effective from auction dated June 2, 1999, non-competitive bids have been allowed.
Notes : 1. Notified amount of Rs. 2,000 crore includes Rs.1,000 crore under Market Stabilisation Scheme.
2. The presentation of implicit yield at cut-off price has been changed from actual/364 day count convention to actual/365 day
count convention from auction dated October 27, 2004.


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