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10. Auctions of 91-Day Government of India Treasury Bills
81997810

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


Date of

Date of

Notified

Bids Received

Bids Accepted

Devolvement on

Total

Weigh-

Implicit

Amount

Auction

Issue

Amount

 

Total Face Value

 

Total Face Value

PDs/SDs*

 

Issue

ted

Yield at

Outstanding

         

Number

Com-

Non-

Number

Com-

Non-

 

RBI

(8+9+

Average

Cut-off

as on the

           

petitive

Com-

 

petitive

Com-

   

10+11)

Price

Price

Date of Issue

             

petitive

   

petitive

       

(per cent)

(FaceValue)


1

 

2

 

3

4

5

6

7

8

9

10

11

12

13

14

15


2002-2003

                             

Jan.

1

Jan.

3

1,000

49

3,385

400

33

1,000

400

1,400

98.67

5.4328

7,600

2003-2004

                             

Apr.

1

Apr.

4

500

32

950

20

500

500

98.66

5.4739

8,727

Jul.

2

Jul.

4

500

31

778

25

500

500

98.77

5.0223

7,488

Aug.

20

Aug.

22

1,500

40

1,957

31

1,500

1,500

98.77

4.9813

10,338


* : Effective from auction dated May 14, 1999, devolvement amount would be on RBI only.
Note : Uniform Price Auction was introduced from November 6, 1998. The format of auction has been changed to Multiple Price Auction from Decemeber 11, 2002.

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