(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

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

Jan.

13, '99

Jan.

15, '99

750

750

—

750

90.52

10.4972

6,519

Apr.

7, '99

Apr.

9, '99

500

500

—

500

90.95

9.9747

10,700

May

5, '99

May

7, '99

500

500

—

500

90.96

9.9747

11,400

May

19, '99

May

21, '99

500

500

—

500

90.95

10.0110

11,800

* : Effective from auction dated May 19, 1999, devolvement amount would be on RBI only.

@ : No bid was accepted.