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12. Auctions of 364-Day Government of India Treasury Bills
81871270

12. Auctions of 364-Day Government of India Treasury Bills

(Rs. crore)


Date of
Auction

Date of
Issue

Notified
Amount

Competitive
Bids
Accepted
(Face Value)

Devolvement
on PDs and
RBI*
(Face Value)

Non-Compe-
titive Bids
Accepted
(Face Value)

Total
Issue
(4+5+6)
(Face Value)

Weighted
Average
Price

Implicit Yield
at Cut-off
Price
(per cent)

Amount Outstan-
ding as on the
Date of Issue
(Face Value)


1

2

3

4

5

6

7

8

9

10


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

Jun.

30, '99

Jul.

1, '99

500

10

490

—

500

90.64

10.3266

13,000

Jul.

14, '99

Jul.

15, '99

500

218

282

—

500

90.64

10.3266

13,300


* : Effective from auction dated May 19, 1999, devolvement amount would be on RBI only. @ : No bid was accepted.

Note :Effective from auction dated June 2, 1999, non-competitive bids have been allowed.

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