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9. Auctions of 14-Day Government of India Treasury Bills
81866797

9. Auctions of 14-Day Government of India Treasury Bills

(Rs. crore)


Date of

Date of

Notified

Competitive

Devolvement

Non-Compe-

Total

Weighted

Implicit Yield

Amount Outstan-

Auction

Issue

Amount

Bids

on PDs and

titive Bids

Issue

Average

at Cut-off

ding as on the

         

Accepted

RBI*

Accepted

(4+5+6)

Price

Price

Date of Issue

         

(Face Value)

(Face Value)

(Face Value)

(Face Value)

 

(per cent)

(Face Value)


 

1

 

2

3

4

5

6

7

8

9

10


Jul.

3, '98

Jul.

4, '98

100

100

—

—

100

99.77

5.9938

600

 

Oct.

9, '98

Oct.

10, '98

500

500

—

—

500

99.67

8.8702

900

 

Jan.

1, '99

Jan.

2, '99

100

100

—

—

100

99.65

9.1320

200

 

Apr.

1, '99

Apr.

3, '99

100

100

—

—

100

99.70

7.8235

200

 

Jun.

11, '99

Jun.

12, '99

100

100

—

300

400

99.67

8.6084

550

 

Jun.

18, '99

Jun.

19, '99

100

100

—

700

800

99.68

8.6084

1,200

 

* : Effective from auction dated May 14, 1999, devolvement amount would be on RBI only.

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