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10. Auctions of 91-Day Government of India Treasury Bills
81945343

10. Auctions of 91-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

 

Total Face Value

 

Total Face Value

PDs/SDs*

RBI

Issue

ted

Yield at

Outstanding

         

Number

Com-

Non-

Number

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


2002-2003

                           

Apr.

3

Apr.

5

250

30

815

150

14

250

150

400

98.53

5.9677

5,026

Jul.

3

Jul.

5

250

30

582

500

13

250

500

750

98.57

5.8030

5,025

Oct.

1

Oct.

4

250

24

483

600

19

250

600

850

98.58

5.7618

5,150

Nov.

6

Nov.

8

250

24

398

15

250

250

98.64

5.5150

5,150


*: Effective from auction dated May 14,1999,devolvement amount would on RBIonly.
Note :Uniform price Auction was introduced from November 6.1998.From that date onwards,weighted average price and cut –off price will be same since all the successful bidders are allotted at cut-off price.

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