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

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ਤਾਰੀਖ: ਮਈ 22, 1999


(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)
Date of Auction		Date of Issue		Notified Amount



	1		2	3	4	5	6	7	8	9	10

Jul.	3, '98	Jul.	4, '98	100	20	80	50	150	98.20	7.3320	3,460

Oct.	9, '98	Oct.	10, '98	500	382	118	40	540	97.57	9.9621	6,151

Jan.	1, '99	Jan.	2, '99	100	100			100	97.67	9.5423	5,670

Apr.	1, '99	Apr.	3, '99	100	100		20	120	97.86	8.7472	1,520

May	7, '99	May	8, '99	100	5	95	25	125	97.95	8.3716	1,590

May	14, '99	May	15, '99	100	15	85	25	125	97.95	8.3716	1,590

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