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11. Auctions of 364-Day Government of India Treasury Bills
82051067

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

Date of Date of Notified Bids Received Bids Accepted Devolvement on Total Weigh- Implicit Amount
Auction Issue Amount Number Total Face Value Number Total Face Value PDs/SDs* RBI Issue ted Yieldat Outstanding
Com- Non- Com- Non- (8+9+ Average Cut-off as on the
petitive Com- Com- 10+11) Price Price Date of Issue
petitive$ petitive petitive$ (per cent) (Face Value)
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
2004-2005
Mar. 31 Apr. 2 1,000 47 1,660 39 1,000 1,000 95.84 4.4386 26,136
Jul. 7 Jul. 9 2,000 64 4,485 29 29 2,000 29 2,029 95.61 4.6025 32,366
Sep. 29 Oct. 1 2,000 119 6,466 28 2,000 2,000 94.92 5.3741 38,122
Oct. 27 Oct. 29 2,000 101 6,445 33 2,000 2,000 94.64 5.6903 40,126
* : Effective from auction dated May 19, 1999, devolvement amount would be on RBI only. $ : Effective from auction dated June 2, 1999, non-competitive bids have been allowed.
Note : 1. Notified amount includes Rs.1,000 crore under Market Stabilisation Scheme from auction dated April 13, 2004.
2. The presentation of implicit yield at cut-off price has been changed from actual/364 day count convention to actual/365 day count convention from auction dated October 27, 2004.


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