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9. Auctions of 14-Day Government of India Treasury Bills
81859075

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

Jan. 2, '98 Jan. 3, '98 -   35   100   -   135   99.73   7.0390   370  
Apr. 3, '98 Apr. 4, '98 100   100   -   -   100   99.72   7.3004   235  
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  
Oct. 30, '98 Oct. 31, '98 100   100   -   200   300   99.66   8.8702   400  
Nov. 6, '98 Nov. 7, '98 100   100   -   -   100   99.67   8.6084   400  

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