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9. Auctions of 14-Day Government of India Treasury Bills
82526377

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

                       

May

14, '99

May

15, '99

100

50

50

—

100

99.70

7.8235

200

                       

May

21, '99

May

22, '99

100

98

2

—

100

99.70

8.0851

200


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

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