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83312230

No.19 : Auctions of 364-day Government of India treasury bills

                                 (Rupees in crores)
------------------------------------------------------------------------------------------------------------------
Date of          Date of          Bids Received             Bids Accepted    Cut-off  Implicit   Amount Out-
Auction          Issue        ----------------------    ------------------     Price  Yield at   standing as
                               Number         Total      Number     Total       (Per   Cut-off   on the Date
                                              Face                  Face      cent)      Price      of Issue
                                              Value                 Value            (Per cent)
------------------------------------------------------------------------------------------------------------------
     1              2            3          4              5        6          7         8           9
------------------------------------------------------------------------------------------------------------------
1996-97
-------
Sep. 11        Sep. 13             12        242.91           6    195.00      88.80   12.6126       4182.44
Sep. 25        Sep. 27             19        436.60           8    321.00      88.80   12.6126       4433.82
Oct.  9        Oct. 11             27        879.55          23    834.55      88.80   12.6126       5257.37
Oct. 23        Oct. 25             54       1285.05           4    151.00      89.21   12.0951       5332.37
Nov.  6        Nov.  8             63       1590.55          14    682.80      90.83   10.0958       5996.17
Nov. 20        Nov. 22             15        197.00           6     55.00      90.58   10.3996       6020.67
Dec.  4        Dec.  6             39        781.20          22    465.00      90.64   10.3266       6476.67
Dec. 18        Dec. 20             26        391.25          10    196.25      90.64   10.3266       6657.84
Jan.  1        Jan.  3             13        320.00          10    290.00      90.64   10.3266       6913.64
Jan. 15        Jan. 17             15        350.00           9    270.00      90.64   10.3266       7061.68
Jan. 29        Jan. 31             59       1887.40          14    635.00      90.83   10.0958       7616.68
Feb. 12        Feb. 14             39        512.48           8    110.95      90.83   10.0958       7680.63
Feb. 26        Feb. 28             23        570.00          14    435.00      90.83   10.0958       8108.63
Mar. 12        Mar. 14             10        100.00           4     42.00      90.83   10.0958       8136.63
Mar. 26        Mar. 29             13        157.00           6    117.00      90.83   10.0958       8240.63

1997-98
-------
Apr.  9        Apr. 11            101       2570.00          63   2008.00      91.39    9.4212      10027.63
Apr. 23        Apr. 25            116       3430.00          95   2893.00      91.76    8.9799      12845.63
May   7        May   9             23        371.00           1     35.00      91.76    8.9799      12789.33
May  21        May  23             13        320.00           1    100.00      91.76    8.9799      12760.09
Jun.  4        Jun.  6             10        472.03           8    397.03      91.76    8.9799      13020.12
Jun. 18        Jun. 20             10        261.70           7    206.70      91.76    8.9799      12932.84
Jul.  2        Jul.  4             28       1226.00          16    961.00      91.89    8.8258      13356.69
Jul. 16        Jul. 19             76       1985.00          37   1130.00      92.14    8.5305      13472.19
Jul. 30        Aug.  1             74       2568.00          34    958.50      92.23    8.4246      14403.71
Aug. 13        Aug. 16             56       1598.04          32    993.04      92.31    8.3306      15094.75
Aug. 27        Aug. 29              6        363.00           1    300.00      92.31    8.3306      15269.75
Sep. 10        Sep. 12              9        351.10           6    225.00      92.19    8.4716      15399.75
Sep. 24        Sep. 26              7        593.00           4    393.00      92.19    8.4716      15511.75

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