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10. Auctions of 91-Day Government of India Treasury Bills
82516881

10. Auctions of 91-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

Oct. 3, '97 Oct. 4, '97 300   205   95   -   300   98.31   6.8762   4,200  
Jan. 2, '98 Jan. 3, '98 200   -   -   200   200   98.23   7.2076   3,650  
Apr. 3, '98 Apr. 4, '98 100   10   90    25   125   98.20   7.3320   1,525  
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  
Oct. 16,'98 Oct. 17,'98 500   500   -   40   540   97.56   10.0461   6,211  

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