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10. Auctions of 91-Day Government of India Treasury Bills
81977548

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

(Rs. crore)


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-

 

petitive

Com-

   

10+11)

Price

Price

 Date of Issue

         

petitive

   

petitive

       

(per cent)

        (FaceValue)


1

2

3

4

5

6

7

8

9

10

11

12

13

14

15


2002-2003

                           

Oct.

1

Oct.

4

250

24

483

600

19

250

600

850

98.58

5.7618

5,150

Jan.

1

Jan.

3

1,000

49

3,385

400

33

1,000

400

1,400

98.67

5.4328

7,600

2003-2004

                             

Apr.

1

Apr.

4

500

32

950

20

500

500

98.66

5.4739

8,727

Apr.

9

Apr.

12

500

45

2,000

350

25

500

350

850

98.73

5.1864

8,577


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

Note : Uniform Price Auction was introduced from November 6, 1998. The format of auction has been changed to Multiple Price Auction from Decemeber 11, 2002.

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