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10. Auctions of 91-Day Government of India Treasury Bills
82056600

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

10+11)

Price

Price

Date of Issue

petitive

Com-

petitive

Com-

petitive

petitive

(per cent)

(Face Value)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

2003-2004

Jan.

7

Jan.

9

500

35

892

17

500

500

98.96

4.2446

6,938

2004-2005

Mar.

31

Apr.

2

500

29

1,060

18

500

500

98.95

4.3672

7,122

Jun.

30

Jul.

2

2,000

50

4,023

38

2,000

2,000

98.90

4.4898

27,239

Sep.

1

Sep.

3

2,000

58

5,960

250

28

2,000

250

2,250

98.86

4.6126

25,937

*: Effective from auction dated May 14, 1999, devolvement amount would be on RBI only.
Notes
: 1. Uniform Price Auction was introduced from November 6, 1998. The format of auction has been changed to Multiple Price Auction from December 11, 2002.
2. Notified amount includes Rs.1,500 crore under Market Stabilisation Scheme from auction dated April 7, 2004.


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