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Appendix Table V.7 : Profile of Treasury Bills

       

(Amount in Rupees crore)


 

Item

2000-01

1999-2000

1998-99

1997-98


 

1

2

3

4

5


1.

Implicit Yield at Cut-off Price (per cent)

       
 

14-day Treasury Bills

       
           
 

Minimum

6.26

6.52

5.47

4.95

           
 

Maximum

10.97

8.87

9.39

7.30

           
 

Average

8.23

8.23

7.79

5.80

           
 

91-day Treasury Bills

       
           
 

Minimum

7.91

8.25

7.17

5.72

           
 

Maximum

10.47

9.46

10.05

7.33

           
 

Average

8.98

9.03

8.57

6.83

           
 

182-day Treasury Bills

       
           
 

Minimum

8.42

8.96

..

..

           
 

Maximum

10.42

9.97

..

..

           
 

Average

9.43

9.68

..

..

           
 

364-day Treasury Bills

       
           
 

Minimum

8.66

9.31

7.97

7.98

           
 

Maximum

10.91

10.33

10.72

9.42

           
 

Average

9.76

10.09

9.51

8.46

           

2.

Gross Issues

       
 

14-day Treasury Bills

10,480

16,453

18,150

69,237

           
 

91-day Treasury Bills

7,255

8,155

16,697

13,200

           
 

182-day Treasury Bills

2,600

2,900

..

..

           
 

364-day Treasury Bills

15,000

13,000

10,200

16,247

           

3.

Net Issues

       
 

14-day Treasury Bills

-225

125

-40

240

           
 

91-day Treasury Bills

310

20

-100

-4,100

           
 

182-day Treasury Bills

0

1,300

..

..

           
 

364-day Treasury Bills

2,000

2,800

-6,047

8,006

           

4.

Outstanding at

       
 

Year/Period End

       
 

14-day Treasury Bills

100

325

200

240

           
 

91-day Treasury Bills

1,830

1,520

1,500

1,600

           
 

182-day Treasury Bills

1,300

1,300

..

..

           
 

364-day Treasury Bills

15,000

13,000

10,200

16,247


.. Not applicable.

Note :

Non-competitive bids allowed to certain entities like State Governments result in the difference between notified amount and actual amounts issued and outstanding.

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