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10. Auctions of 91-Day Government of India Treasury Bills
82027240

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

(8+9+

Average

Cut-off

as on the

Com-

Non-

Com-

Non-

10+11)

Price

Price

Date of Issue

petitive

Com-

petitive

Com-

petitive

petitive

(per cent)

(FaceValue)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

2003-2004

Oct.

1

Oct.

3

500

24

730

16

500

500

98.90

4.4898

15,038

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

May

26

May

28

2,000

47

7,458

8

43

2,000

8

2,008

98.92

4.4080

19,632


*
: 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 December 11, 2002.


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