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12. Auctions of 364-Day Government of India Treasury Bills
81876791

12. Auctions of 364-Day Government of India Treasury Bills

(Rs. crore)


Date of
Auction

Date of
Issue

Notified
Amount

Competitive
Bids
Accepted
(Face Value)

Devolvement
on PDs and
RBI*
(Face Value)

Non-Compe-
titive Bids
Accepted
(Face Value)

Total
Issue
(4+5+6)
(Face Value)

Weighted
Average
Price

Implicit Yield
at Cut-off
Price
(per cent)

Amount Outstan-
ding as on the
Date of Issue
(Face Value)


 

1

 

2

3

4

5

6

7

8

9

 

10

 

Jul.

1, '98

Jul.

3, '98

100

—

100

—

100

92.61

7.9797

 

10,153

@

Oct.

7, '98

Oct.

9, '98

400

400

—

—

400

90.36

10.7174

 

5,827

 

Jan.

13, '99

Jan.

15, '99

750

750

—

—

750

90.52

10.4972

 

6,519

 

Apr.

7, '99

Apr.

9, '99

500

500

—

—

500

90.95

9.9747

 

10,700

 

Jun.

16, '99

Jun.

17, '99

500

225

275

—

500

90.64

10.3266

 

12,600

 

Jun.

30, '99

Jul.

1, '99

500

10

490

—

500

90.64

10.3266

 

13,000

 

* : Effective from auction dated May 19, 1999, devolvement amount would be on RBI only.

@ : No bid was accepted.

Note : Effective from auction dated June 2, 1999, non-competitive bids have been allowed.

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