(Rs. crore)

Date of

Date of

Notified

Competitive

Devolvement

Non-Compe-

Total

Weighted

Implicit Yield

Amount Outstan-

Auction

Issue

Amount

Bids

on PDs and

titive Bids

Issue

Average

at Cut-off

ding as on the

Accepted

RBI*

Accepted

(4+5+6)

Price

Price

Date of Issue

(Face Value)

(Face Value)

(Face Value)

(Face Value)

(per cent)

(Face Value)

1

2

3

4

5

6

7

8

9

10

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

Jul.

14, '99

Jul.

15, '99

500

218

282

—

500

90.64

10.3266

13,300

Sep.

8, '99

Sep.

9, '99

500

—

500

—

500

90.68

10.2779

13,900

@

Sep.

22, '99

Sep.

23, '99

500

355

145

—

500

90.66

10.3266

14,200

* :

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.