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9. Auctions of 14-Day Government of India Treasury Bills
82535221

9. Auctions of 14-Day Government of India Treasury Bills

(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.

9, '98

Oct.

10, '98

500

500

—

—

500

 

99.67

8.8702

900

 

Jan.

1, '99

Jan.

2, '99

100

100

—

—

100

 

99.65

9.1320

200

 

Apr.

1, '99

Apr.

3, '99

100

100

—

—

100

 

99.70

7.8235

200

 

Jul.

2, '99

Jul.

3, '99

100

100

—

200

300

 

99.68

8.6084

600

 

Aug.

13, '99

Aug.

14, '99

100

25

75

200

300

 

99.67

8.6084

600

 

Aug.

20, '99

Aug.

21, '99

100

35

65

950

1,050

 

99.66

8.8702

1,350

 

* : Effective from auction dated May 14, 1999, devolvement amount would be on RBI only.

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