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10. Auctions of 91-Day Government of India Treasury Bills
82545672

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

Yield at

Outstanding

           

Com-

Non-

 

Com-

Non-

   

(8+9+

Average

Cut-off

as on the

           

petitive

Com-

 

petitive

Com-

   

10+11)

Price

Price

Date of Issue

             

petitive

   

petitive

       

(per cent)

(Face Value)


1

 

2

 

3

4

5

6

7

8

9

10

11

12

13

14

15


1999-2000

                             

Jul.

2

Jul.

3

100

14

119

25

7

73

25

—

27

125

97.73

9.2909

3,505

Oct.

1

Oct.

4

100

14

114

—

—

—

—

—

100

100

97.69

9.4585

1,735@

Jan.

7

Jan.

8

100

16

137

—

11

100

—

—

—

100

97.74

9.2490

1,375

Feb.

11

Feb.

12

100

18

131

20

10

88

20

—

12

120

97.87

8.7054

1,425

Feb.

18

Feb.

21

100

18

129

25

2

5

25

—

95

125

97.87

8.7054

1,450


                                 

* : Effective from auction dated May 14, 1999, devolvement amount would be on RBI only. @ : No bid was accepted.

Note : Uniform Price Auction was introduced from November 6, 1998. From that date onwards, weighted average price and cut-off price will be same since all the successful bidders are allotted at cut-off price.

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