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

RbiAnnouncementWeb

Date: October 09, 1999


(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

1998-99
Oct.	7	Oct.	9	400	20	760		10	400				400	90.36	10.7174	5,827
1999-2000
Apr.	7	Apr.	9	500	41	1,325		13	500				500	90.95	9.9747	10,700
Jul.	14	Jul.	15	500	31	611		12	218			282	500	90.64	10.3266	13,300
Sep.	8	Sep.	9	500	23	609						500	500	90.68	10.2779	13,900 @
Sep.	22	Sep.	23	500	30	733		17	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.
$ :	Effective from auction dated June 2, 1999, non-competitive bids have been allowed.