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

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Date: November 14, 1998

																		(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

Jan.	2, '98	Jan.	3, '98	-		35		100		-		135		99.73		7.0390		370
Apr.	3, '98	Apr.	4, '98	100		100		-		-		100		99.72		7.3004		235
Jul.	3, '98	Jul.	4, '98	100		100		-		-		100		99.77		5.9938		600
Oct.	9, '98	Oct.	10, '98	500		500		-		-		500		99.67		8.8702		900
Oct.	30, '98	Oct.	31, '98	100		100		-		200		300		99.66		8.8702		400
Nov.	6, '98	Nov.	7, '98	100		100		-		-		100		99.67		8.6084		400

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