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

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Date: December 26, 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
Dec.	11, '98	Dec.	12, '98	100		100				200		300		99.68		8.3467		600
Dec.	18, '98	Dec.	19, '98	100		61		39		200		300		99.67		8.6084		600

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