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Document - 10. Auctions of Government of India Treasury Bills () or PDF - 10. Auctions of Government of India Treasury Bills ()
Date : Aug 13, 2005
10. Auctions of Government of India Treasury Bills
                 

(Rs. crore)

Date of

 

Date of

Issue

Notified

Bids Received

Bids Accepted

Devol-

vement

on RBI

Total

Issue

(8+9+10)

Weigh-

ted

Average Price

Implicit

Yieldat

Cut-off Price(per cent)

Amount

Outstanding

as on the Date of Issue (Face Value)

Auction

 

Amount

 

Total Face Value

 

Total Face Value

           

Number

Com- petitive

Non- Com- petitive

Number

Com- petitive

Non- Com- petitive

1

   

2

 

3

4

5

6

7

8

9

10

11

12

13

14

               

91-Day Treasury Bills

         

2004-2005

                           

Jan.

5

Jan.

7

2,000

80

4,978

51

2,000

2,000

98.72

5.2418

22,312

2005-2006

                           

Mar.

30

Apr.

2

2,000

45

4,223

125

24

2,000

125

2,125

98.69

5.3241

27,917

Jun.

29

Jul.

2

2,000

48

4,030

782

16

2,000

782

2,782

98.69

5.3653

30,548

Aug.

3

Aug.

5

2,000

58

6,908

23

2,000

2,000

98.70

5.3241

25,364

                                 
               

182-Day Treasury Bills

         

2005-2006

                           

Apr.

6

Apr.

8

1,500

73

6,710

14

1,500

1,500

97.36

5.4381

1,500

Jun.

29

Jul.

2

1,500

24

1,507

24

1,500

1,500

97.35

5.6711

10,670

Jul.

13

Jul.

15

1,500

58

3,868

309

7

550

309

859

97.25

5.6711

11,529

               

364-Day Treasury Bills

         

2004-2005

                           

Jan.

5

Jan.

7

2,000

57

4,346

3

36

2,000

3

2,003

94.70

5.6232

42,126

2005-2006

                           

Apr.

13

Apr.

15

2,000

86

6,195

80

40

2,000

80

2,080

94.68

5.6456

48,212

Jul.

6

Jul.

8

2,000

53

4,046

28

2,000

2,000

94.61

5.7351

49,154

Aug.

3

Aug.

5

2,000

75

5,156

23

2,000

2,000

94.69

5.6456

49,180

Notes:
1.For 91-day TBs, Uniform Price Auction was introduced from November 6, 1998. The format of auction
has been changed to Multiple Price Auction from December 11, 2002.
2.For 91-day TBs, notified amount of Rs. 2,000 crore includes Rs.1,500 crore under Market Stabilisation Scheme (MSS).
For 182-day TBs, notified amount of Rs. 1,500 crore includes Rs.1,000 crore under MSS. For 364-day TBs, notified amount
of Rs. 2,000 crore includes Rs.1,000 crore under MSS.
3.Effective from auction dated June 2, 1999, non-competitive bids have been allowed in the case of 364-day TBs.
4.The presentation of implicit yield at cut-off price has been changed from actual/364 day count convention to actual/365 day

count convention from auction dated October 27, 2004.


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