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Date : Aug 01, 2007
Annex 7.2 Auctions of Government of India Treasury Bills

(Rs. crore)

Date of Auction

Date of Issue

Notified Amount

Bids Received

Bids Accepted

Devolvement on

Total Issue(8+9+10+11)

Weighted Average Price

Implicit Yield at Cut-off Price(per cent)

Amount Outstanding as on the Date of Issue(Face Value)

Number

Total Face Value

Number

Total Face Value

PDs / SDs*

RBI

Compe titive

Non Com petitive

Compe titive

Non Com petitive

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

91-Day Treasury Bills

2005-2006

Mmm dd, yyyy

Mmm1 dd, yyyy

x1

y1

z1

nc1

y11

z11

nc1

d1

d11

t1

p1

y1

o1

Mmm dd, yyyy

Mmm2 dd, yyyy

x2

y2

z2

nc2

y12

z12

nc2

d2

d12

t2

p2

y2

o2

182-Day Treasury Bills

2005-2006

Mmm dd, yyyy

Mmm1 dd, yyyy

x1

y1

z1

nc1

y11

z11

nc1

d1

d11

t1

p1

y1

o1

Mmm dd, yyyy

Mmm2 dd, yyyy

x2

y2

z2

nc2

y12

z12

nc2

d2

d12

t2

p2

y2

o2

364-Day Treasury Bills

2005-2006

Mmm dd, yyyy

Mmm1 dd, yyyy

x1

y1

z1

nc1

y11

z11

nc1

d1

d11

t1

p1

y1

o1

Mmm dd, yyyy

Mmm2 dd, yyyy

x2

y2

z2

nc2

y12

z12

nc2

d2

d12

t2

p2

y2

o2

Notes:
1. For 91-day TBs, Uniform Price auction was introduced from November 06, 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 competetive bids have been allowed in 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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