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364 day Treasury Bills: Auction Result
Date of Auction: May 21, 2008
I. Notified Amount Rs.1000.00 crore
II. Underwriting notified amount N.A.
III. Competitive Bids received
(i) Number 108
(ii) Amount Rs.4100.00 crore
IV. Cut-off price Rs.92.90 (YTM is 7.6636%)
V. Competitive bids accepted
(i) Number 41
(ii) Amount Rs.1000.00 crore
VI. Partial Allotment Percentage of Comp. Bids 16.67 (6 bids)
VII. Weighted Average Price Rs.93.01
VIII. Non-competitive bids received
(i) Number 1
(ii) Amount Rs.1500.00 crore
IX. Non-competitive bids accepted
(i) Number 1
(ii) Amount Rs.1500.00 crore
(iii) Partial Allotment Percentage 100
Sourced From: Reserve Bank of India
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