364 day Treasury Bills: Auction Result

Published on Thu, May 22, 2008 at 16:43 |  Source : Moneycontrol.com

Updated at Thu, May 22, 2008 at 16:46  

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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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