Table
16: Auctions of Treasury Bills: Maturity-wise |
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Dec-98 |
Jan-99 |
Feb-99 |
Mar-99 |
Apr-99 |
May-99 |
Jun-99 |
Jul-99 |
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Rs million |
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Amount put on Tender |
5,500 |
7,400 |
5,200 |
5,600 |
5,950 |
3,300 |
3,900 |
4,950 |
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Total Bids Received |
4,700 |
6,601 |
4,246 |
4,050 |
4,140 |
2,451 |
1,772 |
3,462 |
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30-day |
799 |
890
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864 |
995 |
1,262 |
979 |
602 |
1,131 |
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91-day |
1,857 |
2,039
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1,193 |
1,106 |
1,236 |
640 |
516 |
1,213 |
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182-day |
871 |
1,131
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1,099 |
564 |
329 |
316 |
227 |
224 |
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364-day |
335 |
1,339
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771 |
497 |
327 |
266 |
72 |
486 |
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728-day |
838 |
1,202 |
319 |
888 |
986 |
250 |
355 |
408 |
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Total Bills Sold |
4,087 |
5,295 |
3,825 |
3,927 |
3,984
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2,389 |
1,683 |
3,448 |
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30-day |
605 |
551 |
565 |
965 |
1,137 |
922 |
564 |
1,131 |
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91-day |
1,591 |
1,580
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1,153 |
1,106 |
1,205 |
640 |
487 |
1,207 |
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182-day |
747 |
856 |
1,063 |
498 |
329 |
316 |
206 |
217 |
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364-day |
323 |
1,126
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747 |
485 |
327 |
261 |
72 |
486 |
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728-day |
821 |
1,182
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297 |
873 |
986 |
250 |
354 |
407 |
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Per
cent per annum |
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Weighted Average Yield |
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30-day |
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12.51 |
12.61 |
12.55 |
12.41 |
12.32 |
12.41 |
12.44 |
12.56 |
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91-day |
12.16 |
12.76 |
12.59 |
12.61 |
12.69 |
12.68 |
12.67 |
12.72 |
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182-day |
12.89 |
12.78 |
12.71 |
12.77 |
12.75 |
12.77 |
12.77 |
12.78 |
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364-day |
12.88 |
12.94 |
12.95 |
12.98 |
12.98 |
13.00 |
12.98 |
12.99 |
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728-day |
13.05 |
12.99 |
13.08 |
13.10 |
13.10 |
13.10 |
13.10 |
13.10 |
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Overall Weighted Yield |
12.58 |
12.84 |
12.73 |
12.74 |
12.71 |
12.67 |
12.71 |
12.75 |
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Bank Rate (Simple Average) |
12.49 |
12.76 |
12.71 |
12.66 |
12.62 |
12.62 |
12.61 |
12.69 |
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Auction of
728-day and 30-day Treasury Bills started as from July and December 1998,
respectively. |
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Note: Figures
may not add up to total due to rounding. |
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