Table 14 : Auctions of Treasury Bills

(Rs million)

Auctions held on

Total

3-Jun-99

10-Jun-99

17-Jun-99

24-Jun-99

May-99

Jun-99

1.

Amount of Bills Put on Tender

400

700

1,000

1,800

3,300

3,900

2.

Value of Bids Received

489

403

406

474

2,451

1,772

3.

Value of Bids Accepted

400

403

406

474

2,389

1,683

4.

Value of Bills Maturing

745

440

914

1,818

3,303

3,917

5.

Net Issue of Bills(3-4)

-345

-37

-508

-1,344

-914

-2,234

Figures exclude maturing Bills of the Secondary Market Cell.