91 day Treasury Bills : Auction Results

Date of Auction : October 22, 2003

I.

Notified amount

: 

Rs.500.00 crore

II.

Bids received

(a) Competitive bids

Number

:

29

Amount

:

Rs.694.50 crore

(b) Non-competitive bids

Number

:

0

Amount

:

Nil

III.

Cut-off price

:

Rs.98.82

IV.

Competitive bids accepted

Number

:

23

Amount

:

Rs.500.00 crore

V.

Partial Allotment Percentage

:

3.43 (5 bids)

VI .

Devolvement on RBI

:

Nil

VII.

Non-competitive bids accepted

(a)

Number

:

0

Amount

:

Nil

(b)

Partial Allotment Percentage

:

N.A.

VIII.

Weighted Average Price

:

98.87