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Our Bureau

Mumbai , May 18

AUCTIONS for the 91-day treasury bill and the 182-day treasury bill on Wednesday were fully subscribed.

The notified amount for the 91-day treasury bill was Rs 2,000 crore. The RBI received 54 competitive bids, amounting to Rs 7,723 crore.

Of these, RBI accepted six bids. The cut-off price was Rs 98.73. The partial allotment percentage amounted to 81.30 per cent from five bids.

The weighted average price was Rs 98.73.

The apex bank also received two non-competitive bids, amounting to Rs 1,000 crore, which were accepted. The partial allotment was 100 per cent. The notified amount was Rs 1,500 crore for the 182-day treasury bill.

The RBI received 38 competitive bids, amounting to Rs 3,453 crore. Of these, RBI accepted 30. The cut-off price was Rs 97.39. The partial allotment percentage amounted to 10.31 per cent from 13 bids. The weighted average price was Rs 97.40.

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