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Our Bureau

Mumbai , June 1

THE auctions of the 91-day and 182-day Treasury Bills were fully subscribed, according to a release from the Reserve Bank of India.

The notified amount for the 91-day T-bills was Rs 2,000 crore. The RBI received 39 competitive bids, amounting to Rs 2,498.50 crore. Of this, the RBI accepted 30 bids. The cut off-price was Rs 98.72.

The partial allotment percentage was 99.78 per cent from 21 bids. The weighted average price was Rs 98.72.

The RBI also received and accepted one non-competitive bid for an amount of Rs 363 crore. The partial allotment percentage was 100 per cent and devolvement on the RBI was nil.

In case of the 182-day T-bills, the notified amount was Rs 1,500 crore. The RBI received 47 competitive bids, amounting to Rs 4,493 crore. Of this, it accepted 26 bids. The cut-off price was Rs 97.40.

The partial allotment percentage was 29.20 per cent from 19 bids. The weighted average price was Rs 97.41.

The RBI also received and accepted one non-competitive bid for an amount of Rs 170 crore. The partial allotment percentage was 100 per cent and devolvement on the RBI was nil.

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