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Our Bureau

Mumbai , Aug 31

THE auctions of the 91-day and 364-day Treasury bills were fully subscribed, according to a press release from Reserve Bank of India.

The notified amount for the 91-day T-bills was Rs 4,000 crore, out of which Rs 3,500 crore is MSS amount.

The RBI received 77 competitive bids amounting to Rs 10,663.17 crore. The cut-off price was Rs 98.72. Of these, RBI accepted 27 bids.

The partial allotment percentage was 32.16 from 18 bids. The weighted average price was Rs 98.73.

The central bank also received and accepted two non-competitive bids amounting to Rs 2,863 crore.

The notified amount for the 364-day T-bills was Rs 2,000 crore, out of which Rs 1,000 crore is MSS amount. The RBI received 65 competitive bids amounting to Rs 4,141 crore.

The cut-off price was Rs 94.69. Of these, RBI accepted 20 bids.

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