Financial Daily from THE HINDU group of publications
Thursday, Feb 02, 2006


News
Features
Stocks
Shipping
Archives
Google

Group Sites

Money & Banking - Short Term Instruments


T-bill auctions fully subscribed

Our Bureau

Mumbai , Feb. 1

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

The notified amount for the 91-day T-bill was Rs 500 crore. The RBI received 47 competitive bids amounting to Rs 2481.16 crore. The cut-off price was Rs 98.39 (6.56 per cent YTM). The RBI accepted eight bids.

The partial allotment percentage of competitive bids was 46.48 per cent from five bids. The weighted average price was Rs 98.39. The RBI also received and accepted three non-competitive bids amounting to Rs 206.54 crore. The partial allotment percentage was 100 per cent.

The notified amount for the 364-day bill was Rs 1,000 crore. The RBI received 48 competitive bids, amounting to Rs 2,486 crore. The cut-off price was Rs 93.7 (YTM 6.74 per cent). It accepted 17 bids.

The partial allotment percentage of competitive bids was 79.1 per cent from five bids.

More Stories on : Short Term Instruments

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
DCB plans private placement, IPO to raise Rs 350 cr


BoM ties up with Western Union
Rupee slumps; bonds edge up
It's a mixed show by PSBs in Q3
Shrachi Infra plans to raise Rs 15 cr
Banks, housing finance cos hike lending rates
Govt may hike capital base of non-life insurers to Rs 250 cr
Moody's assigns high credit rating to ONGC
PNB disburses retail loans at Malappuram
Banks hike term deposit rates
T-bill auctions fully subscribed



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line