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Our Bureau

Mumbai, Aug. 2

The auctions of the 364-day treasury-bills and 91-day treasury-bills were fully subscribed. The notified amount for both T-bills was Rs 4,000 crore. The Market Stabilisation Scheme (MSS) amount for 364-day T-bill was Rs 1,000 crore. The RBI received 113 competitive bids, amounting to Rs 7,900 crore. The cut-off price was Rs 93.48 (6.99 per cent YTM). The RBI accepted 33 competitive bids. The partial allotment percentage for 17 competitive bids was 88.57 per cent. The weighted average price was Rs 93.49. RBI did not receive or accept any non-competitive bid.

For the 91-day T-bill, the MSS amount was Rs 1,500 crore. The RBI received 79 competitive bids, amounting to Rs 4,703 crore. The cut-off price was Rs 98.42 (6.4391 per cent YTM).The RBI accepted 63 competitive bids. The weighted average price was Rs 98.43. The partial allotment percentage for 31 competitive bids was 15.79 per cent. The RBI did not receive or accept any non-competitive bids. The partial allotment percentage for non-competitive bids was 100 per cent.

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