Appendix Table V.8 : Profile of Treasury Bills
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(Amount in Rupees crore) |
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Item |
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2003-04 |
2002-03 |
2001-02 |
2000-01 |
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1 |
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2 |
3 |
4 |
5 |
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1. |
Implicit Yield at Cut-off Price (per cent) |
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14-day Treasury Bills |
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Minimum |
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|
6.78 |
6.26 |
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Maximum |
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|
7.56 |
10.97 |
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Average |
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|
7.13 |
8.23 |
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91-day Treasury Bills |
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Minimum |
4.16 |
5.10 |
6.05 |
7.91 |
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Maximum |
5.47 |
7.00 |
8.50 |
10.47 |
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Average |
4.59 |
5.73 |
6.88 |
8.98 |
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182-day Treasury Bills |
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Minimum |
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8.33 |
8.42 |
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Maximum |
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8.57 |
10.42 |
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Average |
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8.44 |
9.43 |
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364-day Treasury Bills |
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Minimum |
4.31 |
5.35 |
6.16 |
8.66 |
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Maximum |
5.50 |
6.98 |
8.85 |
10.91 |
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Average |
4.67 |
5.93 |
7.30 |
9.76 |
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2. |
Gross Issues |
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14-day Treasury Bills |
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1,100 |
10,480 |
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91-day Treasury Bills |
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36,786 |
26,402 |
20,216 |
7,255 |
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182-day Treasury Bills |
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|
|
300 |
2,600 |
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364-day Treasury Bills |
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26,136 |
26,126 |
19,588 |
15,000 |
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3. |
Net Issues |
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14-day Treasury Bills |
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|
-300 |
-25 |
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91-day Treasury Bills |
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2,488 |
4,626 |
3,171 |
310 |
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182-day Treasury Bills |
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-1,300 |
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364-day Treasury Bills |
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9 |
6,538 |
4,588 |
2,000 |
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4. |
Outstanding at
Period End |
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14-day Treasury Bills |
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|
300 |
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91-day Treasury Bills |
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7,139 |
9,627 |
5,001 |
1,830 |
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182-day Treasury Bills |
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1,300 |
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364-day Treasury Bills |
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26,136 |
26,126 |
19,588 |
15,000 |
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-: Not applicable.
Note : 1. Auction of 14-day and 182-day Treasury Bills were discontinued from the week
beginning May 14, 2001.
2. Non-competitive bids allowed to certain entities such as State Governments result in the
difference between notified amount and actual amounts issued and outstanding. |
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