Table 16 : Auctions of Treasury Bills: Maturity-wise

Table 16 : Auctions of Treasury Bills: Maturity-wise

Aug-98

Sep-98

Oct-98

Nov-98

Dec-98

Jan-99

Feb-99

Mar-99

Apr-99

(Rs Million)

Amount put on Tender

3,600

3,600

5,800

3,200

5,500

7,400

5,200

5,600

5,950

Total Bids Received

2,592

3,373

4,292

2,099

4,700

6,601

4,246

4,050

4,140

30-day

799

890

864

995

1,262

91-day

1,574

1,930

2,790

1,296

1,857

2,039

1,193

1,106

1,236

182-day

307

455

744

395

871

1,131

1,099

564

329

364-day

100

175

320

403

335

1,339

771

497

327

728-day

611

813

438

5

838

1,202

319

888

986

Total Bills Sold

2,592

3,049

4,282

2,099

4,087

5,295

3,825

3,927

3,984

30-day

605

551

565

965

1,137

91-day

1,574

1,696

2,780

1,296

1,591

1,580

1,153

1,106

1,205

182-day

307

442

744

395

747

856

1,063

498

329

364-day

100

149

320

403

323

1,126

747

485

327

728-day

611

762

438

5

821

1,182

297

873

986

(Per Cent Per Annum)

Weighted Average Yield

30-day

12.51

12.61

12.55

12.41

12.32

91-day

9.73

10.17

10.41

11.60

12.16

12.76

12.59

12.61

12.69

182-day

9.72

10.14

10.91

11.84

12.89

12.78

12.71

12.77

12.75

364-day

9.75

10.11

11.06

11.74

12.88

12.94

12.95

12.98

12.98

728-day

10.62

10.86

11.14

12.00

13.05

12.99

13.08

13.10

13.10

Overall Weighted Yield

9.94

10.34

10.62

11.67

12.58

12.84

12.73

12.74

12.71

Bank Rate (Simple Average)

9.63

10.12

10.30

11.43

12.49

12.76

12.71

12.66

12.62

Auction of 728-day and 30-day Treasury Bills started as from July and December 1998, respectively.

Note: Figures may not add up to total due to rounding.