Table 15: Bank Rate and Weighted Average Yields on Treasury Bills

Table 15: Bank Rate and Weighted Average Yields on Treasury Bills
				(per cent per annum)
		Auctions held on
		5-Aug-99	12-Aug-99	19-Aug-99	26-Aug-99
1.	Weighted Yield on:
	30-day	12.66	12.54	12.54	12.66
	91-day	12.70	12.75	12.70	12.70
	182-day	12.76	12.76	12.76	12.78
	364-day	13.00	13.00	13.00	13.00
	728-day	13.10	13.10	13.10	13.10
2.	Overall Weighted Average Yield	12.74	12.74	12.72	12.72
3.	Bank Rate 1	12.72	12.74	12.71	12.71
1 Effective on the day following auction day.
Bank Rate is determined on the basis of overall weighted average yield on Bills with maturities of 30, 91,182 and 364 days only.