Date:09/02/2006 URL: http://www.thehindubusinessline.com/2006/02/09/stories/2006020903270600.htm

Back 91-day T-bills fully subscribed

Our Bureau

Mumbai , Feb. 8

ALL the bids in the 182-day treasury bill auction were rejected, while the 91-day treasury bill was fully subscribed.

In case of the 182-day treasury bill, the notified amount was Rs 500 crore. The RBI received 25 competitive bids, amounting to Rs 813 crore. The RBI also received two bids for Rs 66.5 crore. Of these, the RBI rejected all the bids.

The notified amount for the 91-day treasury bill was Rs 500 crore.

The RBI received 34 competitive bids, amounting to Rs 1453.47 crore. Of these, the RBI accepted nine bids. The cut-off price was Rs 98.39 (6.56 per cent YTM).