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Auction No2/8/2010 held on 11
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 257,276,534.96
Total Amount SoldUS$ 250,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks21
Downloading of auction details in no longer permitted

Auction No2/3/2010 held on 10
Total Amount OfferedUS$ 300,000,000.00
Total Amount DemandedUS$ 316,273,773.54
Total Amount SoldUS$ 300,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks23
Downloading of auction details in no longer permitted

Auction No2/1/2010 held on 9
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 250,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks23
Downloading of auction details in no longer permitted

Auction No1/27/2010 held on 8
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 250,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks23
Downloading of auction details in no longer permitted

Auction No1/25/2010 held on 7
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 318,924,124.08
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks22
Downloading of auction details in no longer permitted

Auction No1/20/2010 held on 6
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 182,405,154.96
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks15
Downloading of auction details in no longer permitted

Auction No1/18/2010 held on 5
Total Amount OfferedUS$ 350,000,000.00
Total Amount DemandedUS$ 356,350,053.64
Total Amount SoldUS$ 350,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks22
Downloading of auction details in no longer permitted

Auction No1/13/2010 held on 4
Total Amount OfferedUS$ 250,000,000.00
Total Amount DemandedUS$ 250,000,000.00
Total Amount SoldUS$ 333,506,899.63
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks20
Downloading of auction details in no longer permitted

Auction No1/11/2010 held on 3
Total Amount OfferedUS$ 150,000,000.00
Total Amount DemandedUS$ 313,720,606.68
Total Amount SoldUS$ 150,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks22
Downloading of auction details in no longer permitted

Auction No1/6/2010 held on 2
Total Amount OfferedUS$ 100,000,000.00
Total Amount DemandedUS$ 0.00
Total Amount SoldUS$ 100,000,000.00
Highest Successfull Bid RateUS$ 0.00
Lowest Bid Rate0.00
No. of Successful0
No. of Unsuccessful0
Marginal BidUS$ 0.00
Number of Banks
Downloading of auction details in no longer permitted



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Facts : 1/1/1995
National Clearing System Re-Visited:In January 1995, a revised clearing rule became operational to facilitate effective clearing of financial instruments and shorten the period of clearing. Consequently, inter-state cheque clearing time was reduced from 21 days to 15 days, while intra-state clearing has been reduced from 12 days to 9 days.
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