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Cut off brid HSBC 98.60 2700 State Bank of India 98.45 3600 SIO 8700 ICICI Bank 58.30 3300 Federal Bank 12000 98.15 2100 Development Bank

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Cut off brid HSBC 98.60 2700 State Bank of India 98.45 3600 SIO 8700 ICICI Bank 58.30 3300 Federal Bank 12000 98.15 2100 Development Bank of Singapore 98.00 1200 . Fix up the cut-off price, assuming RBI will accept all the bids up to 12000 crores and compute the total amount RBI will receive on behalf of the Government under the uniform price auction, and the multiple price auction 9 Calculate the yield for each bank, under the multiple price auction 4 Explain the concept of "winners curse" in the context of uniform price auction and multiple price auction, 2 . . Given below is the bids submitted by select banks to RBI against the notified amount of 12000 crores for competitive bidders in a Treasury bill auction Bidders Bid Price () Bid Amount Crore) 15 Bank of India 98.75 2400 240 5/1 Cut off brid HSBC 98.60 2700 State Bank of India 98.45 3600 SIO 8700 ICICI Bank 58.30 3300 Federal Bank 12000 98.15 2100 Development Bank of Singapore 98.00 1200 . Fix up the cut-off price, assuming RBI will accept all the bids up to 12000 crores and compute the total amount RBI will receive on behalf of the Government under the uniform price auction, and the multiple price auction 9 Calculate the yield for each bank, under the multiple price auction 4 Explain the concept of "winners curse" in the context of uniform price auction and multiple price auction, 2 . . Given below is the bids submitted by select banks to RBI against the notified amount of 12000 crores for competitive bidders in a Treasury bill auction Bidders Bid Price () Bid Amount Crore) 15 Bank of India 98.75 2400 240 5/1

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