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The results of the auctions of 7.99% Government Stock, 2017 (Re-issue), 7.80% Government Stock, 2020 (Re-issue) and 8.30% Government Stock, 2040 (Re-issue) held on November 12, 2010 are :
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Auction Results
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7.99% Government Stock, 2017
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7.80% Government Stock, 2020
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8.30% Government
Stock, 2040
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I.
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Notified Amount
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` 4000.00 Crore
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` 4000.00 Crore
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` 3000.00 Crore
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II.
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Underwriting Notified Amount
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` 4000.00 Crore
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` 4000.00 Crore
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` 3000.00 Crore
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III.
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Competitive Bids Received
(i) Number
(ii) Amount
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157
` 8423.00 Crore
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125
` 8494.00 Crore
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98
` 5532.00 Crore
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IV.
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Cut-off price
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` 99.98
(YTM is 7.9907%)
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` 98.03
(YTM is 8.1013%)
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` 97.91
(YTM is 8.4924%)
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V.
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Competitive Bids Accepted
(i) Number
(ii) Amount
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91
` 3994.25 Crore
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67
` 3993.75 Crore
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66
` 2995.60 Crore
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VI.
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Partial Allotment Percentage of Competitive Bids
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96.76
(8 Bids)
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3.39
(3 Bids)
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79.27
(2 Bids)
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VII.
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Weighted Average Price
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` 99.98
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` 98.03
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` 97.91
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VIII.
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Non Competitive Bids Received
(i) Number
(ii) Amount
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3
` 5.75 Crore
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5
` 6.25 Crore
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4
` 4.40 Crore
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IX.
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Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
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3
` 5.75 Crore
100 (3 Bids)
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5
` 6.25 Crore
100 (5 Bids)
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4
` 4.40 Crore
100 (4 Bids)
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X.
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Amount of Underwriting accepted from primary dealers
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` 4000.00 Crore
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` 4000.00 Crore
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` 3000.00 Crore
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Devolvement on Primary Dealers
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Nil
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Nil
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Nil
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Ajit Prasad
Assistant General Manager
Press Release: 2010-2011/673
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