Government Stock - Auction Results

By RBI
Friday, November 12, 2010

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 :

Auction Results

7.99% Government Stock, 2017

7.80% Government Stock, 2020

8.30% Government
Stock, 2040

I.

Notified Amount

` 4000.00 Crore

` 4000.00 Crore

` 3000.00 Crore

II.

Underwriting Notified Amount

` 4000.00 Crore

` 4000.00 Crore

` 3000.00 Crore

III.

 

Competitive Bids Received
(i)  Number
(ii) Amount

157
` 8423.00 Crore

125
` 8494.00 Crore

98
` 5532.00 Crore

IV.

Cut-off price

` 99.98
(YTM is 7.9907%)

` 98.03
(YTM is 8.1013%)

` 97.91
(YTM is 8.4924%)

V.

Competitive Bids Accepted
(i)  Number
(ii) Amount

91
` 3994.25 Crore

67
` 3993.75 Crore

66
` 2995.60 Crore

VI.

Partial Allotment Percentage of Competitive Bids

96.76
(8 Bids)

3.39
(3 Bids)

79.27
(2 Bids)

VII.

Weighted Average Price

` 99.98

` 98.03

` 97.91

VIII.

 

Non Competitive Bids  Received
(i)  Number
(ii) Amount

3
` 5.75 Crore

5
` 6.25 Crore

4
` 4.40 Crore

IX.

Non- Competitive Bids Accepted
(i)   Number
(ii)  Amount
(iii) Partial Allotment Percentage

3
` 5.75 Crore
100 (3 Bids)

5
` 6.25 Crore
100 (5 Bids)

4
` 4.40 Crore
100 (4 Bids)

X.

Amount of Underwriting accepted from primary dealers

` 4000.00 Crore

` 4000.00 Crore

` 3000.00 Crore

 

Devolvement on Primary Dealers

Nil

Nil

Nil

Ajit Prasad
Assistant General Manager

Press Release: 2010-2011/673

Filed under: Finance

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