The results of the auctions of 7.17% Government Stock, 2015 (Re-issue), 8.08% Government Stock, 2022 (Re-issue) and 8.26% Government Stock, 2027 (Re-issue) held on November 19, 2010 are :
Auction Results
|
7.17% Government Stock, 2015
|
8.08% Government Stock, 2022
|
8.26% Government Stock, 2027
|
I.
|
Notified Amount
|
` 4000.00 Crore
|
` 4000.00 Crore
|
` 3000.00 Crore
|
II.
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Underwriting Notified Amount
|
` 4000.00 Crore
|
` 4000.00 Crore
|
` 3000.00 Crore
|
III.
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Competitive Bids Received
(i) Number
(ii) Amount
|
142
` 10350.00 Crore
|
153
` 8252.75 Crore
|
140
` 7227.25 Crore
|
IV.
|
Cut-off price
|
` 97.43
(YTM is 7.8492%)
|
` 99.92
(YTM is 8.0882%)
|
` 98.56
(YTM is 8.4199%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
45
` 4000.00 Crore
|
88
` 3998.6450 Crore
|
63
` 2968.6020 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
70.13
(7 Bids)
|
45.45
(6 Bids)
|
63.59
(4 Bids)
|
VII.
|
Weighted Average Price
|
` 97.43
|
` 99.92
|
` 98.56
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
Nil
Nil
|
3
` 1.3550 Crore
|
7
` 31.3980 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
Nil
Nil
Nil
|
3
` 1.3550 Crore
100 (3 Bids)
|
7
` 31.3980 Crore
100 (7 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: 2010-2011/704
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