Government Stock - Auction Results

By RBI
Friday, November 19, 2010

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.

Underwriting Notified Amount

` 4000.00 Crore

` 4000.00 Crore

` 3000.00 Crore

III.

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

Filed under: Finance

Tags: ,
YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :