The results of the auctions of 7.99% Government Stock, 2017 (Re-issue), 8.13% Government Stock, 2022 (Re-issue) and 8.30% Government Stock, 2040 (Re-issue) held on December 3, 2010 are :
Auction Results
|
7.99% Government Stock, 2017
|
8.13% Government Stock, 2022
|
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
|
147
` 8579.25 Crore
|
144
` 6718.0220 Crore
|
105
` 6956.20 Crore
|
IV.
|
Cut-off price
|
` 99.88
(YTM is 8.0114%)
|
` 99.80
(YTM is 8.1541%)
|
` 97.90
(YTM is 8.4940%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
98
` 3984.08 Crore
|
122
` 3982.00 Crore
|
48
` 2988.25 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
24.92
(4 Bids)
|
46.59
(2 Bids)
|
47.81
(1 Bid)
|
VII.
|
Weighted Average Price
|
` 99.88
|
` 99.80
|
` 97.90
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
6
` 15.92 Crore
|
7
` 18.00 Crore
|
6
` 11.75 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
6
` 15.92 Crore
100 (6 Bids)
|
7
` 18.00 Crore
100 (7 Bids)
|
6
` 11.75 Crore
100 (6 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 4000.00 Crore
|
` 4000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Nil
|
Ajit Prasad
Assistant General Manager
Press Release: 2010-2011/777
|