The results of the auctions of 7.49% Government Stock, 2017 (Re-issue), and 8.26% Government Stock, 2027 (Re-issue) held on December 10, 2010 are :
Auction Results
|
7.49% Government Stock, 2017
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8.26% Government Stock, 2027
|
I.
|
Notified Amount
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` 3000.00 Crore
|
` 3000.00 Crore
|
II.
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Underwriting Notified Amount
|
` 3000.00 Crore
|
` 3000.00 Crore
|
III.
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Competitive Bids Received
(i) Number
(ii) Amount
|
95
` 6189.56 Crore
|
139
` 7243.60 Crore
|
IV.
|
Cut-off price
|
` 97.09
(YTM is 8.0822%)
|
` 97.87
(YTM is 8.4996%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
43
` 2996.90 Crore
|
32
` 2979.1460 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
62.92
(2 Bids)
|
96.94
(4 Bids)
|
VII.
|
Weighted Average Price
|
` 97.09
|
` 97.87
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
2
` 3.10 Crore
|
6
` 20.8540 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
2
` 3.10 Crore
100 (2 Bids)
|
6
` 20.8540 Crore
100 (6 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 3000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Ajit Prasad
Assistant General Manager
Press Release: 2010-2011/817
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