The results of the auctions of 7.17% Government Stock, 2015 (Re-issue), 8.08% Government Stock, 2022 (Re-issue) and 8.30% Government Stock, 2040 (Re-issue) held on December 24, 2010 are :
Auction Results
|
7.17% Government Stock, 2015
|
8.08% Government Stock, 2022
|
8.30%
Government
Stock, 2040
|
I.
|
Notified Amount
|
` 2000.00 Crore
|
` 2000.00 Crore
|
` 2000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 2000.00 Crore
|
` 2000.00 Crore
|
` 2000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
95
` 4576.00 Crore
|
127
` 6132.81 Crore
|
75
` 4916.00 Crore
|
IV.
|
Cut-off price
|
` 97.42
(YTM is 7.8653%)
|
` 100.26
(YTM is 8.0434%)
|
` 98.45
(YTM is 8.4431%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
45
` 1993.65 Crore
|
28
` 1984.9250 Crore
|
20
` 1989.2860 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
48.77
(4 Bids)
|
99.17
(2 Bids)
|
74.21
(4 Bids)
|
VII.
|
Weighted Average Price
|
` 97.42
|
` 100.26
|
` 98.45
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
3
` 6.35 Crore
|
7
` 15.0750 Crore
|
7
` 10.7140 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
3
` 6.35 Crore
100 (3 Bids)
|
7
` 15.0750 Crore
100 (7 Bids)
|
7
` 10.7140 Crore
100 (7 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 2000.00 Crore
|
` 2000.00 Crore
|
` 2000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Nil
|
Sabeeta Badkar
Assistant Manager
Press Release: 2010-2011/893
|