Government Stock - Auction Results

By RBI
Friday, January 7, 2011

The results of the auctions of 7.49% Government Stock, 2017 (Re-issue), 7.80% Government Stock, 2020 (Re-issue) and 8.26% Government Stock, 2027 (Re-issue) held on January 7, 2011 are :

Auction Results

7.49% Government Stock, 2017

7.80% Government Stock, 2020

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

115
` 6848.50 Crore

104
` 6853.70 Crore

132
` 6235.07 Crore

IV.

Cut-off price

` 97.25
(YTM is 8.0536%)

` 97.48
(YTM is 8.1891%)

` 98.10
(YTM is 8.4745%)

V.

Competitive Bids Accepted
(i)  Number
(ii) Amount

68
` 3271.00 Crore

33
` 2501.70 Crore

56
` 2945.11 Crore

VI.

Partial Allotment Percentage of Competitive Bids

Nil

Nil

31.02
(9 Bids)

VII.

Weighted Average Price

` 97.25

` 97.48

` 98.10

VIII.

Non Competitive Bids  Received
(i)  Number
(ii) Amount

2
` 5.50 Crore

6
` 12.20 Crore

11
` 54.89 Crore

IX.

Non- Competitive Bids Accepted
(i)   Number
(ii)  Amount
(iii) Partial Allotment Percentage

2
` 5.50 Crore
100 (2 Bids)

6
` 12.20 Crore
100 (6 Bids)

11
` 54.89 Crore
100 (11 Bids)

X.

Amount of Underwriting accepted from primary dealers

` 4000.00 Crore

` 4000.00 Crore

` 3000.00 Crore

XI.

Devolvement on Primary Dealers

` 723.50 Crore

` 1486.10 Crore

Nil

 R. R. Sinha
Deputy General Manager

Press Release: 2010-2011/974

Filed under: Finance

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