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
|