The results of the auctions of 7.17% Government Stock, 2015 (Re-issue), 8.13% Government Stock, 2022 (Re-issue) and 8.30% Government Stock, 2040 (Re-issue) held on January 14, 2011 are :
Auction Results
|
7.17% Government Stock, 2015
|
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
|
113
` 7920.87 Crore
|
142
` 8370.50 Crore
|
108
` 6533.2910 Crore
|
IV.
|
Cut-off price
|
` 96.56
(YTM is 8.1108%)
|
` 99.66
(YTM is 8.1732%)
|
` 97.54
(YTM is 8.5288%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
70
` 3994.7940 Crore
|
64
` 3986.2090 Crore
|
49
` 2986.97 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
12.36
(5 Bids)
|
48.67
(4 Bids)
|
28.17
(1 Bid)
|
VII.
|
Weighted Average Price
|
` 96.56
|
` 99.66
|
` 97.54
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
3
` 5.2060 Crore
|
6
` 13.7910 Crore
|
8
` 13.03 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
3
` 5.2060 Crore
100 (3 Bids)
|
6
` 13.7910 Crore
100 (6 Bids)
|
8
` 13.03 Crore
100 (8 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
|
J. D. Desai
Assistant Manager
Press Release: 2010-2011/1009
|