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The results of the auctions of 7.99% Government Stock, 2017 (Re-issue), 8.08% Government Stock, 2022 (Re-issue) and 8.26% Government Stock, 2027 (Re-issue) held on January 14, 2011 are :
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Auction Results
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7.99%
Government
Stock, 2017
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8.08%
Government
Stock, 2022
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8.26%
Government
Stock, 2027
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I.
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Notified Amount
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` 4000.00 Crore
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` 4000.00 Crore
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` 3000.00 Crore
|
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II.
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Underwriting Notified Amount
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` 4000.00 Crore
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` 4000.00 Crore
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` 3000.00 Crore
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III.
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Competitive Bids Received
(i) Number
(ii) Amount
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106
` 6852.10 Crore
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138
` 6765.76 Crore
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144
` 6976.1110 Crore
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IV.
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Cut-off price
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` 99.01
(YTM is 8.1892%)
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` 98.75
(YTM is 8.2497%)
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` 97.70
(YTM is 8.5216%)
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V.
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Competitive Bids Accepted
(i) Number
(ii) Amount
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76
` 3997.35 Crore
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95
` 3990.92 Crore
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64
` 2958.3240 Crore
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VI.
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Partial Allotment Percentage of Competitive Bids
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67.50
(2 Bids)
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63.33
(3 Bids)
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17.70
(6 Bids)
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VII.
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Weighted Average Price
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` 99.01
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` 98.75
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` 97.70
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VIII.
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Non Competitive Bids Received
(i) Number
(ii) Amount
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3
` 2.65 Crore
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8
` 9.08 Crore
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8
` 41.6760 Crore
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IX.
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Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
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3
` 2.65 Crore
100 (3 Bids)
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8
` 9.08 Crore
100 (8 Bids)
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8
` 41.6760 Crore
100 (8 Bids)
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X.
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Amount of Underwriting accepted from primary dealers
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` 4000.00 Crore
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` 4000.00 Crore
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` 3000.00 Crore
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XI.
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Devolvement on Primary Dealers
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Nil
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Nil
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Nil
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J. D. Desai
Assistant Manager
Press Release: 2010-2011/1046
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