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 February 4, 2011 are :
Auction Results
|
7.17% Government Stock, 2015
|
8.13% Government Stock, 2022
|
8.30% Government
Stock, 2040
|
I.
|
Notified Amount
|
` 3000.00 Crore
|
` 4000.00 Crore
|
` 3000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 3000.00 Crore
|
` 4000.00 Crore
|
` 3000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
144
` 9735.3530 Crore
|
174
` 7488.5910 Crore
|
101
` 6026.5800 Crore
|
IV.
|
Cut-off price
|
` 96.40
(YTM is 8.1652%)
|
` 99.21
(YTM is 8.2348%)
|
` 97.01
(YTM is 8.5789%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
65
` 2992.7350 Crore
|
110
` 3967.7550 Crore
|
58
` 2986.0720 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
5.40
(9 Bids)
|
62.12
(3 Bids)
|
44.70
(3 Bids)
|
VII.
|
Weighted Average Price
|
` 96.40
|
` 99.21
|
` 97.01
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
4
` 7.2650 Crore
|
9
` 32.2450 Crore
|
7
` 13.9280 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
4
` 7.2650 Crore
100 (4 Bids)
|
9
` 32.2450 Crore
100 (9 Bids)
|
7
` 13.9280 Crore
100 (7 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 3000.00 Crore
|
` 4000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Nil
|
J. D. Desai
Assistant Manager
Press Release: 2010-2011/1124
|