The results of the auctions of 7.49% Government Stock, 2017 (Re-issue), 8.08% Government Stock, 2022 (Re-issue) and 8.26% Government Stock, 2027 (Re-issue) held on February 11, 2011 are :
Auction Results
|
7.49% Government Stock, 2017
|
8.08% Government Stock, 2022
|
8.26% Government
Stock, 2027
|
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
|
123
` 8215.00 Crore
|
150
` 7629.50 Crore
|
132
` 5913.3970 Crore
|
IV.
|
Cut-off price
|
` 96.83
(YTM is 8.1502%)
|
` 98.76
(YTM is 8.2486%)
|
` 97.55
(YTM is 8.5392%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
30
` 2992.1670 Crore
|
95
` 3980.98 Crore
|
96
` 2949.1970 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
38.50
(4 Bids)
|
92.17
(9 Bids)
|
20.99
(5 Bids)
|
VII.
|
Weighted Average Price
|
` 96.83
|
` 98.76
|
` 97.55
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
6
` 7.8330 Crore
|
7
` 19.02 Crore
|
9
` 50.8030 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
6
` 7.8330 Crore
100 (6 Bids)
|
7
` 19.02 Crore
100 (7 Bids)
|
9
` 50.8030 Crore
100 (9 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
|
Ajit Prasad
Assistant General Manager
Press Release : 2010-2011/1159
|