Results of Auctions of 10-year State Development Loans, 2020 of Ten State Governments

By RBI
Tuesday, February 15, 2011

The Results of the auctions of 10-year State Development Loans, 2020 for Ten State Governments held on February 15, 2010.

Table                                                     (` in crore)            

 

Andhra Pradesh

Gujarat

Haryana

Himachal Pradesh

Jammu and Kashmir

Kerala

Notified Amount

1,450.000

1,000.000

600.000

180.000

500.000

1,000.000

Underwriting Notified Amount

Nil

Nil

Nil

Nil

Nil

Nil

Competitive Bids Received
 (i) No.
(ii) Amount

139
2,489.350

120
2,092.300

49
808.000

31
554.000

41
1,074.200

120
2,214.000

Cut-off Yield

8.51%

8.51%

8.52%

8.52%

8.55%

8.51%

Competitive Bids Accepted
 (i) No.
(ii) Amount

80
1,386.550

68
963.400

31
588.000

17
178.000

31
743.000

67
989.300

Partial Allotment Percentage of Competitive Bids
(i) Percentage
(ii) No.

 

91.56
19

 

8.04
17

 

84.44
7

 

26.67
5

 

31.65
9

 

8.92
21

Non-Competitive Bids Received
 (i) No.
(ii) Amount

13
63.450

11
36.600

2
12.000

1
2.000

2
7.000

3
10.700

Non-Competitive Bids Accepted
 (i) No.
(ii) Amount

13
63.450

11
36.600

2
12.000

1
2.000

2
7.000

3
10.700

Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage
(ii) No.

 

100.00
13

 

100.00
11

 

100.00
2

 

100.00
1

 

100.00
2

 

100.00
3

Weighted Average Yield (%)

8.4920

8.4886

8.4972

8.5035

8.5287

8.4898

Total Amount Accepted

1,450.000

1,000.000

600.000

180.000

750.000

1,000.000

Table continued                                               (` in crore)            

 

Maharastra

Punjab

Rajasthan

Tamilnadu

Total

Notified Amount

800.000

378.000

880.000

300.000

7,088.000

Underwriting Notified Amount

Nil

Nil

Nil

Nil

Nil

Competitive Bids Received
 (i) No.
(ii) Amount

93
1,818.000

34
574.000

71
1,422.000

50
733.150

 

13,799.000

Cut-off Yield

8.51%

8.52%

8.52%

8.50%

 

Competitive Bids Accepted
 (i) No.
(ii) Amount

48
938.000

24
365.700

48
862.000

24
294.450

 

7,308.400

Partial Allotment Percentage of Competitive Bids
(i) Percentage
(ii) No.

 

NIL
NIL

 

34.53
6

 

72.06
13

 

76.80
11

 

Non-Competitive Bids Received
 (i) No.
(ii) Amount

9
32.733

3
12.300

3
18.000

4
5.550

 

200.333

Non-Competitive Bids Accepted
 (i) No.
(ii) Amount

9
32.733

3
12.300

3
18.000

4
5.550

200.333

Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage
(ii) No.

 

100.00
9

 

100.00
3

 

100.00
3

 

100.00
4

 

Weighted Average Yield (%)

8.4912

8.4969

8.5021

8.4931

 

Total Amount Accepted

970.733

378.000

880.000

300.000

7,508.733

Governments of Jammu & Kashmir and Maharastra exercised the green shoe option and accepted ` 250 crore (Nominal) and ` 170.733 crore (Nominal) respectively over and above the notified amount.

Ajit Prasad
Assistant General Manager

Press Release : 2010-2011/1180

Filed under: Finance

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