The results of the auctions of 7.59% Government Stock, 2016 (Re-issue), 8.08% Government Stock, 2022 (Re-issue) and 8.28% Government Stock, 2032 (Re-issue) held on June 24, 2011 are :
Auction Results
|
7.59% Government Stock, 2016
|
8.08% Government Stock, 2022
|
8.28%Government
Stock, 2032
|
I.
|
Notified Amount
|
` 3000.00 Crore
|
` 6000.00 Crore
|
` 3000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 3000.00 Crore
|
` 6000.00 Crore
|
` 3000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
126
` 6366.18 Crore
|
26
`14542.1500 Crore
|
91
` 7421.53 Crore
|
IV.
|
Cut-off price
|
` 97.06
(YTM is 8.3420%)
|
` 98.06
(YTM is 8.3497%)
|
` 96.92
(YTM is 8.5997%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
73
` 2987.46 Crore
|
59
` 5983.72 Crore
|
61
` 2989.47 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
3.25
(2 Bids)
|
71.20
(9 Bids)
|
83.88
(1 Bid)
|
VII.
|
Weighted Average Price
|
` 97.06
|
` 98.06
|
` 96.92
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
5
` 12.54 Crore
|
6
` 16.28 Crore
|
6
` 10.53 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
5
` 12.54 Crore
100 (5 Bids)
|
6
` 16.28 Crore
100 (6 Bids)
|
6
` 10.53 Crore
100 (6 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 3000.00 Crore
|
` 6000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Nil
|
Ajit Prasad
Assistant General Manager
Press Release: 2010-2011/1874
|