The results of the auctions of 7.83% Government Stock, 2018 (Re-issue), 7.80% Government Stock, 2021 (Re-issue), 8.26% Government Stock, 2027 and 8.30% Government Stock, 2040 (Re-issue) held on July 1, 2011 are :
Auction Results
|
7.83% Government Stock, 2018
|
7.80% Government Stock, 2021
|
8.26%
Government
Stock, 2027
|
8.30%
Government
Stock, 2040
|
I.
|
Notified Amount
|
` 3000.00 Crore
|
` 6000.00 Crore
|
` 3000.00 Crore
|
` 3000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 3000.00 Crore
|
` 6000.00 Crore
|
` 3000.00 Crore
|
` 3000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
159
` 6592.70 Crore
|
256
`12629.00 Crore
|
142
` 6680.46 Crore
|
85
` 7261.2950 Crore
|
IV.
|
Cut-off price
|
` 97.14
(YTM is 8.3884%)
|
` 96.31
(YTM is 8.3571%)
|
` 96.75
(YTM is 8.6363%)
|
` 96.20
(YTM is 8.6598%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
71
` 2987.07 Crore
|
129
` 5989.45 Crore
|
95
` 2970.91 Crore
|
31
` 2994.40 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
96.81
(5 Bids)
|
45.52
(10 Bids)
|
24.05
(2 Bids)
|
88.35
(3 Bids)
|
VII.
|
Weighted Average Price
|
` 97.14
|
` 96.31
|
` 96.75
|
` 96.20
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
8
` 12.93 Crore
|
3
` 10.55 Crore
|
9
` 29.09 Crore
|
4
` 5.60 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
8
` 12.93 Crore
100 (8 Bids)
|
3
` 10.55 Crore
100 (3 Bids)
|
9
` 29.09 Crore
100 (9 Bids)
|
4
` 5.60 Crore
100 (4 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 3000.00 Crore
|
` 6000.00 Crore
|
` 3000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Nil
|
Nil
|
Ajit Prasad
Assistant General Manager
Press Release: 2011-2012/5
|