The results of the auctions of 8.07% Government Stock, 2017 (Re-issue), 8.08% Government Stock, 2022 (Re-issue) and 8.28% Government Stock, 2027 (Re-issue) held on July 22, 2011 are :
Auction Results
|
8.07% Government Stock, 2017
|
8.08% Government Stock, 2022
|
8.28%
Government
Stock, 2027
|
I.
|
Notified Amount
|
` 4000.00 Crore
|
` 5000.00 Crore
|
` 3000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 4000.00 Crore
|
` 5000.00 Crore
|
` 3000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
112
` 8539.0750 Crore
|
224
`10066.67 Crore
|
93
` 7360.0790 Crore
|
IV.
|
Cut-off price
|
` 98.87
(YTM is 8.3303%)
|
` 97.46
(YTM is 8.4381%)
|
` 97.05
(YTM is 8.6195%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
58
` 3985.80 Crore
|
147
` 4982.8250 Crore
|
58
` 2986.26 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
59.62
(5 Bids)
|
47.54
(7 Bids)
|
10.46
(2 Bids)
|
VII.
|
Weighted Average Price
|
` 98.87
|
` 97.46
|
` 97.05
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
5
` 14.20 Crore
|
8
` 17.1750 Crore
|
8
` 13.74 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
5
` 14.20 Crore
100 (5 Bids)
|
8
` 17.1750 Crore
100 (8 Bids)
|
8
` 13.74 Crore
100 (8 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 4000.00 Crore
|
` 5000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Nil
|
R.R. Sinha
Deputy General Manager
Press Release: 2011-2012/121
|