The results of the auctions of 8.07% Government Stock, 2017 (Re-issue), 8.13% Government Stock, 2022 (Re-issue) and 8.28% Government Stock, 2027 (Re-issue) held on August 5, 2011 are :
Auction Results
|
8.07% Government Stock, 2017
|
8.13% 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
|
101
` 9141.40 Crore
|
166
`13881.55 Crore
|
100
` 8629.35 Crore
|
IV.
|
Cut-off price
|
` 99.00
(YTM is 8.3002%)
|
` 98.12
(YTM is 8.3912%)
|
` 97.21
(YTM is 8.6013%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
30
` 3993.20 Crore
|
40
` 4985.33 Crore
|
40
` 2989.30 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
48.94
(4 Bids)
|
65.72
(3 Bids)
|
70.49
(2 Bids)
|
VII.
|
Weighted Average Price
|
` 99.00
|
` 98.12
|
` 97.21
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
4
` 6.80 Crore
|
6
` 14.67 Crore
|
6
` 10.70 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
4
` 6.80 Crore
100 (4 Bids)
|
6
` 14.67 Crore
100 (6 Bids)
|
6
` 10.70 Crore
100 (6 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
|
Ajit Prasad
Assistant General Manager
Press Release: 2011-2012/196
|