The results of the auctions of 7.83% Government Stock, 2018 (Re-issue), 7.80% Government Stock, 2021 (Re-issue) and 8.28% Government Stock, 2027 (Re-issue) held on August 26, 2011 are :
Auction Results
|
7.83% Government Stock, 2018
|
7.80% Government Stock, 2021
|
8.28% Government
Stock, 2027
|
I.
|
Notified Amount
|
` 3000.00 Crore
|
` 6000.00 Crore
|
` 2000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 3000.00 Crore
|
` 6000.00 Crore
|
` 2000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
135
` 5451.50 Crore
|
228
`12174.75 Crore
|
112
` 5837.30 Crore
|
IV.
|
Cut-off price
|
` 97.41
(YTM is 8.3444%)
|
` 96.70
(YTM is 8.3027%)
|
` 97.36
(YTM is 8.5849%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
96
` 2990.90 Crore
|
124
` 5986.50 Crore
|
66
` 1990.0750 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
99.16
(4 Bids)
|
27.03
(10 Bids)
|
9.55
(11 Bids)
|
VII.
|
Weighted Average Price
|
` 97.41
|
` 96.70
|
` 97.36
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
4
` 9.10 Crore
|
6
` 13.50 Crore
|
8
` 9.9250 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
4
` 9.10 Crore
100 (4 Bids)
|
6
` 13.50 Crore
100 (6 Bids)
|
8
` 9.9250 Crore
100 (8 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 3000.00 Crore
|
` 6000.00 Crore
|
` 2000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Nil
|
J.D. Desai
Assistant Manager
Press Release: 2011-2012/307
|