Results of Auctions of 10-year State Development Loans, 2021 of Two State Governments

By RBI
Monday, August 29, 2011

The Results of the auctions of 10-year State Development Loans, 2021 for two State Governments held on August 29, 2011.

Table                                        (` in crore)                           

                               

Punjab

West Bengal

Total

Notified Amount

250.000

1,000.000

1,250.000

Underwriting Notified Amount

Nil

Nil

Nil

Competitive Bids Received
 (i) No.
(ii) Amount

26
640.000

66
2,370.700

3,010.700

Cut-off Yield

8.60%

8.64%

 

Competitive Bids Accepted
 (i) No.
(ii) Amount

4
249.000

29
978.350

1,227.350

Partial Allotment Percentage of Competitive Bids
(i) Percentage
(ii) No.

 

88.93
4

 

38.07
12

 

Non-Competitive Bids Received
 (i) No.
(ii) Amount

1
1.000

2
21.650

22.650

Non-Competitive Bids Accepted
 (i) No.
(ii) Amount

1
1.000

2
21.650

22.650

Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage
(ii) No.

 

100.00
1

 

100.00
2

 

Weighted Average Yield (%)

8.6000

8.6218

 

Total Amount Accepted

250.000

1,000.000

1,250.000

Ajit Prasad
Assistant General Manager

Press Release : 2011-2012/323

Filed under: Finance

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