Government Stock - Auction Results

By RBI
Friday, September 2, 2011

The results of the auctions of 7.99% Government Stock, 2017 (Re-issue), 8.13% Government Stock, 2022 (Re-issue) and 8.30% Government Stock, 2040 (Re-issue) held on September 2, 2011 are :

Auction Results

7.99% Government Stock, 2017

8.13% Government Stock, 2022

8.30%
Government
Stock, 2040

I.

Notified Amount

` 3000.00 Crore

` 5000.00 Crore

` 3000.00 Crore

II.

Underwriting Notified Amount

` 3000.00 Crore

` 5000.00 Crore

` 3000.00 Crore

III.

Competitive Bids Received
(i)  Number
(ii) Amount

99
` 5904.75 Crore

192
`10372.50 Crore

79
` 6500.50 Crore

IV.

Cut-off price

` 98.15
(YTM is 8.3931%)

` 97.66
(YTM is 8.4592%)

` 96.09
(YTM is 8.6692%)

V.

Competitive Bids Accepted
(i)  Number
(ii) Amoun

51
` 2270.75 Crore

91
` 4990.92 Crore

43
` 2994.50 Crore

VI.

Partial Allotment Percentage of Competitive Bids

Nil

44.02
(9 Bids)

41.30
(1 Bid)

VII.

Weighted Average Price

` 98.15

` 97.66

` 96.09

VIII.

Non Competitive Bids  Received
(i)  Number
(ii) Amount

2
` 4.00 Crore

6
` 9.08 Crore

4
` 5.50 Crore

IX.

Non- Competitive Bids Accepted
(i)   Number
(ii)  Amount
(iii) Partial Allotment Percentage

2
` 4.00 Crore
100 (2 Bids)

6
` 9.08 Crore
100 (6 Bids)

4
` 5.50 Crore
100 (4 Bids)

X.

Amount of Underwriting accepted from primary dealers


`
3000.00 Crore


`
5000.00 Crore


`
3000.00 Crore

XI.

Devolvement on Primary Dealers

` 725.25 Crore

Nil

Nil

Ajit Prasad
Assistant General Manager

Press Release: 2011-2012/343

Filed under: Finance

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