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
|