The results of the auctions of 8.07% Government Stock, 2017 (Re-issue), 7.80% Government Stock, 2021 (Re-issue) and 8.28% Government Stock, 2027 (Re-issue) held on September 9, 2011 are :
Auction Results
|
8.07% Government Stock, 2017
|
7.80% Government Stock, 2021
|
8.28%
Government
Stock, 2027
|
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
|
124
` 5229.6370 Crore
|
228
`11602.39 Crore
|
139
` 8945.85 Crore
|
IV.
|
Cut-off price
|
` 98.87
(YTM is 8.3322%)
|
` 96.71
(YTM is 8.3030%)
|
` 97.49
(YTM is 8.5705%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
69
` 2991.45 Crore
|
99
` 4988.50 Crore
|
56
` 2983.98 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
27.03
(2 Bids)
|
13.11
(6 Bids)
|
90.12
(5 Bids)
|
VII.
|
Weighted Average Price
|
` 98.87
|
` 96.71
|
` 97.49
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
3
` 8.55 Crore
|
3
` 11.50 Crore
|
8
` 16.02 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
3
` 8.55 Crore
100 (3 Bids)
|
3
` 11.50 Crore
100 (3 Bids)
|
8
` 16.02 Crore
100 (8 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 3000.00 Crore
|
` 5000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Nil
|
Ajit Prasad
Assistant General Manager
Press Release: 2011-2012/387
|