The results of the auctions of 7.99% Government Stock, 2017 (Re-issue), 8.13% Government Stock, 2022 (Re-issue), 8.28% Government Stock, 2027 (Re-issue) and 8.30 Government Stock, 2040 (Re-issue) held on October 28, 2011 are :
Auction Results
|
7.99% Government Stock, 2017
|
8.13% Government Stock, 2022
|
8.28% Government Stock, 2027
|
8.30% Government Stock, 2040
|
I.
|
Notified Amount
|
` 4000.00 Crore
|
` 6000.00 Crore
|
` 2000.00 Crore
|
` 3000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 4000.00 Crore
|
` 6000.00 Crore
|
` 2000.00 Crore
|
` 3000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
116
` 7131.50 Crore
|
206
` 10564.27 Crore
|
96
` 5823.95 Crore
|
89
` 7509.2530 Crore
|
IV.
|
Cut-off price
|
` 95.90
(YTM is 8.9195%)
|
` 94.35
(YTM is 8.9505%)
|
` 94.12
(YTM is 8.9799%)
|
` 93.03
(YTM is 8.9787%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
74
` 3837.50 Crore
|
149
` 5994.50 Crore
|
33
` 1992.9250 Crore
|
14
` 2998.50 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
Nil
Nil
|
52.42
(8 Bids)
|
92.95
(4 Bids)
|
96.28
(1 Bid)
|
VII.
|
Weighted Average Price
|
` 95.90
|
` 94.35
|
` 94.12
|
` 93.03
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
6
` 13.25 Crore
|
3
` 5.50 Crore
|
5
` 7.0750 Crore
|
2
` 1.50 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
6
` 13.25 Crore
100 (6 Bids)
|
3
` 5.50 Crore
100 (3 Bids)
|
5
` 7.0750 Crore
100 (5 Bids)
|
2
` 1.50 Crore
100 (2 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 4000.00 Crore
|
` 6000.00 Crore
|
` 2000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
` 149.25 Crore
|
Nil
|
Nil
|
Nil
|
Ajit Prasad
Assistant General Manager
Press Release: 2011-2012/660
|