Government Stock - Auction Results

By RBI
Friday, October 28, 2011

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

Filed under: Finance

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