The results of the auctions of 7.83% Government Stock, 2018 (Re-issue) and 8.26% Government Stock, 2027 (Re-issue) held on November 4, 2011 are :
Auction Results
|
7.83% Government Stock, 2018
|
8.26% Government
Stock, 2027
|
I.
|
Notified Amount
|
` 4000.00 Crore
|
` 3000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 4000.00 Crore
|
` 3000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
147
` 7253.00 Crore
|
82
` 6080.75 Crore
|
IV.
|
Cut-off price
|
` 95.03
(YTM is 8.8588%)
|
` 93.82
(YTM is 8.9991%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
108
` 3990.45 Crore
|
42
` 2987.38 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
38.28 (2 Bids)
|
80.76 (2 Bids)
|
VII.
|
Weighted Average Price
|
` 95.03
|
` 93.82
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
5
` 9.55 Crore
|
6
` 12.62 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
5
` 9.55 Crore
100 (5 Bids)
|
6
` 12.62 Crore
100 (6 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 4000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|
Ajit Prasad
Assistant General Manager
Press Release: 2011-2012/700
|