The results of the auctions of 7.99% Government Stock, 2017 (Re-issue) and 8.30% Government Stock, 2040 (Re-issue) held on November 11, 2011 are :
Auction Results
|
7.99% Government Stock, 2017
|
8.30%
Government
Stock, 2040
|
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
|
117
` 5985.20 Crore
|
74
` 5498.62 Crore
|
IV.
|
Cut-off price
|
Nil
|
` 90.45
(YTM is 9.2535%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
Nil
Nil
|
30
` 1988.62 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
Nil
|
Nil
|
VII.
|
Weighted Average Price
|
-
|
` 90.45
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
5
` 7.13 Crore
|
6
` 155.1270Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
Nil
Nil
Nil
|
6
` 150.00 Crore
96 69 (6 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
Nil
|
` 3000.00 Crore
XI.
|
Devolvement on Primary Dealers
|
Nil
|
` 861.38 Crore
|
Ajit Prasad
Assistant General Manager
Press Release: 2011-2012/739
|