The results of the auctions of 7.83% Government Stock, 2018 (Re-issue), 8.79% Government Stock, 2021 (Re-issue) and 8.28% Government Stock, 2027 (Re-issue) held on November 18, 2011 are :
Auction Results
|
7.83% Government Stock, 2018
|
8.79% Government Stock, 2021
|
8.28%
Government
Stock, 2027
|
I.
|
Notified Amount
|
` 4000.00 Crore
|
` 6000.00 Crore
|
` 3000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 4000.00 Crore
|
` 6000.00 Crore
|
` 3000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
152
` 7843.90 Crore
|
194
`9229.68 Crore
|
133
` 6004.70 Crore
|
IV.
|
Cut-off price
|
` 94.93
(YTM is 8.8840%)
|
` 99.70
(YTM is 8.8349%)
|
` 92.95
(YTM is 9.1280%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
83
` 3991.48 Crore
|
141
` 4838.68 Crore
|
83
` 2983.44 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
27.15
(6 Bids)
|
Nil
|
87.90
(3 Bids)
|
VII.
|
Weighted Average Price
|
` 94.93
|
` 99.70
|
` 92.95
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
5
` 8.52 Crore
|
6
` 10.85 Crore
|
6
` 16.56 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
5
` 8.52 Crore
100 (5 Bids)
|
6
` 10.85 Crore
100 (6 Bids)
|
6
` 16.56 Crore
100 (6 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 4000.00 Crore
|
` 6000.00 Crore
|
` 3000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
` 1150.47 Crore
|
Nil
|
sAjit Prasad
Assistant General Manager
Press Release: 2011-2012/787
|