The results of the auctions of 7.83% Government Stock, 2018 (Re-issue) and 8.79% Government Stock, 2021 (Re-issue) held on December 2, 2011 are :
Auction Results
|
7.83% Government Stock, 2018
|
8.79% Government
Stock, 2021
|
I.
|
Notified Amount
|
` 4000.00 Crore
|
` 6000.00 Crore
|
II.
|
Underwriting Notified Amount
|
` 4000.00 Crore
|
` 6000.00 Crore
|
III.
|
Competitive Bids Received
(i) Number
(ii) Amount
|
124
`7409.83 Crore
|
236
` 12053.82 Crore
|
IV.
|
Cut-off price
|
` 95.94
(YTM is 8.6713%)
|
` 100.49
(YTM is 8.7134%)
|
V.
|
Competitive Bids Accepted
(i) Number
(ii) Amount
|
83
` 3993.80 Crore
|
116
` 5985.35 Crore
|
VI.
|
Partial Allotment Percentage of Competitive Bids
|
6.28
(3 Bids)
|
20.96
(2 Bids)
|
VII.
|
Weighted Average Price
|
` 95.94
|
` 100.49
|
VIII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount
|
4
` 6.20 Crore
|
7
` 14.65 Crore
|
IX.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
|
4
` 6.20 Crore
100 (4 Bids)
|
7
` 14.65 Crore
100 (7 Bids)
|
X.
|
Amount of Underwriting accepted from primary dealers
|
` 4000.00 Crore
|
` 6000.00 Crore
|
XI.
|
Devolvement on Primary Dealers
|
Nil
|
Nil
|