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The results of the auctions of 7.99% Government Stock, 2017 (Re-issue), GOI FRB 2020 (Re-issue) and 9.15% Government Stock, 2024 (Re-issue) held on December 9, 2011 are :
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Auction Results
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7.99% Government Stock, 2017
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GOI FRB 2020
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9.15% Government
Stock, 2024
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I.
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Notified Amount
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`2000.00 Crore
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` 2000.00 Crore
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` 6000.00 Crore
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II.
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Underwriting Notified Amount
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` 2000.00 Crore
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` 2000.00 Crore
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` 6000.00 Crore
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III.
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Competitive Bids Received
(i) Number
(ii) Amount
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105
` 5255.4350 Crore
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61
`5689.00 Crore
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230
` 13584.66 Crore
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IV.
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Cut-off price
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` 97.97
(YTM is 8.4517%)
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` 92.75
(YTM is 9.9950%)
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` 103.80
(YTM is 8.6541%)
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V.
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Competitive Bids Accepted
(i) Number
(ii) Amount
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36
` 1995.00 Crore
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7
` 1600.00 Crore
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103
` 5989.7450 Crore
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VI.
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Partial Allotment Percentage of Competitive Bids
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94.49
(4 Bids)
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Nil
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27.96
(16 Bids)
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VII.
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Weighted Average Price
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` 97.97
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` 92.75
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` 103.80
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VIII.
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Non Competitive Bids Received
(i) Number
(ii) Amount
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5
` 5.00 Crore
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Nil
Nil
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9
` 10.2550 Crore
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IX.
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Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage
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5
` 5.00 Crore
100 (5 Bids)
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Nil
Nil
Nil
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9
` 10.2550 Crore
100 (9 Bids)
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X.
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Amount of Underwriting accepted from primary dealers
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` 2000.00 Crore
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` 2000.00 Crore
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` 6000.00 Crore
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XI.
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Devolvement on Primary Dealers
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Nil
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` 400.00 Crore
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Nil
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Subhash Desai
Assistant Manager
Press Release: 2011-2012/910
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