The results of the auctions of 7.83% Government Stock, 2018 (Re-issue), 8.79% Government Stock, 2021 (Re-issue) and 8.97% Government Stock, 2030 (Re-issue) held on December 23, 2011 are :
Auction Results | 7.83% Government Stock, 2018 | 8.79% Government Stock, 2021 | 8.97% Government
Stock, 2030 |
I. | Notified Amount | ` 4000.00 Crore | ` 5000.00 Crore | ` 3000.00 Crore |
II. | Underwriting Notified Amount | ` 4000.00 Crore | ` 5000.00 Crore | ` 3000.00 Crore |
III. | Competitive Bids Received
(i) Number
(ii) Amount |
140
` 7876.3050 Crore
|
225
`10465.30 Crore
|
110
` 6240.75 Crore
|
IV. | Cut-off price | ` 97.09
(YTM is 8.4314%) | ` 102.60
(YTM is 8.3946%) | ` 102.90
(YTM is 8.6548%) |
V. | Competitive Bids Accepted
(i) Number
(ii) Amount |
91
` 3993.50 Crore
|
119
` 4992.15 Crore
|
61
` 2991.1950 Crore
|
VI. | Partial Allotment Percentage of Competitive Bids | 70.39
(1 Bid) | 14.19
(7 Bids) | 44.95
(2 Bids) |
VII. | Weighted Average Price | ` 97.09 | ` 102.60 | ` 102.90 |
VIII. | Non Competitive Bids Received
(i) Number
(ii) Amount |
4
` 6.50 Crore
|
4
` 7.85 Crore
|
7
` 8.8050 Crore
|
IX. | Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage |
4
` 6.50 Crore
100 (4 Bids)
|
4
` 7.85 Crore
100 (4 Bids)
|
7
` 8.8050Crore
100 (7 Bids)
|
X. | Amount of Underwriting accepted from primary dealers |
` 4000.00 Crore
|
` 5000.00 Crore
|
` 3000.00 Crore
|
XI. | Devolvement on Primary Dealers | Nil | Nil | Nil |
