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Government Stock - Auction Results

Government Stock - Auction Results

January 07, 2011 / 17:08 IST

The results of the auctions of 7.49% Government Stock, 2017 (Re-issue), 7.80% Government Stock, 2020 (Re-issue) and 8.26% Government Stock, 2027 (Re-issue) held on January 7, 2011 are :

Auction Results

7.49% Government Stock, 2017

7.80% Government Stock, 2020

8.26% Government Stock, 2027

I.

Notified Amount

` 4000.00 Crore

` 4000.00 Crore

` 3000.00 Crore

II.

Underwriting Notified Amount

` 4000.00 Crore

` 4000.00 Crore

` 3000.00 Crore

III.

 

Competitive Bids Received (i)  Number (ii) Amount

115 ` 6848.50 Crore

104` 6853.70 Crore

132` 6235.07 Crore

IV.

Cut-off price

` 97.25 (YTM is 8.0536%)

` 97.48 (YTM is 8.1891%)

` 98.10 (YTM is 8.4745%)

V.

Competitive Bids Accepted (i)  Number (ii) Amount

68` 3271.00 Crore

33` 2501.70 Crore

56` 2945.11 Crore

VI.

Partial Allotment Percentage of Competitive Bids

Nil

Nil

31.02 (9 Bids)

VII.

Weighted Average Price

` 97.25

` 97.48

` 98.10

VIII.

Non Competitive Bids  Received (i)  Number (ii) Amount

2` 5.50 Crore

6` 12.20 Crore

11` 54.89 Crore

IX.

Non- Competitive Bids Accepted (i)   Number (ii)  Amount (iii) Partial Allotment Percentage

2` 5.50 Crore 100 (2 Bids)

6` 12.20 Crore 100 (6 Bids)

11` 54.89 Crore 100 (11 Bids)

X.

Amount of Underwriting accepted from primary dealers

` 4000.00 Crore

` 4000.00 Crore

` 3000.00 Crore

XI.

Devolvement on Primary Dealers

` 723.50 Crore

` 1486.10 Crore

Nil

 R. R. Sinha Deputy General Manager

Press Release: 2010-2011/974

first published: Jan 7, 2011 05:08 pm

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