The results of the auctions of 6.18% Government Stock, 2024 (Re-Issue), 7.57% Government Stock, 2033 (Re-Issue) and 7.16% Government Stock, 2050 (Re-Issue) held on May 15, 2020 are: | Auction Results | 6.18% Government Stock, 2024 | 7.57% Government Stock, 2033 | 7.16% Government Stock, 2050 | | I. | Notified Amount | ₹ 12,000.00 Crore | ₹ 11,000.00 Crore | ₹ 7,000.00 Crore | | II. | Underwriting Notified Amount | ₹ 12,000.00 Crore | ₹ 11,000.00 Crore | ₹ 7,000.00 Crore | | III. | Competitive Bids Received | | | | | (i) Number | 223 | 308 | 276 | | (ii) Amount | ₹ 33,599.500 crore | ₹ 36,718.500 crore | ₹ 22,611.000 crore | | IV. | Cut-off price / Yield | 103.85
(YTM: 5.2012%) | 109.68
(YTM: 6.4615%) | 104.22
(YTM: 6.8281%) | | V. | Competitive Bids Accepted | | | | | (i) Number | 80 | 79 | 6 | | (ii) Amount | ₹ 13,949.812 Crore | ₹ 12,947.731 crore | ₹ 6,976.220 crore | | VI. | Partial Allotment Percentage of Competitive Bids | 90.83%
(8 Bids) | 96.21%
(6 Bids) | 91.71%
(1 Bid) | | VII. | Weighted Average Price/Yield | ₹ 103.92
(WAY : 5.1838%) | ₹ 109.75
(WAY : 6.4540%) | ₹ 104.30
(WAY : 6.8220%) | | VIII. | Non-Competitive Bids Received | | | | | (i) Number | 8 | 8 | 9 | | (ii) Amount | ₹ 50.188 Crore | ₹ 52.269 Crore | ₹ 23.780 Crore | | IX. | Non-Competitive Bids Accepted | | | | | (i) Number | 8 | 8 | 9 | | (ii) Amount | ₹ 50.188 Crore | ₹ 52.269 Crore | ₹ 23.780 Crore | | (iii) Partial Allotment Percentage | 100% (0 Bid) | 100% (0 Bid) | 100% (0 Bid) | | X. | Amount of Underwriting accepted from primary dealers | ₹ 12,000.00 Crore | ₹ 11,000.00 Crore | ₹ 7,000.00 Crore | | XI. | Devolvement on Primary Dealers | 0.00 | 0.00 | 0.00 | | *Green shoe option of ₹2000 cr. each has been exercised in 6.18% GS 2024 and 7.57% GS 2033. | Ajit Prasad
Director Press Release : 2019-2020/2365 | |