Annual Report


Note : To read the chapter of your choice, please click on the links below. You can also read past reports by accessing the archives in the right panel.
Document - Market Borrowings of the State Governments/U.T. Raised Through Auctions () or PDF - Market Borrowings of the State Governments/U.T. Raised Through Auctions ()
Date : Aug 27, 2009
Market Borrowings of the State Governments/U.T. Raised Through Auctions

(Amount in Rupees crore)

Sr. No.

Date of Auction

State/U.T.

Notified Amount

Amount Accepted

Market Rate(%)*

No. of
Bids
Received

Amount Offered

Weighted Average Rate (%)

Cut Off Rate(%)

Spread
(Percentage
Points)

1

2

3

4

5

6

7

8

9

10

11 (=10-6)

 

2008-09

 

 

 

 

 

 

 

 

 

1

22-Apr-2008

Kerala

385

385

8.15

112

2,499

8.45

8.5

0.35

2

22-Apr-2008

Nagaland

160

160

8.15

17

570

8.49

8.58

0.43

3

22-Apr-2008

Uttarakhand

250

250

8.15

60

1,567

8.45

8.5

0.35

4

22-Apr-2008

West Bengal

1,853

1,853

8.15

182

8,393

8.53

8.6

0.45

5

27-May-2008

Jammu & Kashmir

564

564

8.09

52

960

8.64

8.68

0.59

6

27-May-2008

Kerala

500

500

8.09

90

1,809

8.46

8.5

0.41

7

27-May-2008

Uttar Pradesh

1,000

1,000

8.09

96

3,568

8.49

8.51

0.42

8

27-May-2008

Uttarakhand

200

200

8.09

45

1,097

8.39

8.39

0.30

9

27-May-2008

West Bengal

1,000

1,000

8.09

132

4,192

8.49

8.52

0.43

10

27-Jun-2008

Andhra Pradesh

500

500

8.61

81

1,246

9.28

9.4

0.79

11

27-Jun-2008

Uttar Pradesh

1,000

1,000

8.61

76

1,822

9.47

9.59

0.98

12

27-Jun-2008

West Bengal

800

800

8.61

120

2,411

9.21

9.38

0.77

13

10-Jul-2008

Punjab

500

500

9.32

82

1,422

9.73

9.81

0.49

14

31-Jul-2008

Andhra Pradesh

1,000

1,000

9.38

134

3,163

9.85

9.89

0.51

15

31-Jul-2008

Kerala

300

300

9.38

66

1,532

9.84

9.86

0.48

16

31-Jul-2008

West Bengal

800

800

9.38

123

3,452

9.87

9.9

0.52

17

26-Aug-2008

Mizoram

60

60

8.96

8

312

9.30

9.44

0.48

18

26-Aug-2008

Punjab

1,000

1,000

8.96

108

4,465

9.30

9.30

0.34

19

26-Aug-2008

Uttar Pradesh

1,000

1,000

8.96

73

3,341

9.30

9.30

0.34

20

9-Sep-2008

West Bengal

1,800

1,800

8.46

125

6,215

8.77

8.80

0.34

21

25-Sep-2008

Himachal Pradesh

112

112

8.60

8

361

8.82

8.82

0.22

22

25-Sep-2008

Puducherry

100

100

8.60

7

316

8.81

8.81

0.21

23

25-Sep-2008

Punjab

500

500

8.60

35

1,462

8.83

8.83

0.23

24

25-Sep-2008

Rajasthan

1,000

500

8.60

57

2,203

8.86

8.88

0.28

25

7-Oct-2008

Jammu & Kashmir

212

212

8.04

18

587

8.52

8.55

0.51

26

7-Oct-2008

Kerala

800

800

8.04

68

1,934

8.45

8.50

0.46

27

7-Oct-2008

Uttar Pradesh

1,000

1,000

8.04

40

1,280

8.64

8.89

0.85

28

22-Oct-2008

Andhra Pradesh

1,000

1,000

7.56

108

3,016

8.07

8.11

0.55

29

22-Oct-2008

Himachal Pradesh

200

200

7.56

26

895

7.97

7.97

0.41

30

22-Oct-2008

Maharashtra

2,000

2,000

7.56

124

6,713

8.01

8.07

0.51

31

22-Oct-2008

Punjab

500

500

7.56

39

1,317

8.01

8.07

0.51

32

22-Oct-2008

West Bengal

600

600

7.56

58

2,237

8.01

8.07

0.51

33

11-Nov-2008

Andhra Pradesh

1,000

1,000

7.70

129

2,825

8.20

8.25

0.55

34

11-Nov-2008

Goa

200

200

7.70

30

845

8.19

8.23

0.53

35

11-Nov-2008

Himachal Pradesh

200

200

7.70

31

930

8.17

8.21

0.51

36

11-Nov-2008

Jammu & Kashmir

200

200

7.70

30

704

8.39

8.54

0.84

37

11-Nov-2008

Madhya Pradesh

500

625

7.70

59

2,006

8.24

8.30

0.60

38

11-Nov-2008

Meghalaya

120

120

7.70

18

388

8.21

8.25

0.55

39

11-Nov-2008

Rajasthan

500

500

7.70

62

1,784

8.21

8.26

0.56

40

11-Nov-2008

Tamil Nadu

600

750

7.70

95

2,337

8.19

8.23

0.53

41

20-Nov-2008

Gujarat

1,000

1,000

7.25

83

4,063

7.73

7.80

0.55

42

20-Nov-2008

Kerala

350

350

7.25

49

2,207

7.69

7.77

0.52

43

20-Nov-2008

Rajasthan

1,000

1,000

7.25

94

4,119

7.74

7.80

0.55


APPENDIX TABLE 64 : MARKET BORROWINGS OF THE STATE GOVERNMENTS/ U.T. RAISED THROUGH AUCTIONS (Contd.)

(Amount in Rupees crore)

Sr. No.

Date of Auction

State/U.T.

Notified Amount

Amount Accepted

Market Rate(%)*

No. of
Bids
Received

Amount Offered

Weighted Average Rate (%)

Cut Off Rate(%)

Spread
(Percentage
Points)

1

2

3

4

5

6

7

8

9

10

11 (=10-6)

44

20-Nov-2008

Uttar Pradesh

1,000

1,000

7.25

72

3,056

7.79

7.85

0.60

45

20-Nov-2008

West Bengal

1,500

1,500

7.25

77

4,119

7.79

7.86

0.61

46

11-Dec-2008

Andhra Pradesh

1,500

1,500

6.52

79

2,493

7.04

7.10

0.58

47

11-Dec-2008

Gujarat

1,000

1,250

6.52

84

3,308

6.98

7.03

0.51

48

11-Dec-2008

Manipur

200

200

6.52

10

900

7.00

7.00

0.48

49

11-Dec-2008

Punjab

702

702

6.52

36

1,707

7.00

7.02

0.50

50

11-Dec-2008

Sikkim

293

293

6.52

9

886

7.00

7.00

0.48

51

11-Dec-2008

Tamil Nadu

600

750

6.52

61

2,615

6.92

6.95

0.43

52

11-Dec-2008

Uttar Pradesh

1,000

1,000

6.52

51

3,245

7.01

7.03

0.51

53

11-Dec-2008

Uttarakhand

215

215

6.52

16

855

6.99

7.00

0.48

54

23-Dec-2008

Bihar

750

750

5.65

23

1,210

6.40

6.45

0.80

55

23-Dec-2008

Jharkhand

195

195

5.65

20

876

6.34

6.34

0.69

56

23-Dec-2008

Kerala

800

800

5.65

55

1,666

6.29

6.38

0.73

57

23-Dec-2008

Rajasthan

1,162

1,162

5.65

69

2,186

6.34

6.41

0.76

58

23-Dec-2008

Tamil Nadu

800

1,000

5.65

79

1,963

6.32

6.40

0.75

59

23-Dec-2008

West Bengal

888

888

5.65

43

1,686

6.36

6.43

0.78

60

6-Jan-2009

Andhra Pradesh

1,000

1,000

5.22

67

2,269

5.80

5.80

0.58

61

6-Jan-2009

Gujarat

1,500

1,875

5.22

68

3,774

5.88

6.05

0.83

62

6-Jan-2009

Himachal Pradesh

200

200

5.22

20

396

6.00

6.10

0.88

63

6-Jan-2009

Jharkhand

248

248

5.22

13

423

6.06

6.10

0.88

64

6-Jan-2009

Kerala

812

812

5.22

40

1,372

6.01

6.10

0.88

65

6-Jan-2009

Madhya Pradesh

750

900

5.22

32

2,510

5.83

6.00

0.78

66

6-Jan-2009

Punjab

667

667

5.22

37

1,201

5.99

6.10

0.88

67

13-Jan-2009

Karnataka

1,500

1,500

5.63

79

2,131

6.58

6.70

1.07

68

13-Jan-2009

Maharashtra

3,295

3,295

5.63

136

5,261

6.62

6.73

1.10

69

13-Jan-2009

Tamil Nadu

800

1,000

5.63

68

1,505

6.55

6.65

1.02

70

22-Jan-2009

Andhra Pradesh

1,633

1,633

5.93

98

2,002

7.01

7.13

1.20

71

22-Jan-2009

Bihar

731

731

5.93

20

1,921

6.95

7.10

1.17

72

22-Jan-2009

Gujarat

1,000

1250

5.93

95

3,130

6.96

7.00

1.07

73

22-Jan-2009

Himachal Pradesh

300

300

5.93

15

431

7.06

7.09

1.16

74

22-Jan-2009

Madhya Pradesh

885

885

5.93

48

2,571

6.93

7.00

1.07

75

22-Jan-2009

Manipur

103

103

5.93

3

163

7.09

7.09

1.16

76

22-Jan-2009

Tamil Nadu

800

1,000

5.93

79

2,486

6.97

7.00

1.07

77

22-Jan-2009

Uttar Pradesh

1,099

1,099

5.93

47

2,969

6.95

7.10

1.17

78

5-Feb-2009

Goa

200

200

5.89

20

779

7.24

7.24

1.35

79

5-Feb-2009

Haryana

1,295

1,295

5.89

88

4,054

7.21

7.27

1.38

80

5-Feb-2009

Himachal Pradesh

100

100

5.89

19

476

7.24

7.24

1.35

81

5-Feb-2009

Punjab

354

354

5.89

39

1,090

7.20

7.24

1.35

82

5-Feb-2009

Rajasthan

800

1,000

5.89

81

2,383

7.24

7.29

1.40

83

5-Feb-2009

Tamil Nadu

1,000

1,200

5.89

115

3,329

7.22

7.26

1.37

84

5-Feb-2009

West Bengal

1,000

1,000

5.89

97

3,665

7.24

7.27

1.38

85

17-Feb-2009

Andhra Pradesh

1,212

1,212

6.08

102

2,390

7.43

7.45

1.37

86

17-Feb-2009

Gujarat

1,499

1,499

6.08

138

3,466

7.42

7.45

1.37

87

17-Feb-2009

Himachal Pradesh

100

100

6.08

15

471

7.40

7.40

1.32


APPENDIX TABLE 64 : MARKET BORROWINGS OF THE STATE GOVERNMENTS/ U.T. RAISED THROUGH AUCTIONS (Contd.)

(Amount in Rupees crore)

Sr. No.

Date of Auction

State/U.T.

Notified Amount

Amount Accepted

Market Rate(%)*

No. of
Bids
Received

Amount Offered

Weighted Average Rate (%)

Cut Off Rate(%)

Spread
(Percentage
Points)

1

2

3

4

5

6

7

8

9

10

11 (=10-6)

88

17-Feb-2009

Jharkhand

400

400

6.08

17

1,260

7.43

7.44

1.36

89

17-Feb-2009

Kerala

800

800

6.08

71

1,875

7.41

7.45

1.37

90

17-Feb-2009

Maharashtra

3,000

3,000

6.08

153

6,049

7.48

7.50

1.42

91

17-Feb-2009

Nagaland

100

100

6.08

6

400

7.40

7.40

1.32

92

17-Feb-2009

Tamil Nadu

1,000

1,000

6.08

114

2,404

7.42

7.45

1.37

93

17-Feb-2009

Uttarakhand

252

252

6.08

19

887

7.43

7.45

1.37

94

27-Feb-2009

Haryana

1,500

1,500

6.02

69

2,051

7.69

7.80

1.78

95

27-Feb-2009

Jammu & Kashmir

445

445

6.02

18

699

7.93

7.98

1.96

96

27-Feb-2009

Karnataka

3,000

3,000

6.02

183

4,451

7.62

7.76

1.74

97

27-Feb-2009

Madhya Pradesh

860

1,075

6.02

61

1,661

7.63

7.77

1.75

98

27-Feb-2009

Maharashtra

4,000

4,000

6.02

206

5,851

7.66

7.83

1.81

99

27-Feb-2009

Meghalaya

104

104

6.02

8

314

7.57

7.59

1.57

100

27-Feb-2009

Punjab

695

695

6.02

74

1,246

7.55

7.68

1.66

101

27-Feb-2009

Rajasthan

1,000

1,250

6.02

85

1,826

7.65

7.77

1.75

102

27-Feb-2009

Tamil Nadu

1,000

1,200

6.02

135

2,709

7.55

7.65

1.63

103

27-Feb-2009

Tripura

156

156

6.02

12

386

7.63

7.77

1.75

104

9-Mar-2009

Assam

2,506

1,910

6.53

48

1,910

8.35

8.89

2.36

105

9-Mar-2009

Bihar

1,438

1,135

6.53

21

1,135

8.41

8.78

2.25

106

9-Mar-2009

Himachal Pradesh

200

200

6.53

21

536

8.30

8.40

1.87

107

9-Mar-2009

Jammu & Kashmir

207

207

6.53

30

737

8.31

8.47

1.94

108

9-Mar-2009

Jharkhand

539

535

6.53

17

535

8.40

8.75

2.22

109

9-Mar-2009

Maharashtra

3,899

3,899

6.53

201

4,756

8.23

8.46

1.93

110

9-Mar-2009

Meghalaya

26

26

6.53

3

61

8.10

8.16

1.63

111

9-Mar-2009

Tamil Nadu

1,217

1,217

6.53

109

1,553

8.21

8.48

1.95

112

9-Mar-2009

Uttar Pradesh

3,000

3,000

6.53

90

3,182

8.31

8.57

2.04

113

9-Mar-2009

West Bengal

1,967

1,967

6.53

102

2,600

8.21

8.43

1.90

114

17-Mar-2009

Andhra Pradesh

1,915

1,915

6.54

218

2,803

8.39

8.59

2.05

115

17-Mar-2009

Gujarat

1,660

1,660

6.54

212

4,165

8.33

8.40

1.86

116

17-Mar-2009

Himachal Pradesh

400

500

6.54

74

1,085

8.36

8.43

1.89

117

17-Mar-2009

Karnataka

2,917

2,917

6.54

250

5,869

8.36

8.49

1.95

118

17-Mar-2009

Kerala

500

500

6.54

78

1,019

8.36

8.45

1.91

119

17-Mar-2009

Madhya Pradesh

1,010

1,010

6.54

86

1,944

8.37

8.40

1.86

120

17-Mar-2009

Nagaland

185

185

6.54

7

340

8.40

8.40

1.86

121

17-Mar-2009

Rajasthan

593

593

6.54

112

1,213

8.39

8.46

1.92

122

17-Mar-2009

Uttar Pradesh

2,594

2,594

6.54

146

3,935

8.48

8.59

2.05

123

17-Mar-2009

Uttarakhand

94

94

6.54

6

278

8.54

8.55

2.01

124

17-Mar-2009

Puducherry

247

247

6.54

12

472

8.53

8.55

2.01

125

24-Mar-2009

Andhra Pradesh

174

174

6.72

99

1,437

8.09

8.09

1.37

126

24-Mar-2009

Arunachal Pradesh

26

26

6.72

3

54

8.47

8.47

1.75

127

24-Mar-2009

Assam

596

596

6.72

92

2,102

8.33

8.43

1.71

128

24-Mar-2009

Bihar

781

781

6.72

79

1,745

8.35

8.45

1.73

129

24-Mar-2009

Goa

100

100

6.72

22

446

8.08

8.08

1.36

130

24-Mar-2009

Jammu & Kashmir

129

129

6.72

34

589

8.28

8.34

1.62

131

24-Mar-2009

Jharkhand

107

107

6.72

19

360

8.29

8.47

1.75


(Amount in Rupees crore)

Sr. No.

Date of Auction

State/U.T.

Notified Amount

Amount Accepted

Market Rate(%)*

No. of
Bids
Received

Amount Offered

Weighted Average Rate (%)

Cut Off Rate(%)

Spread
(Percentage
Points)

1

2

3

4

5

6

7

8

9

10

11 (=10-6)

132

24-Mar-2009

Kerala

269

269

6.72

102

1,509

8.23

8.27

1.55

133

24-Mar-2009

Maharashtra

1,568

1,568

6.72

314

7,289

8.25

8.30

1.58

134

24-Mar-2009

Meghalaya

10

10

6.72

2

10

8.44

8.47

1.75

135

24-Mar-2009

Mizoram

97

97

6.72

4

291

8.15

8.15

1.43

136

24-Mar-2009

Nagaland

22

22

6.72

3

47

8.46

8.47

1.75

137

24-Mar-2009

Punjab

143

143

6.72

79

1,227

8.12

8.13

1.41

138

24-Mar-2009

Rajasthan

351

351

6.72

123

2,299

8.21

8.28

1.56

139

24-Mar-2009

Tamil Nadu

481

481

6.72

205

3,498

8.19

8.24

1.52

140

24-Mar-2009

West Bengal

190

190

6.72

71

1,394

8.19

8.25

1.53

141

24-Mar-2009

Puducherry

3

3

6.72

1

3

8.48

8.48

1.76

 

2009-10

 

 

 

 

 

 

 

 

 

1

8-Apr-2009

Punjab

600

600

6.94

135

5,152

7.71

7.77

0.83

2

8-Apr-2009

Uttarakhand

300

300

6.94

72

2,725

7.73

7.77

0.83

3

16-Apr-2009

Andhra Pradesh

800

1,000

6.50

156

5,294

7.47

7.50

1.00

4

16-Apr-2009

Jharkhand

517

517

6.50

53

3,552

7.51

7.54

1.04

5

16-Apr-2009

Nagaland

260

260

6.50

23

1,255

7.55

7.58

1.08

6

16-Apr-2009

West Bengal

2,000

2,000

6.50

219

9,883

7.52

7.55

1.05

7

28-Apr-2009

Andhra Pradesh

1,600

1,600

6.15

153

5,231

7.07

7.11

0.96

8

28-Apr-2009

Jammu & Kashmir

539

539

6.15

46

2,189

7.21

7.30

1.15

9

28-Apr-2009

Punjab

500

500

6.15

88

3,317

7.03

7.04

0.89

10

4-May-2009

West Bengal

2,500

2,500

6.33

183

10,293

7.06

7.10

0.77

11

26-May-2009

Andhra Pradesh

1,000

1,000

6.53

147

3,334

7.40

7.45

0.92

12

26-May-2009

Rajasthan

500

500

6.53

73

2,078

7.37

7.44

0.91

13

26-May-2009

Uttar Pradesh

1,500

1,500

6.53

126

4,711

7.44

7.53

1.00

14

26-May-2009

West Bengal

1500

1,500

6.53

157

5,594

7.42

7.5

0.97

15

23-Jun-2009

Andhra Pradesh

1,000

1,000

6.99

150

2,751

7.81

7.83

0.84

16

23-Jun-2009

Bihar

1,000

1,000

6.99

80

2,900

7.86

7.89

0.90

17

23-Jun-2009

Goa

100

100

6.99

11

290

7.81

7.83

0.84

18

23-Jun-2009

Gujarat

1,000

1,000

6.99

141

3,698

7.79

7.83

0.84

19

23-Jun-2009

Haryana

700

700

6.99

67

2,100

7.81

7.83

0.84

20

23-Jun-2009

Kerala

600

600

6.99

83

1,966

7.80

7.83

0.84

21

23-Jun-2009

Meghalaya

50

50

6.99

8

215

7.80

7.8

0.81

22

23-Jun-2009

Punjab

500

500

6.99

71

1,730

7.80

7.82

0.83

23

23-Jun-2009

Rajasthan

500

500

6.99

66

1,640

7.79

7.83

0.84

24

23-Jun-2009

Uttar Pradesh

500

500

6.99

60

1,759

7.81

7.84

0.85

25

7-Jul-2009

Andhra Pradesh

1,000

1,000

7.08

154

2,767

7.89

7.93

0.85

26

7-Jul-2009

Uttar Pradesh

1,000

1,000

7.08

91

2,390

7.92

7.97

0.89

27

7-Jul-2009

West Bengal

2,000

2,000

7.08

178

4,700

7.93

7.96

0.88

28

21-Jul-2009

Andhra Pradesh

1,000

1,000

6.89

152

3,356

7.83

7.85

0.96

29

21-Jul-2009

Gujarat

1,500

1,500

6.89

158

5,101

7.81

7.85

0.96

30

21-Jul-2009

Maharashtra

3,000

3,000

6.89

266

9,534

7.82

7.85

0.96

31

21-Jul-2009

Uttar Pradesh

500

500

6.89

43

1,295

7.80

7.80

0.91

32

21-Jul-2009

Uttarakhand

300

300

6.89

22

750

7.80

7.80

0.91

* : Secondary market yield of Central Govt. Securities of similar maturity.


Top
Back to previous page