The results of the auctions of GOI FRB 2024, (Re-issue) 7.17% Government Stock, 2028 (Re-issue) held on February 09, 2018 are: | Auction Results | GOI FRB 2024 | 7.17% Government Stock, 2028 | | I. | Notified Amount | ₹ 3,000.00 Crore | ₹ 8,000.00 Crore | | II. | Underwriting Notified Amount | ₹ 3,000.00 Crore | ₹ 8,000.00 Crore | | III. | Competitive Bids Received | | | | (i) Number | 47 | 248 | | (ii) Amount | ₹ 12,929.1930 crore | ₹ 20,490.00 crore | | IV. | Cut-off price / Yield
Implicit Yield at cut-off | ₹ 96.85
(YTM: 7.074%) | ₹ 97.85
(YTM: 7.4797%) | | V. | Competitive Bids Accepted | | | | (i) Number | 4 | 106 | | (ii) Amount | ₹ 3,000.00 Crore | ₹ 7,991.8750 Crore | | VI. | Partial Allotment Percentage of Competitive Bids | 33.33
(1 Bid) | 72.24
(15 Bids) | | VII. | Weighted Average Price/Yield | ₹ 96.91 | ₹ 97.89 | | VIII. | Non-Competitive Bids Received | | | | (i) Number | 0 | 6 | | (ii) Amount | ₹ 0.00 Crore | ₹ 8.125 Crore | | IX. | Non-Competitive Bids Accepted | | | | (i) Number | 0 | 6 | | (ii) Amount | ₹ 0.00 Crore | ₹ 8.125 Crore | | (iii) Partial Allotment Percentage | 100 (0 Bids) | 100 (0 Bids) | | X. | Amount of Underwriting accepted from primary dealers | ₹ 3,000.00 Crore | ₹ 8,000.00 Crore | | XI. | Devolvement on Primary Dealers | ₹ 0.00 | ₹ 0.00 | Ajit Prasad
Assistant Adviser Press Release : 2017-2018/2172 | |