The results of the auctions of 6.18% Government Stock, 2024 (Re-Issue), 6.19% Government Stock, 2034 (New) and 7.16% Government Stock, 2050 (Re-Issue) held on May 29, 2020 are: | Auction Results | 6.18% Government Stock, 2024 | 6.19% New Government Stock, 2034 | 7.16% Government Stock, 2050 | | I. | Notified Amount | ₹ 12000 Crore | ₹ 11000 Crore | ₹ 7000 Crore | | II. | Underwriting Notified Amount | ₹ 12000 Crore | ₹ 11000 Crore | ₹ 7000 Crore | | III. | Competitive Bids Received | | | | | (i) Number | 224 | 356 | 193 | | (ii) Amount | ₹ 47395 Crore | ₹ 27978.14 Crore | ₹ 22250 Crore | | IV. | Cut-off price / Yield | 104.27 | | 107.42 | | (YTM: 5.0889%) | 6.19% | (YTM: 6.5906%) | | V. | Competitive Bids Accepted | | | | | (i) Number | 11 | 247 | 47 | | (ii) Amount | ₹ 13978.452 Crore | ₹ 12858.942 Crore | ₹ 8901.102 Crore | | VI. | Partial Allotment Percentage of Competitive Bids | 51.64% | 27.01% | 83.65% | | (3 Bids) | (15 Bids) | (2 Bids) | | VII. | Weighted Average Price/Yield | ₹ 104.32 | ₹ 100.54 | ₹ 107.48 | | (WAY: 5.0764%) | (WAY: 6.1337%) | (WAY: 6.5862%) | | VIII. | Non-Competitive Bids Received | | | | | (i) Number | 8 | 11 | 10 | | (ii) Amount | ₹ 21.548 Crore | ₹ 141.058 Crore | ₹ 98.898 Crore | | IX. | Non-Competitive Bids Accepted | | | | | (i) Number | 8 | 11 | 10 | | (ii) Amount | ₹ 21.548 Crore | ₹ 141.058 Crore | ₹ 98.898 Crore | | (iii) Partial Allotment Percentage | 100% (0 Bid) | 100% (0 Bid) | 100% (0 Bid) | | X. | Amount of Underwriting accepted from primary dealers | ₹ 12000 Crore | ₹ 11000 Crore | ₹ 7000 Crore | | XI. | Devolvement on Primary Dealers | 0 | 0 | 0 | | *Green Shoe of ₹ 2000 cr has been exercised in each of the three securities | Ajit Prasad
Director Press Release : 2019-2020/2421 | |