The results of the auctions of 5.22% Government Stock 2025 (Re-Issue), 6.19% Government Stock 2034 (Re-Issue) and 7.16% Government Stock 2050 (Re-Issue) held on July 24, 2020 are: | Auction Results | 5.22% Government Stock 2025 | 6.19% 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 | 209 | 457 | 140 | | (ii) Amount | ₹ 27590 Crore | ₹ 44608.73 Crore | ₹ 20170 Crore | | IV. | Cut-off price / Yield | 101.2 | 100.28 | 109.82 | | (YTM: 4.9391%) | (YTM: 6.1595%) | (YTM: 6.4185%) | | V. | Competitive Bids Accepted | | | | | (i) Number | 133 | 78 | 46 | | (ii) Amount | ₹ 11997.267 Crore | ₹ 12907.234 Crore | ₹ 8966.343 Crore | | VI. | Partial Allotment Percentage of Competitive Bids | 71.44% | 14.63% | 36.46% | | (17 Bids) | (32 Bids) | (2 Bids) | | VII. | Weighted Average Price/Yield | ₹ 101.25 | ₹ 100.31 | ₹ 110.03 | | (WAY: 4.9275%) | (WAY: 6.1563%) | (WAY: 6.4038%) | | VIII. | Non-Competitive Bids Received | | | | | (i) Number | 3 | 10 | 6 | | (ii) Amount | ₹ 2.733 Crore | ₹ 92.766 Crore | ₹ 33.657 Crore | | IX. | Non-Competitive Bids Accepted | | | | | (i) Number | 3 | 10 | 6 | | (ii) Amount | ₹ 2.733 Crore | ₹ 92.766 Crore | ₹ 33.657 Crore | | (iii) Partial Allotment Percentage | 100% (0 Bids) | 100% (0 Bids) | 100% (0 Bids) | | X. | Amount of Underwriting accepted from primary dealers | ₹ 12000 Crore | ₹ 11000 Crore | ₹ 7000 Crore | | XI. | Devolvement on Primary Dealers | 0 | 0 | 0 | | *Green Shoe option of ₹2000 cr. has been exercised in 6.19% GS 2034 and 7.16% GS 2050 | Ajit Prasad
Director Press Release: 2020-2021/95 | |