The results of the auctions of New Government Stock, 2023, GOI FLOATING RATE BOND 2033 (Re-Issue), New Government Stock, 2035 and New Government Stock, 2050 held on October 29, 2020 are as under: | Auction Results | NEW Government Stock 2023 | GOI FLOATING RATE BOND 2033 | NEW Government Stock 2035 | NEW Government Stock 2050 | | I. | Notified Amount | ₹ 6000 Crore | ₹ 3000 Crore | ₹ 9000 Crore | ₹ 5000 Crore | | II. | Underwriting Notified Amount | ₹ 6000 Crore | ₹ 3000 Crore | ₹ 9000 Crore | ₹ 5000 Crore | | III. | Competitive Bids Received | | | | | | (i) Number | 177 | 122 | 253 | 195 | | (ii) Amount | ₹ 18764 Crore | ₹ 18487 Crore | ₹ 22320 Crore | ₹ 16540 Crore | | IV. | Cut-off price / Yield | | 96.52 | | | | 4.48% | (YTM: 4.9528%) | 6.22% | 6.67% | | V. | Competitive Bids Accepted | | | | | | (i) Number | 91 | 26 | 117 | 47 | | (ii) Amount | ₹ 5992.8 Crore | ₹ 2999.999 Crore | ₹ 8983.851 Crore | ₹ 4992.273 Crore | | VI. | Partial Allotment Percentage of Competitive Bids | 96.85% | 62.50% | 0.24% | 67.66% | | (11 Bids) | (3 Bids) | (20 Bids) | (26 Bids) | | VII. | Weighted Average Price/Yield | ₹ 100.16 | ₹ 96.64 | ₹ 100.30 | ₹ 100.35 | | (WAY: 4.4223%) | (WAY: 4.9398%) | (WAY: 6.1887%) | (WAY: 6.6431%) | | VIII. | Non-Competitive Bids Received | | | | | | (i) Number | 4 | 1 | 9 | 6 | | (ii) Amount | ₹ 7.2 Crore | ₹ 0.001 Crore | ₹ 16.149 Crore | ₹ 7.727 Crore | | IX. | Non-Competitive Bids Accepted | | | | | | (i) Number | 4 | 1 | 9 | 6 | | (ii) Amount | ₹ 7.2 Crore | ₹ 0.001 Crore | ₹ 16.149 Crore | ₹ 7.727 Crore | | (iii) Partial Allotment Percentage | 100% (0 Bids) | 100% (0 Bids) | 100% (0 Bids) | 100% (0 Bids) | | X. | Amount of Underwriting accepted from primary dealers | ₹ 6000 Crore | ₹ 3000 Crore | ₹ 9000 Crore | ₹ 5000 Crore | | XI. | Devolvement on Primary Dealers | 0 | 0 | 0 | 0 | Ajit Prasad Director Press Release: 2020-2021/560 | |