Date of Auction : May 9, 2007

I.

Notified Amount

Rs.2000.00 crore

(Out of which Rs.1500 crore
is MSS Amount)

II.

Underwriting notified amount

N.A.

III.

Competitive Bids received

(i)

Number

75

(ii)

Amount

Rs.4794.50 crore

IV.

Cut-off price

Rs.98.14 (YTM is 7.6018%)

V.

Competitive bids accepted

(i)

Number

47

(ii)

Amount

Rs.2000.00 crore

(Out of which Rs.1500.00 crore
is MSS Amount)

VI.

Partial Allotment Percentage
of Comp. Bids

61.03 (7 bids)

VII.

Weighted Average Price

Rs.98.17

VIII.

Non-competitive bids received

(i)

Number

Nil

(ii)

Amount

Nil

IX.

Non-competitive bids accepted

(i)

Number

Nil

(ii)

Amount

Nil

(iii)

Partial Allotment
Percentage

Nil