The results of the auctions of Floating Rate Bonds, 2020 (Re-issue), 7.02% Government Stock, 2016 (Re-issue) and 8.26% Government Stock, 2027 (Re-issue) held on April 23, 2010 are :
Auction Results |
Floating Rate Bonds, 2020 |
7.02% Government Stock, 2016 |
8.26%
Government
Stock, 2027 |
I. |
Notified Amount |
Rs. 3000.00 Crore |
Rs. 6000.00 Crore |
Rs. 3000.00 Crore |
II. |
Underwriting Notified Amount |
Rs. 3000.00 Crore |
Rs. 6000.00 Crore |
Rs. 3000.00 Crore |
III.
|
Competitive Bids Received
(i) Number
(ii) Amount |
108
Rs.8611.00 Crore
|
263
Rs.14119.75 Crore
|
211
Rs.8664.47 Crore
|
IV. |
Cut-off price |
Rs.92.30 |
Rs.96.90
(YTM is 7.6454%) |
Rs.98.45
(YTM is 8.4296%) |
V. |
Competitive Bids Accepted
(i) Number
(ii) Amount |
37
Rs.3000.00 Crore
|
89
Rs.5996.00 Crore
|
103
Rs.2937.85 Crore
|
VI. |
Partial Allotment Percentage of Competitive Bids |
78.26
(4 Bids) |
98.84
(10 Bids) |
32.09
(4 Bids) |
VII.
|
Non Competitive Bids Received
(i) Number
(ii) Amount |
Nil
Nil
|
4
Rs.4.00 Crore
|
11
Rs.62.15 Crore
|
VIII.
|
Non- Competitive Bids Accepted
(i) Number
(ii) Amount
(iii) Partial Allotment Percentage |
Nil
Nil
Nil
|
4
Rs.4.00 Crore
100 (4 Bids)
|
11
Rs.62.15 Crore
100 (11 Bids)
|
IX. |
Amount of Underwriting accepted from primary dealers |
Rs.3000.00 Crore
|
Rs.6000.00 Crore
|
Rs.3000.00 Crore
|
X. |
Devolvement on Primary Dealers |
Nil
|
Nil
|
Nil
|
Ajit Prasad
Manager
Press Release: 2009-2010/1442 |
|