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PDF - Result of Auction of State Development Loans of 14 State Governments / Union Territories - Full Auction Result ()
Date : Feb 02, 2021
Result of Auction of State Development Loans of 14 State Governments / Union Territories - Full Auction Result

The Result of the auction of State Development Loans for 14 State Governments / Union Territories held on February 02, 2021.

Table
(₹ in crore)
  ANDHRA PRADESH 2037 ANDHRA PRADESH 2032 ANDHRA PRADESH 2035 ASSAM 20261
Notified Amount 1000 332 1000 500
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 16 11 14 5
Competitive Bids Received        
(i) No. 37 27 47 16
(ii) Amount 3483 1042 3356 1060
Cut-off Yield (%) 6.87 6.9 6.89 -
Competitive Bids Accepted        
(i) No. 5 12 11 -
(ii) Amount 987.475 315.039 947.999 -
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 50.4125 47.6562 9.0907 -
(ii) No. (2 bids) (3 bids) (3 bids) -
Non-Competitive Bids Received        
(i) No. 3 5 8 4
(ii) Amount 12.525 16.961 52.001 20.01
Non-Competitive Price 100.18 100.14 100.79 0
Non-Competitive Bids Accepted        
(i) No. 3 5 8 -
(ii) Amount 12.525 16.961 52.001 -
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 6.8513 6.8814 6.8013 -
Amount of Underwriting accepted from primary dealers NIL NIL NIL NIL
Devolvement of Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1000 332 1000 0

  ASSAM 20311 BIHAR 2028 GOA 2031 JAMMU AND KASHMIR 2031
Notified Amount 500 1993 100 700
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 10 7 10 10
Competitive Bids Received        
(i) No. 42 27 25 36
(ii) Amount 1086 3178 596 1411
Cut-off Yield (%) - 6.89 6.85 6.99
Competitive Bids Accepted        
(i) No. - 24 13 26
(ii) Amount - 1993 95.902 669.998
Partial Allotment Percentage of Competitive Bids        
(i) Percentage - 75.9157 25.3655 62.2397
(ii) No. - (1 bids) (2 bids) (3 bids)
Non-Competitive Bids Received        
(i) No. 9 - 4 7
(ii) Amount 47 - 4.098 30.002
Non-Competitive Price 0 100.28 100.26 100.28
Non-Competitive Bids Accepted        
(i) No. - - 4 7
(ii) Amount - - 4.098 30.002
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) - 6.8389 6.814 6.9503
Amount of Underwriting accepted from primary dealers NIL NIL NIL NIL
Devolvement of Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 0 1993 100 700

  KERALA 2024 KERALA 2023 MADHYA PRADESH 2037 MANIPUR 2031
Notified Amount 1000 1000 2000 152
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 3 2 Re-issue of 6.61% Madhya Pradesh SDL 2037 issued on January 20, 2021 10
Competitive Bids Received        
(i) No. 40 64 67 21
(ii) Amount 4180 5985 3298.5 501
Cut-off Yield (%) 5.18 4.85 6.9863 6.88
Competitive Bids Accepted        
(i) No. 4 23 46 12
(ii) Amount 989.994 989.997 1949.993 147.423
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 97.4994 61.5379 59.9997 52.252
(ii) No. (1 bids) (3 bids) (2 bids) (1 bids)
Non-Competitive Bids Received        
(i) No. 2 2 5 5
(ii) Amount 10.006 10.003 50.007 4.577
Non-Competitive Price 100.03 100.09 96.71 100.23
Non-Competitive Bids Accepted        
(i) No. 2 2 5 5
(ii) Amount 10.006 10.003 50.007 4.577
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 5.1698 4.8006 6.9541 6.8474
Amount of Underwriting accepted from primary dealers NIL NIL NIL NIL
Devolvement of Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1000 1000 2000 152

  PUNJAB 20402 PUNJAB 2051 RAJASTHAN 20313 RAJASTHAN 2046
Notified Amount 600 600 500 500
Underwriting Notified Amount NIL NIL NIL NIL
Tenure Re-issue of 6.76% Punjab SDL 2040 issued on October 28, 2020 Re-issue of 6.63% Punjab SDL 2051 issued on January 13, 2021 10 25
Competitive Bids Received        
(i) No. 9 5 113 9
(ii) Amount 828 1323 3272 1773
Cut-off Yield (%) - 6.88 6.85 6.88
Competitive Bids Accepted        
(i) No. - 1 46 1
(ii) Amount - 599.997 912.546 500
Partial Allotment Percentage of Competitive Bids        
(i) Percentage - 99.9995 84.273 -
(ii) No. - (1 bids) (6 bids) -
Non-Competitive Bids Received        
(i) No. 3 2 15 -
(ii) Amount 8.01 0.003 87.454 -
Non-Competitive Price 0 96.84 100.18 100
Non-Competitive Bids Accepted        
(i) No. - 2 15 -
(ii) Amount - 0.003 87.454 -
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) - 6.88 6.8248 6.88
Amount of Underwriting accepted from primary dealers NIL NIL NIL NIL
Devolvement of Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 0 600 1000 500

  RAJASTHAN 2027 TAMILNADU 2051 TELANGANA 20414 UTTAR PRADESH 2031
Notified Amount 500 2500 750 3000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 6 30 20 10
Competitive Bids Received        
(i) No. 33 31 26 191
(ii) Amount 1155 6503 3193 7912
Cut-off Yield (%) 6.45 6.85 6.86 6.88
Competitive Bids Accepted        
(i) No. 18 1 2 87
(ii) Amount 484.49 2484.997 999.998 2700
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 84.2571 99.3999 99.9997 46.6667
(ii) No. (2 bids) (1 bids) (1 bids) (7 bids)
Non-Competitive Bids Received        
(i) No. 5 3 1 23
(ii) Amount 15.51 15.003 0.002 372.953
Non-Competitive Price 100.32 100 100.03 100.61
Non-Competitive Bids Accepted        
(i) No. 5 3 1 23
(ii) Amount 15.51 15.003 0.002 300
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - 80.4391
(ii) No. - - - (22 bids)
Weighted Average Yield (%) 6.3855 6.85 6.8575 6.7947
Amount of Underwriting accepted from primary dealers NIL NIL NIL NIL
Devolvement of Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 500 2500 1000 3000

  WEST BENGAL 2041 Total
Notified Amount 2000 21227
Underwriting Notified Amount NIL  
Tenure 20  
Competitive Bids Received    
(i) No. 31 897
(ii) Amount 5488 60623.5
Cut-off Yield (%) 6.89  
Competitive Bids Accepted    
(i) No. 1 333
(ii) Amount 1994.999 19763.847
Partial Allotment Percentage of Competitive Bids    
(i) Percentage 99.75  
(ii) No. (1 bids)  
Non-Competitive Bids Received    
(i) No. 2 108
(ii) Amount 5.001 761.126
Non-Competitive Price 100  
Non-Competitive Bids Accepted    
(i) No. 2 92
(ii) Amount 5.001 613.153
Partial Allotment Percentage of Non-Competitive Bids    
(i) Percentage -  
(ii) No. -  
Weighted Average Yield (%) 6.89  
Amount of Underwriting accepted from primary dealers NIL  
Devolvement of Primary Dealers NIL  
Total Allotment Amount 2000 20377
1 Assam has not accepted any amount in today’s auction.
2 Punjab has not accepted any amount in 6.76% Punjab SDL 2040.
3 Rajasthan has accepted an additional amount of ₹500 crore in 10 year security.
4 Telangana has accepted an additional amount of ₹250 crore.

Ajit Prasad
Director   

Press Release: 2020-2021/1034

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