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PDF - Result of Auction of State Development Loans of 14 State Governments - Full Auction Result ()
Date : Mar 09, 2021
Result of Auction of State Development Loans of 14 State Governments - Full Auction Result

The Result of the auction of State Development Loans for 14 State Governments held on March 09, 2021.

Table
(₹ in crore)
  GUJARAT 2031* JHARKHAND 2036 KARNATAKA 2038 KARNATAKA 2037
Notified Amount 1000 1000 1000 1000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 10 15 17 16
Competitive Bids Received        
(i) No. 151 67 88 99
(ii) Amount 5608 4180 5473 5878
Cut-off Yield (%) 7.08 7.28 7.24 7.24
Competitive Bids Accepted        
(i) No. 15 22 14 16
(ii) Amount 1350 980.898 954.014 958.998
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 62.5 7.2563 23.9591 77.3679
(ii) No. (5 bids) (7 bids) (6 bids) (6 bids)
Non - Competitive Bids Received        
(i) No. 23 6 6 5
(ii) Amount 185.299 19.102 45.986 41.002
Non-Competitive Price 100.11 100.32 100.17 100.17
Non-Competitive Bids Accepted        
(i) No. 23 6 6 5
(ii) Amount 150 19.102 45.986 41.002
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage 80.9503 - - -
(ii) No. (23 bids) - - -
Weighted Average Yield (%) 7.0651 7.2447 7.2224 7.2224
Amount of Underwriting Accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1500 1000 1000 1000

  KARNATAKA 2039 MAHARASHTRA 2029** MANIPUR 2031 MIZORAM 2033
Notified Amount 1000 1500 120 30
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 18 8 10 12
Competitive Bids Received        
(i) No. 85 145 34 11
(ii) Amount 4293 11902 885 180
Cut-off Yield (%) 7.29 7.02 7.18 7.27
Competitive Bids Accepted        
(i) No. 44 18 8 5
(ii) Amount 973.398 1884.996 117.799 29.998
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 97.4853 56.7002 63.995 26.8796
(ii) No. (9 bids) (7 bids) (2 bids) (4 bids)
Non - Competitive Bids Received        
(i) No. 4 11 4 1
(ii) Amount 26.602 115.004 2.201 0.002
Non-Competitive Price 100.24 100.12 100.18 100.01
Non-Competitive Bids Accepted        
(i) No. 4 11 4 1
(ii) Amount 26.602 115.004 2.201 0.002
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 7.2662 7.0004 7.1545 7.2683
Amount of Underwriting Accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1000 2000 120 30

  PUNJAB 2036*** PUNJAB 2028 RAJASTHAN 2025 RAJASTHAN 2024
Notified Amount 500 1056 500 500
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 15 7 4 3
Competitive Bids Received        
(i) No. 35 61 37 40
(ii) Amount 2445.7 5423 2987 3362
Cut-off Yield (%) - 7.02 5.93 5.42
Competitive Bids Accepted        
(i) No. - 11 1 1
(ii) Amount - 1029 488.999 484.987
Partial Allotment Percentage of Competitive Bids        
(i) Percentage - 75.2 97.7998 96.9974
(ii) No. - (2 bids) (1 bid) (1 bid)
Non - Competitive Bids Received        
(i) No. 4 2 4 4
(ii) Amount 12.012 27 11.001 15.013
Non-Competitive Price 0 100.11 100 100
Non-Competitive Bids Accepted        
(i) No. - 2 4 4
(ii) Amount - 27 11.001 15.013
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) - 6.9996 5.93 5.42
Amount of Underwriting Accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 0 1056 500 500

  RAJASTHAN 2031 SIKKIM 2031 TAMILNADU 2030 TELANGANA 2051
Notified Amount 1310 46 2500 1050
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 10 10 Re-issue of 6.66% Tamil Nadu SDL 2030 issued on August 26, 2020 30
Competitive Bids Received        
(i) No. 139 20 205 30
(ii) Amount 8708 300 11484.5 3905
Cut-off Yield (%) 7.13 7.18 7.1152 7.2
Competitive Bids Accepted        
(i) No. 7 5 34 1
(ii) Amount 1179 45.997 2298.222 1042.975
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 85.6934 36.6155 43.3591 99.8062
(ii) No. (6 bids) (3 bids) (4 bids) (1 bid)
Non - Competitive Bids Received        
(i) No. 20 1 16 3
(ii) Amount 206.896 0.003 201.778 7.025
Non-Competitive Price 100 100.09 97.04 100
Non-Competitive Bids Accepted        
(i) No. 20 1 16 3
(ii) Amount 131 0.003 201.778 7.025
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage 63.3168 - - -
(ii) No. (19 bids) - - -
Weighted Average Yield (%) 7.1299 7.167 7.0942 7.2
Amount of Underwriting Accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1310 46 2500 1050

  TRIPURA 2036 UTTAR PRADESH 2031 WEST BENGAL 2041 Total
Notified Amount 61 5500 2000 21673
Underwriting Notified Amount NIL NIL NIL  
Tenure 15 10 20  
Competitive Bids Received        
(i) No. 9 328 43 1627
(ii) Amount 245 20241.5 7343 104843.7
Cut-off Yield (%) 7.29 7.17 7.25  
Competitive Bids Accepted        
(i) No. 1 37 6 246
(ii) Amount 61 4950 1986.999 20817.28
Partial Allotment Percentage of Competitive Bids        
(i) Percentage - 84.0116 94.7996  
(ii) No. - (16 bids) (1 bid)  
Non - Competitive Bids Received        
(i) No. - 25 4 143
(ii) Amount - 582.233 13.001 1511.16
Non-Competitive Price 100 100.07 100.2  
Non-Competitive Bids Accepted        
(i) No. - 25 4 139
(ii) Amount - 550 13.001 1355.72
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - 94.4639 -  
(ii) No. - (24 bids) -  
Weighted Average Yield (%) 7.29 7.1603 7.2311  
Amount of Underwriting Accepted from Primary Dealers NIL NIL NIL  
Devolvement on Primary Dealers NIL NIL NIL  
Total Allotment Amount 61 5500 2000 22173
* Gujarat has accepted an additional amount of ₹500 crore.
** Maharashtra has accepted an additional amount of ₹500 crore.
*** Punjab has not accepted any amount in the 15 year security

Ajit Prasad
Director   

Press Release: 2020-2021/1215

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