Press Releases

PDF - Result of Auction of State Development Loans of 15 State Governments - Full Auction Result ()
Date : Mar 16, 2021
Result of Auction of State Development Loans of 15 State Governments - Full Auction Result

The Result of the auction of State Development Loans for 15 State Governments held on March 16, 2021.

Table
(₹ in crore)
  ASSAM 2026 ASSAM 2027* BIHAR 2025 CHHATTISGARH 2029
Notified Amount 500 630 323 1000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 5 6 4 8
Competitive Bids Received        
(i) No. 16 9 8 80
(ii) Amount 1024 199 534 5609
Cut-off Yield (%) 6.43 - 6.64 7.06
Competitive Bids Accepted        
(i) No. 1 - 7 14
(ii) Amount 494.999 - 319.799 937.999
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 98.9998 - 57.1993 59.333
(ii) No. (1 bid) - (1 bid) (3 bids)
Non - Competitive Bids Received        
(i) No. 2 3 2 6
(ii) Amount 5.001 11.301 3.201 62.001
Non-Competitive Price 100 0 101 100.09
Non-Competitive Bids Accepted        
(i) No. 2 - 2 6
(ii) Amount 5.001 - 3.201 62.001
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 6.43 - 6.3543 7.0446
Amount of Underwriting Accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 500 0 323 1000

  GOA 2031 GUJARAT 2031** HARYANA 2031 KARNATAKA 2039
Notified Amount 100 1500 500 1000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 10 10 10 18
Competitive Bids Received        
(i) No. 37 129 62 106
(ii) Amount 854 7451 4052 6189
Cut-off Yield (%) 7.16 7.11 7.14 7.19
Competitive Bids Accepted        
(i) No. 9 61 6 1
(ii) Amount 97.992 1800 467.999 976.677
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 50.3936 10.1053 80.7205 97.6677
(ii) No. (4 bids) (13 bids) (4 bids) (1 bid)
Non - Competitive Bids Received        
(i) No. 3 17 8 4
(ii) Amount 2.008 232.749 32.001 23.323
Non-Competitive Price 100.06 100.18 100.01 100
Non-Competitive Bids Accepted        
(i) No. 3 17 8 4
(ii) Amount 2.008 200 32.001 23.323
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - 85.9295 - -
(ii) No. - (17 bids) - -
Weighted Average Yield (%) 7.1508 7.0845 7.1387 7.19
Amount of Underwriting Accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 100 2000 500 1000

  KARNATAKA 2028 KARNATAKA 2040 KERALA 2024 MADHYA PRADESH 2025
Notified Amount 1000 1000 1000 3000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 7 19 3 4
Competitive Bids Received        
(i) No. 72 101 43 44
(ii) Amount 5452 6160 4439 2979
Cut-off Yield (%) 6.99 7.19 5.4 6.69
Competitive Bids Accepted        
(i) No. 9 1 2 44
(ii) Amount 968.998 968.283 989.999 2969.999
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 55.0268 96.8283 82.4999 95.4995
(ii) No. (4 bids) (1 bid) (2 bids) (1 bid)
Non - Competitive Bids Received        
(i) No. 5 5 2 2
(ii) Amount 31.002 31.717 10.001 30.001
Non-Competitive Price 100.31 100 100 101.43
Non-Competitive Bids Accepted        
(i) No. 5 5 2 2
(ii) Amount 31.002 31.717 10.001 30.001
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 6.9326 7.19 5.4 6.28
Amount of Underwriting Accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1000 1000 1000 3000

  MEGHALAYA 2031 PUNJAB 2028 RAJASTHAN 2031 TAMILNADU 2030
Notified Amount 58 500 1638 2500
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 10 Re-issue of 7.02% Punjab SDL 2028 Issued on March 10, 2021 10 Re-issue of 6.73% Tamil Nadu SDL 2030 Issued on May 13, 2020
Competitive Bids Received        
(i) No. 29 41 96 155
(ii) Amount 565 2060 6460 7011
Cut-off Yield (%) 7.16 7.0196 7.15 7.1486
Competitive Bids Accepted        
(i) No. 6 2 20 86
(ii) Amount 57.744 482.973 1474.2 2350.485
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 44.8548 76.5946 78.3531 60.2897
(ii) No. (3 bids) (1 bid) (11 bids) (7 bids)
Non - Competitive Bids Received        
(i) No. 2 4 15 9
(ii) Amount 0.256 17.027 199.617 149.515
Non-Competitive Price 100.08 100.01 100.01 97.44
Non-Competitive Bids Accepted        
(i) No. 2 4 15 9
(ii) Amount 0.256 17.027 163.8 149.515
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - 82.0571 -
(ii) No. - - (15 bids) -
Weighted Average Yield (%) 7.1487 7.0178 7.1485 7.1134
Amount of Underwriting Accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 58 500 1638 2500

  UTTAR PRADESH 2031 WEST BENGAL 2036 Total
Notified Amount 5500 2000 23749
Underwriting Notified Amount NIL NIL  
Tenure 10 15  
Competitive Bids Received      
(i) No. 243 81 1352
(ii) Amount 20009 7446.5 88493.5
Cut-off Yield (%) 7.16 7.19  
Competitive Bids Accepted      
(i) No. 52 4 325
(ii) Amount 4955.249 1972.847 22286.242
Partial Allotment Percentage of Competitive Bids      
(i) Percentage 25.2917 98.6424  
(ii) No. (27 bids) (4 bids)  
Non - Competitive Bids Received      
(i) No. 21 4 114
(ii) Amount 544.751 27.153 1412.625
Non-Competitive Price 100.08 100  
Non-Competitive Bids Accepted      
(i) No. 21 4 111
(ii) Amount 544.751 27.153 1332.758
Partial Allotment Percentage of Non-Competitive Bids      
(i) Percentage - -  
(ii) No. - -  
Weighted Average Yield (%) 7.149 7.19  
Amount of Underwriting Accepted from Primary Dealers NIL NIL  
Devolvement on Primary Dealers NIL NIL  
Total Allotment Amount 5500 2000 23619
* Assam has not accepted any amount in the 6 year security.
** Gujarat has accepted an additional amount of ₹ 500 crore.

Ajit Prasad
Director   

Press Release: 2020-2021/1248

Archives