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PDF - Result of Auction of State Development Loans of 14 State Governments - Full Auction Result ()
Date : Jun 29, 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 June 29, 2021.

Table
(₹ in crore)
  GOA 2031 GUJARAT 2031* JAMMU & KASHMIR UT 2033 KERALA 2056
Notified Amount 100 1500 900 1000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 10 10 12 35
Competitive Bids Received        
(i) No. 27 123 74 25
(ii) Amount 550 5502 2072.5 3050
Cut-off Yield (%) 6.96 6.88 7.10 7.2
Competitive Bids Accepted        
(i) No. 15 35 43 5
(ii) Amount 94.993 1842.065 870.995 999.995
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 66.62 42.7327 29.4711 49.4995
(ii) No. (2 bids) (10 bids) (9 bids) (1 bids)
Non - Competitive Bids Received        
(i) No. 6 14 6 1
(ii) Amount 5.007 157.935 29.005 0.005
Non-Competitive Price 100.22 100.13 100.44 100.14
Non-Competitive Bids Accepted        
(i) No. 6 14 6 1
(ii) Amount 5.007 157.935 29.005 0.005
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 6.9295 6.8615 7.0456 7.1889
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 100 2000 900 1000

  KERALA 2046 MAHARASHTRA 2032 MAHARASHTRA 2031** MANIPUR 2031
Notified Amount 2000 1000 1000 200
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 25 11 10 10
Competitive Bids Received        
(i) No. 61 163 126 24
(ii) Amount 6450 4783 4985 620
Cut-off Yield (%) 7.13 6.95 6.89 7.00
Competitive Bids Accepted        
(i) No. 4 53 32 16
(ii) Amount 1994.998 900 1370.47 195.995
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 99.7499 13.9319 47.0114 23.1796
(ii) No. (4 bids) (21 bids) (11 bids) (2 bids)
Non - Competitive Bids Received        
(i) No. 2 14 14 5
(ii) Amount 5.002 105.791 129.53 4.005
Non-Competitive Price 100 100.1 100.05 100.18
Non-Competitive Bids Accepted        
(i) No. 2 14 14 5
(ii) Amount 5.002 100 129.53 4.005
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - 94.526 - -
(ii) No. - (13 bids) - -
Weighted Average Yield (%) 7.13 6.9375 6.8824 6.9753
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 2000 1000 1500 200

  MEGHALAYA 2041 PUNJAB 2041*** PUNJAB 2031 RAJASTHAN 2031
Notified Amount 200 1000 1000 500
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 20 20 10 10
Competitive Bids Received        
(i) No. 16 55 80 84
(ii) Amount 950 5335.3 2465 2770
Cut-off Yield (%) 7.19 - 6.95 6.91
Competitive Bids Accepted        
(i) No. 2 - 38 21
(ii) Amount 200 - 910.897 453.494
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 92.5 - 52.8081 18.5081
(ii) No. (1 bids) - (11 bids) (8 bids)
Non - Competitive Bids Received        
(i) No. - 2 12 11
(ii) Amount - 0.051 89.103 46.506
Non-Competitive Price 100.02 0 100.19 100.13
Non-Competitive Bids Accepted        
(i) No. - - 12 11
(ii) Amount - - 89.103 46.506
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 7.1885 - 6.9237 6.8924
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 200 NIL 1000 500

  RAJASTHAN 2026 RAJASTHAN 2041 TAMILNADU 2056 TAMILNADU 2051
Notified Amount 500 1000 1000 1000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 5 20 Re-issue of 6.96% Tamil Nadu SDL 2056 issued on May 19, 2021 Re-issue of 6.96% Tamil Nadu SDL 2051 issued on May 19, 2021
Competitive Bids Received        
(i) No. 54 67 23 28
(ii) Amount 3454.97 5865 1895 2595
Cut-off Yield (%) 6.24 7.13 7.2863 7.2386
Competitive Bids Accepted        
(i) No. 5 3 12 10
(ii) Amount 489.973 964.788 999.911 999.905
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 31.086 60.2993 37.9644 15.3481
(ii) No. (2 bids) (3 bids) (1 bids) (2 bids)
Non - Competitive Bids Received        
(i) No. 4 6 1 1
(ii) Amount 10.027 35.212 0.089 0.095
Non-Competitive Price 100.23 100 96.58 97.35
Non-Competitive Bids Accepted        
(i) No. 4 6 1 1
(ii) Amount 10.027 35.212 0.089 0.095
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 6.1868 7.13 7.229 7.1756
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 500 1000 1000 1000

  TELANGANA 2051 UTTAR PRADESH 2031 UTTARAKHAND 2031 WEST BENGAL 2028
Notified Amount 1000 2500 700 2500
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 30 10 10 7
Competitive Bids Received        
(i) No. 31 175 76 132
(ii) Amount 3190 7359 2765 7980
Cut-off Yield (%) 7.18 6.94 6.94 6.79
Competitive Bids Accepted        
(i) No. 2 72 27 38
(ii) Amount 999.975 2344.027 666.245 2454.987
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 99.995 4.5003 11.8028 99.9957
(ii) No. (1 bids) (18 bids) (5 bids) (4 bids)
Non - Competitive Bids Received        
(i) No. 2 14 9 5
(ii) Amount 0.025 155.973 33.755 45.013
Non-Competitive Price 100.06 100.15 100.14 100.27
Non-Competitive Bids Accepted        
(i) No. 2 14 9 5
(ii) Amount 0.025 155.973 33.755 45.013
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 7.175 6.9189 6.9197 6.7402
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1000 2500 700 2500

  Total
Notified Amount 20600
Underwriting Notified Amount  
Tenure  
Competitive Bids Received  
(i) No. 1444
(ii) Amount 74636.77
Cut-off Yield (%)  
Competitive Bids Accepted  
(i) No. 433
(ii) Amount 19753.71
Partial Allotment Percentage of Competitive Bids  
(i) Percentage  
(ii) No.  
Non - Competitive Bids Received  
(i) No. 129
(ii) Amount 852.129
Non-Competitive Price  
Non-Competitive Bids Accepted  
(i) No. 127
(ii) Amount 846.287
Partial Allotment Percentage of Non-Competitive Bids  
(i) Percentage  
(ii) No.  
Weighted Average Yield (%)  
Amount of Underwriting accepted from Primary Dealers  
Devolvement on Primary Dealers  
Total Allotment Amount 20600
* Gujarat has accepted an additional amount of ₹500 crore in the 10 year Security.
** Maharashtra has accepted an additional amount of ₹500 crore in the 10 year Security.
*** Punjab has accepted NIL amount in the 20 year Security.

Ajit Prasad
Director   

Press Release: 2021-2022/442

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