OREANDA-NEWS. June 7, 2011. The Results of the auctions of 10-year State Development Loans, 2021 for Five State Governments held on June 7, 2011.

(in crore)

 

Jammu & Kashmir *

Nagaland

Tamil Nadu *

Tripura

West Bengal

Total

Notified Amount

575.000

100.000

800.000

50.000

3,000.000

4,525.000

Underwriting Notified Amount

Nil

Nil

Nil

Nil

Nil

Nil

Competitive Bids Received

No.

Amount

24

1,075.000

6

235.000

92

3,059.350

7

200.000

110 6,598.000

11,167.350

Cut-off Yield

8.61%

8.60%

8.59%

8.60%

8.60%

 

Competitive Bids Accepted

No.

Amount

11

699.000

2

100.000

31 980.320

3

50.000

35

2,996.000

4,825.320

Partial Allotment Percentage of Competitive Bids

Percentage

No.

87.44 3

50.00 2

59.39 9

33.33 3

60.90 16

 

Non-Competitive Bids Received

No.

Amount

1

1.000

Nil Nil

6

19.680

Nil Nil

2

4.000

24.680

Non-Competitive Bids Accepted

No.

Amount

1

1.000

Nil Nil

6

19.680

Nil Nil

2

4.000

24.680

Partial Allotment Percentage of Non-Competitive Bids

Percentage

No.

100.00 1

Nil Nil

100.00 6

Nil Nil

100.00 2

 

Weighted Average Yield (%)

8.6052

8.6000

8.5851

8.6000

8.5964

 

Total Amount Accepted

700.000

100.000

1,000.000

50.000

3,000.000

4,850.000

*Government of Jammu & Kashmir and Tamil Nadu have exercised the green shoe option and retained additional subscription of Rs.125.000 crore and 200.000 crore respectively.