OREANDA-NEWS. July 22, 2011. The results of the auctions of 8.07% Government Stock, 2017 (Re-issue), 8.08% Government Stock, 2022 (Re-issue) and 8.28% Government Stock, 2027 (Re-issue) held on July 22, 2011 are :

Auction Results

8.07% Government Stock, 2017

8.08% Government Stock, 2022

8.28% Government Stock, 2027

I.

Notified Amount

 4000.00 Crore

 5000.00 Crore

 3000.00 Crore

II.

Underwriting Notified Amount

 4000.00 Crore

 5000.00 Crore

 3000.00 Crore

III.

Competitive Bids Received

Number

Amount

 

112

 8539.0750 Crore

 

224

10066.67 Crore

 

93

 7360.0790 Crore

IV.

Cut-off price

 98.87 (YTM is 8.3303%)

 97.46 (YTM is 8.4381%)

 97.05 (YTM is 8.6195%)

V.

Competitive Bids Accepted

Number

Amount

 

58

 3985.80 Crore

 

147

 4982.8250 Crore

 

58

 2986.26 Crore

VI.

Partial Allotment Percentage of Competitive Bids

59.62 (5 Bids)

47.54 (7 Bids)

10.46 (2 Bids)

VII.

Weighted Average Price

 98.87

 97.46

 97.05

VIII.

Non Competitive Bids Received

Number

Amount

 

5

 14.20 Crore

 

8

 17.1750 Crore

 

8

 13.74 Crore

IX.

Non- Competitive Bids Accepted

Number

Amount

Partial Allotment Percentage

 

5

 14.20 Crore

100 (5 Bids)

 

8

 17.1750 Crore

100 (8 Bids)

 

8

 13.74 Crore

100 (8 Bids)

X.

Amount of Underwriting accepted from primary dealers

 4000.00 Crore

 5000.00 Crore

 3000.00 Crore

XI.

Devolvement on Primary Dealers

Nil

Nil

Nil