OREANDA-NEWS. August 15, 2011. The results of the auctions of 7.83% Government Stock, 2018 (Re-issue), 7.80% Government Stock, 2021 (Re-issue) and 8.30% Government Stock, 2040 (Re-issue) held on August 12, 2011 are :

Auction Results

7.83% Government Stock, 2018

7.80% Government Stock, 2021

8.30% Government Stock, 2040

I.

Notified Amount

3000.00 Crore

6000.00 Crore

3000.00 Crore

II.

Underwriting Notified Amount

3000.00 Crore

6000.00 Crore

3000.00 Crore

III.

Competitive Bids Received

Number

Amount

125

5718.50 Crore

232

10592.50 Crore

89

6874.15 Crore

IV.

Cut-off price

97.67 (YTM is 8.2893%)

96.85 (YTM is 8.2777%)

96.92 (YTM is 8.5886%)

V.

Competitive Bids Accepted

Number

Amount

83

2982.05 Crore

155

5981.2250 Crore

36

2990.49 Crore

VI.

Partial Allotment Percentage of Competitive Bids

12.71 (7 Bids)

59.29 (8 Bids)

56.45 (1 Bid)

VII.

Weighted Average Price

97.67

96.85

96.92

VIII.

Non Competitive Bids Received

Number

Amount

7

17.95 Crore

7

18.7750 Crore

8

9.51 Crore

IX.

Non- Competitive Bids Accepted

Number

Amount

Partial Allotment Percentage

7

17.95 Crore 100 (7 Bids)

7

18.7750 Crore 100 (7 Bids)

8

9.51 Crore 100 (8 Bids)

X.

Amount of Underwriting accepted from primary dealers

3000.00 Crore

6000.00 Crore

3000.00 Crore

XI.

Devolvement on Primary Dealers

Nil

Nil

Nil