OREANDA-NEWS. February 24, 2012. The results of the auctions of 8.19% Government Stock, 2020 (Re-issue), 9.15% Government Stock, 2024 (Re-issue) and 8.97% Government Stock, 2030 (Re-issue) held on February 24, 2012 are:

Auction Results

8.19% Government Stock, 2020

9.15% Government Stock, 2024

8.97% Government Stock, 2030

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

 

122

5522.50 Crore

 

236

11,884.93 Crore

 

152

7626.2250 Crore

IV.

Cut-off price

99.37 (YTM is 8.2979%)

106.52 (YTM is 8.3070%)

103.51 (YTM is 8.5877%)

V.

Competitive Bids Accepted

Number

Amount

 

77

2976.8950 Crore

 

141

5984.35 Crore

 

67

2987.1140 Crore

VI.

Partial Allotment Percentage of Competitive Bids

86.79 (1 Bid)

73.16 (10 Bids)

71.69 (1 Bid)

VII.

Weighted Average Price

99.37

106.52

103.51

VIII.

Non Competitive Bids Received

Number

Amount

 

6

23.1050 Crore

 

4

15.65 Crore

 

6

12.8860 Crore

IX.

Non- Competitive Bids Accepted

Number

Amount

Partial Allotment Percentage

 

6

23.1050 Crore 100 (6 Bids)

 

4

15.65 Crore 100 (4 Bids)

 

6

12.8860 Crore 100 (6 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