The results of the auctions GoI Floating Rate Bond 2024 (Re-issue), 6.79% Government Stock, 2027 (Re-issue), 7.73% Government Stock, 2034 (Re-issue) and 7.06% Government Stock, 2046 (Re-issue), held on July 28, 2017 are: | Auction Results | GoI Floating Rate Bond 2024 | 6.79% Government Stock, 2027 | 7.73% Government Stock, 2034 | 7.06% Government Stock, 2046 | | I. | Notified Amount | ₹ 3,000.00 Crore | ₹ 8,000.00 Crore | ₹ 2,000.00 Crore | ₹ 2,000.00 Crore | | II. | Underwriting Notified Amount | ₹ 3,000.00 Crore | ₹ 8,000.00 Crore | ₹ 2,000.00 Crore | ₹ 2,000.00 Crore | | III. | Competitive Bids Received | | | | | | (i) Number | 43 | 200 | 129 | 114 | | (ii) Amount | ₹ 12,550.00 crore | ₹ 33,970.9810 crore | ₹ 9,901.2620 crore | ₹ 7,506.00 crore | | IV. | Cut-off price / Yield
Implicit Yield at cut-off | ₹ 97.35
(YTM: 6.7672%) | ₹ 102.52
(YTM: 6.4373%) | ₹ 106.70
(YTM: 7.054%) | ₹ 99.99
(YTM: 7.0596%) | | V. | Competitive Bids Accepted | | | | | | (i) Number | 4 | 12 | 42 | 7 | | (ii) Amount | ₹ 2,997.40 Crore | ₹ 7,988.50 Crore | ₹ 1,987.9270 crore | ₹ 1,983.50 crore | | VI. | Partial Allotment Percentage of Competitive Bids | 93.16
(2 Bids) | 63.13
(7 Bids) | 6.04
(9 Bids) | 88.07
(2 Bids) | | VII. | Weighted Average Price/Yield | ₹ 97.38 | ₹ 102.52 | ₹ 106.79 | ₹ 100.00 | | VIII. | Non-Competitive Bids Received | | | | | | (i) Number | 2 | 6 | 8 | 10 | | (ii) Amount | ₹ 2.60 Crore | ₹ 11.50 Crore | ₹ 12.073 Crore | ₹ 16.50 Crore | | IX. | Non-Competitive Bids Accepted | | | | | | (i) Number | 2 | 6 | 8 | 10 | | (ii) Amount | ₹ 2.60 Crore | ₹ 11.50 Crore | ₹ 12.073 Crore | ₹ 16.50 Crore | | (iii) Partial Allotment Percentage | 100 (0 Bids) | 100 (0 Bids) | 100 (0 Bids) | 100 (0 Bids) | | X. | Amount of Underwriting accepted from primary dealers | ₹ 3,000.00 Crore | ₹ 8,000.00 Crore | ₹ 2,000.00 Crore | ₹ 2,000.00 Crore | | XI. | Devolvement on Primary Dealers | ₹ 0.00 | ₹ 0.00 | ₹ 0.00 | ₹ 0.00 | Ajit Prasad
Assistant Adviser Press Release : 2017-2018/274 | |