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 6.62% Government Stock, 2051 (Re-issue), held on September 08, 2017 are: | Auction Results | GoI Floating Rate Bond, 2024 | 6.79% Government Stock, 2027 | 7.73% Government Stock, 2034 | 6.62% Government Stock, 2051 | | 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 | 34 | 176 | 138 | 73 | | (ii) Amount | ₹ 12,113.00 crore | ₹ 27,546.00 crore | ₹ 11,003.00 crore | ₹ 6,203.00 crore | | IV. | Cut-off price / Yield
Implicit Yield at cut-off | ₹ 97.40
(YTM: 6.6801%) | ₹ 101.95
(YTM: 6.5135%) | ₹ 106.30
(YTM: 7.09%) | ₹ 93.48
(YTM: 7.1303%) | | V. | Competitive Bids Accepted | | | | | | (i) Number | 3 | 30 | 3 | 1 | | (ii) Amount | ₹ 2,998.00 Crore | ₹ 7,992.50 Crore | ₹ 1,987.8310 crore | ₹ 1,992.50 crore | | VI. | Partial Allotment Percentage of Competitive Bids | 66.53
(1 Bid) | 58.2
(15 Bids) | 95.56
(2 Bids) | 99.63
(1 Bid) | | VII. | Weighted Average Price/Yield | ₹ 97.42 | ₹ 101.96 | ₹ 106.30 | ₹ 93.48 | | VIII. | Non-Competitive Bids Received | | | | | | (i) Number | 1 | 5 | 5 | 5 | | (ii) Amount | ₹ 2.00 Crore | ₹ 7.50 Crore | ₹ 12.1690 Crore | ₹ 7.50 Crore | | IX. | Non-Competitive Bids Accepted | | | | | | (i) Number | 1 | 5 | 5 | 5 | | (ii) Amount | ₹ 2.00 Crore | ₹ 7.50 Crore | ₹ 12.1690 Crore | ₹ 7.50 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 : 2017-2018/678 | |