The results of the auctions of GOI Floating Rate Bond, 2024 (Re-issue), 6.79% Government Stock, 2027 (Re-issue), 7.73% Government Stock, 2034 (Re-issue) and 7.72% Government Stock, 2055 (Re-issue), held on November 17, 2017 are: | Auction Results | GOI Floating Rate Bond, 2024 | 6.79% Government Stock, 2027 | 7.73% Government Stock, 2034 | 7.72% Government Stock 2055 | | 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 | 33 | 154 | 74 | 38 | | (ii) Amount | ₹ 9,502.00 crore | ₹ 28,195.00 crore | ₹ 4,605.00 crore | ₹ 4,597.00 crore | | IV. | Cut-off price / Yield
Implicit Yield at cut-off | ₹ 97.35
(YTM: 6.6623%) | ₹ 98.76
(YTM: 6.9706%) | ₹ 102.51
(YTM: 7.4666%) | ₹ 103.91
(YTM: 7.4101%) | | V. | Competitive Bids Accepted | | | | | | (i) Number | 4 | 11 | 41 | 1 | | (ii) Amount | ₹ 3,000.00 Crore | ₹ 7,995.51 Crore | ₹ 1,979.25 crore | ₹ 2,000.00 crore | | VI. | Partial Allotment Percentage of Competitive Bids | 33.33
(1 Bid) | 84.33
(4 Bids) | 48.5
(1 Bid) | 0.00
(0 Bid) | | VII. | Weighted Average Price/Yield | ₹ 97.39 | ₹ 98.77 | ₹ 102.71 | ₹ 103.91 | | VIII. | Non-Competitive Bids Received | | | | | | (i) Number | 0 | 6 | 7 | 0 | | (ii) Amount | ₹ 0.00 Crore | ₹ 4.49 Crore | ₹ 20.75 Crore | ₹ 0.00 Crore | | IX. | Non-Competitive Bids Accepted | | | | | | (i) Number | 0 | 6 | 7 | 0 | | (ii) Amount | 0.00 Crore | 4.49 Crore | 20.75 Crore | 0.00 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 : 2017-2018/1370 | |