The results of the auctions New Government Stock 2023 (New), 6.68% Government Stock, 2031 (Re-issue), 7.73% Government Stock, 2034 (Re-issue) and 7.06% Government Stock, 2046 (Re-issue), held on April 13, 2018 are: Auction Results | New Government Stock, 2023 | 6.68% Government Stock, 2031 | 7.73% Government Stock, 2034 | 7.06% Government Stock, 2046 | I. | Notified Amount | ₹ 3,000.00 Crore | ₹ 4,000.00 Crore | ₹ 2,000.00 Crore | ₹ 3,000.00 Crore | II. | Underwriting Notified Amount | ₹ 3,000.00 Crore | ₹ 4,000.00 Crore | ₹ 2,000.00 Crore | ₹ 3,000.00 Crore | III. | Competitive Bids Received | | | | | (i) Number | 142 | 168 | 51 | 49 | (ii) Amount | ₹ 13,835.00 crore | ₹ 14,024.00 crore | ₹ 5,323.50 crore | ₹ 6,976.50 crore | IV. | Cut-off price / Yield Implicit Yield at cut-off | (YTM: 7.37%)
| ₹ 91.16 (YTM: 7.7502%) | ₹ 100.08 (YTM: 7.7196%) | ₹ 92.44 (YTM: 7.7197%) | V. | Competitive Bids Accepted | | | | | (i) Number | 48 | 3 | 1 | 2 | (ii) Amount | ₹ 3,000.00 Crore | ₹ 3,996.45 Crore | ₹ 1,998.90 crore | ₹ 2,998.00 crore | VI. | Partial Allotment Percentage of Competitive Bids | 80.46 (12 Bid) | 98.67 (2 Bids) | 99.95 (1 Bid) | 98.27 (1 Bid) | VII. | Weighted Average Price/Yield | 7.3554% | ₹ 91.16 | ₹ 100.08 | ₹ 92.44 | VIII. | Non-Competitive Bids Received | | | | | (i) Number | 0 | 4 | 2 | 1 | (ii) Amount | ₹ 0.00 Crore | ₹ 3.55 Crore | ₹ 1.10 Crore | ₹ 2.00 Crore | IX. | Non-Competitive Bids Accepted | | | | | (i) Number | 0 | 4 | 2 | 1 | (ii) Amount | ₹ 0.00 Crore | ₹ 3.55 Crore | ₹ 1.10 Crore | ₹ 2.00 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 | ₹ 4,000.00 Crore | ₹ 2,000.00 Crore | ₹ 3,000.00 Crore | XI. | Devolvement on Primary Dealers | ₹ 0.00 | ₹ 0.00 | ₹ 0.00 | ₹ 0.00 | Ajit Prasad Assistant Adviser Press Release : 2017-2018/2726 | |