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Date : Nov 21, 2001
5 year Government of India Floating Rate Bond - Auction Results

The results of the auction of 5 year Government of India Floating Rate Bond Auction held on November 21, 2001 are :

 

Auction Results

 

 

I.

Notified amount

Rs.2000.00 crore

 

 

 

 

 

 

II.

Bids received

 

 

 

 (i)

 

Number

:

214

 

 (ii)

 

Amount

:

Rs.10315.00 crore

 

 

 

 

III.

Cut-off Mark-up

:

-0.05 per cent

 

 

 

(minus 0.05%)

    

IV.

Base rate for Ist half-year

:

7.06% p.a

 

 

 

 

V.

Rate of Interest for
Ist half-year (III+IV)

:

7.01% p.a

 

 

VI.

Bids accepted -

 

 (i)

 

Number

:

7

 

 (ii)

 

Amount

:

Rs.2000.00 crore

 

 

 

 

 

 

VII.

Partial Allotment Percentage

:

95.24 (3 bids)

 

 

 

 

 

 

VIII.

Devolvement on Primary Dealers

:

Nil

 

(in fulfillment of underwriting commitment)

 

 

 

 

IX

Devolvement on RBI

:

Nil

 

 

 

 

Ajit Prasad
Manager

Press Release : 2001-02/602


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