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