The results of the auctions GOI Floating Rate Bond 2024 (Re-issue), 6.79% Government Stock, 2029 (Re-issue), 6.57% Government Stock, 2033 (Re-issue) and 6.62% Government Stock, 2051 (Re-issue), held on April 21, 2017 are: | Auction Results | GOI Floating Rate Bond 2024 | 6.79% Government Stock, 2029 | 6.57% Government Stock, 2033 | 6.62% Government Stock 2051 | | I. | Notified Amount | ₹ 3,000.00 Crore | ₹ 7,000.00 Crore | ₹ 2,000.00 Crore | ₹ 3,000.00 Crore | | II. | Underwriting Notified Amount | ₹ 3,000.00 Crore | ₹ 7,000.00 Crore | ₹ 2,000.00 Crore | ₹ 3,000.00 Crore | | III. | Competitive Bids Received | | | | | | (i) Number | 57 | 303 | 92 | 47 | | (ii) Amount | ₹ 16,477.00 crore | ₹ 22,289.50 crore | ₹ 6,298.00 crore | ₹ 6,492.00 crore | | IV. | Cut-off price / Yield
Implicit Yield at cut-off | ₹ 96.50
(YTM: 6.7836%) | ₹ 97.02
(YTM: 7.1498%) | ₹ 92.04
(YTM: 7.4097%) | ₹ 89.74
(YTM: 7.4497%) | | V. | Competitive Bids Accepted | | | | | | (i) Number | 6 | 98 | 12 | 1 | | (ii) Amount | ₹ 3,000.00 Crore | ₹ 6,964.75 Crore | ₹ 1,986.00 crore | ₹ 2,996.74 crore | | VI. | Partial Allotment Percentage of Competitive Bids | 57.14%
(2 Bids) | 53.5%
(10 Bids) | 86.88
(3 Bids) | 99.89
(1 Bid) | | VII. | Weighted Average Price/Yield | ₹ 96.64 | ₹ 97.08 | ₹ 92.05 | ₹ 89.74 | | VIII. | Non-Competitive Bids Received | | | | | | (i) Number | 0 | 16 | 6 | 2 | | (ii) Amount | ₹ 0.00 Crore | ₹ 35.25 Crore | ₹ 14.00 Crore | ₹ 3.26 Crore | | IX. | Non-Competitive Bids Accepted | | | | | | (i) Number | 0 | 16 | 6 | 2 | | (ii) Amount | ₹ 0.00 Crore | ₹ 35.25 Crore | ₹ 14.00 Crore | ₹ 3.26 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 | ₹ 7,000.00 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 : 2016-2017/2857 | |