The results of the auctions GoI FRB, 2024 (Re-issue), 6.79% Government Stock, 2027 (New), 7.73% Government Stock, 2034 (Re-issue) and 7.06% Government Stock, 2046 (Re-issue), held on May 12, 2017 are: | Auction Results | GoI FRB 2024 | 6.79% Government Stock, 2027 | 7.73% Government Stock, 2034 | 7.06% Government Stock 2046 | | 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 | 62 | 274 | 74 | 40 | | (ii) Amount | ₹ 13,410.00 crore | ₹ 52,881.40 crore | ₹ 5,723.00 crore | ₹ 4,688.00 crore | | IV. | Cut-off price / Yield
Implicit Yield at cut-off | ₹ 96.90
(YTM: 6.8313%) | ₹ 6.79
| ₹ 102.71
(YTM: 7.45%) | ₹ 95.02
(YTM: 7.4803%) | | V. | Competitive Bids Accepted | | | | | | (i) Number | 7 | 87 | 2 | 3 | | (ii) Amount | ₹ 2,996.00 Crore | ₹ 7,945.40 Crore | ₹ 1,987.65 crore | ₹ 1,997.00 crore | | VI. | Partial Allotment Percentage of Competitive Bids | 91.33
(2 Bids) | 25.13
(51 Bids) | 96.88
(1 Bid) | 97.11
(2 Bids) | | VII. | Weighted Average Price/Yield | ₹ 96.95 | ₹ 6.782 | ₹ 102.71 | ₹ 95.02 | | VIII. | Non-Competitive Bids Received | | | | | | (i) Number | 2 | 13 | 6 | 3 | | (ii) Amount | ₹ 4.00 Crore | ₹ 54.60 Crore | ₹ 12.35 Crore | ₹ 3.00 Crore | | IX. | Non-Competitive Bids Accepted | | | | | | (i) Number | 2 | 13 | 6 | 3 | | (ii) Amount | ₹ 4.00 Crore | ₹ 54.60 Crore | ₹ 12.35 Crore | ₹ 3.00 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 : 2016-2017/3057 | |