The results of the auctions GoI Floating Rate Bond, 2024 (Re-issue), 6.79% Government Stock, 2027 (Re-issue), 7.73% Government Stock, 2034 (Re-issue) and 7.06% Government Stock, 2046 (Re-issue), held on August 11, 2017 are: | Auction Results | GoI Floating Rate Bond 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 | 41 | 184 | 106 | 75 | | (ii) Amount | ₹ 14,197.00 crore | ₹ 18,866.9810 crore | ₹ 7,785.00 crore | ₹ 5,535.00 crore | | IV. | Cut-off price / Yield
Implicit Yield at cut-off | ₹ 97.28
(YTM: 6.7471%) | ₹ 102.05
(YTM: 6.501%) | ₹ 106.42
(YTM: 7.08%) | ₹ 99.74
(YTM: 7.0801%) | | V. | Competitive Bids Accepted | | | | | | (i) Number | 6 | 81 | 1 | 1 | | (ii) Amount | ₹ 3,000.00 Crore | ₹ 7,993.85 Crore | ₹ 1,997.1950 crore | ₹ 1,988.50 crore | | VI. | Partial Allotment Percentage of Competitive Bids | 50
(1 Bid) | 59.98
(11 Bids) | 99.86
(1 Bid) | 99.43
(1 Bid) | | VII. | Weighted Average Price/Yield | ₹ 97.37 | ₹ 102.09 | ₹ 106.42 | ₹ 99.74 | | VIII. | Non-Competitive Bids Received | | | | | | (i) Number | 0 | 4 | 3 | 6 | | (ii) Amount | ₹ 0.00 Crore | ₹ 6.15 Crore | ₹ 2.8050 Crore | ₹ 11.50 Crore | | IX. | Non-Competitive Bids Accepted | | | | | | (i) Number | 0 | 4 | 3 | 6 | | (ii) Amount | ₹ 0.00 Crore | ₹ 6.15 Crore | ₹ 2.8050 Crore | ₹ 11.50 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 : 2017-2018/426 | |