OREANDA-NEWS. August 8, 2011. The results of the auctions of 8.07% Government Stock, 2017 (Re-issue), 8.13% Government Stock, 2022 (Re-issue) and 8.28% Government Stock, 2027 (Re-issue) held on August 5, 2011 are :

Auction Results

8.07% Government Stock, 2017

8.13% Government Stock, 2022

8.28% Government Stock, 2027

I.

Notified Amount

4000.00 Crore

5000.00 Crore

3000.00 Crore

II.

Underwriting Notified Amount

4000.00 Crore

5000.00 Crore

3000.00 Crore

III.

Competitive Bids Received

Number

Amount

101

9141.40 Crore

166

?13881.55 Crore

100

8629.35 Crore

IV.

Cut-off price

99.00 (YTM is 8.3002%)

98.12 (YTM is 8.3912%)

97.21 (YTM is 8.6013%)

V.

Competitive Bids Accepted

Number

Amount

30

3993.20 Crore

40

4985.33 Crore

40

2989.30 Crore

VI.

Partial Allotment Percentage of Competitive Bids

48.94 (4 Bids)

65.72 (3 Bids)

70.49 (2 Bids)

VII.

Weighted Average Price

99.00

98.12

97.21

VIII.

Non Competitive Bids Received

Number

Amount

4

6.80 Crore

6

14.67 Crore

6

10.70 Crore

IX.

Non- Competitive Bids Accepted

Number

Amount

Partial Allotment Percentage

4

6.80 Crore 100 (4 Bids)

6

14.67 Crore 100 (6 Bids)

6

10.70 Crore 100 (6 Bids)

X.

Amount of Underwriting accepted from primary dealers

4000.00 Crore

5000.00 Crore

3000.00 Crore

XI.

Devolvement on Primary Dealers

Nil

Nil

Nil