OREANDA-NEWS. August 19, 2011. The results of the auctions of 8.07% Government Stock, 2017 (Re-issue), 8.08% Government Stock, 2022 (Re-issue) and 8.28% Government Stock, 2032 (Re-issue) held on August 18, 2011 are :

Auction Results

8.07% Government Stock, 2017

8.08% Government Stock, 2022

8.28% Government Stock, 2032

I.

Notified Amount

3000.00 Crore

4000.00 Crore

3000.00 Crore

II.

Underwriting Notified Amount

3000.00 Crore

4000.00 Crore

3000.00 Crore

III.

Competitive Bids Received

Number

Amount

83

6672.00 Crore

226

?10256.60 Crore

94

7267.46 Crore

IV.

Cut-off price

99.04 (YTM is 8.2911%)

97.68 (YTM is 8.4072%)

96.95 (YTM is 8.5988%)

V.

Competitive Bids Accepted

Number

Amount

31

2998.00 Crore

72

3987.21 Crore

49

2990.7030 Crore

VI.

Partial Allotment Percentage of Competitive Bids

47.30 (4 Bids)

99.35 (1 Bid)

62.82 (2 Bids)

VII.

Weighted Average Price

99.04

97.68

96.95

VIII.

Non Competitive Bids Received

Number

Amount

1

2.00 Crore

7

12.79 Crore

5

9.2970 Crore

IX.

Non- Competitive Bids Accepted

Number

Amount

Partial Allotment Percentage

1

2.00 Crore 100 (1 Bid)

7

12.79 Crore 100 (7 Bids)

5

9.2970 Crore 100 (5 Bids)

X.

Amount of Underwriting accepted from primary dealers

3000.00 Crore

4000.00 Crore

3000.00 Crore

XI.

Devolvement on Primary Dealers

Nil

Nil

Nil