5.69% Government Stock, 2018 - Auction Results

Auction Results

5.69% Government Stock, 2018

I.

Notified amount

: 

Rs.5000.00 crore

II.

Bids received

A. Competitive bids

(i)

Number

:

335

(ii)

Amount

:

Rs.11448.419 crore

B. Non-competitive bids

(i)

Number

:

24

(ii)

Amount

:

Rs.350.935 crore

III.

Cut-off price

:

Rs.103.51

(YTM)

(5.3452%)

IV.

Competitive bids accepted

 (a)

(i)

Number

:

85

(ii)

Amount

:

Rs.4750.00 crore

 (b)

  Partial Allotment Percentage

:

89.89 (11 bids)

V.

Amount of underwriting accepted from the Primary Dealers

:

Rs.1750.00 crore

VI .

Devolvement on Primary Dealers
(in fulfillment of underwriting commitment)

:

Nil

VII .

Devolvement on RBI

:

Nil

VIII.

Weighted Average Price

:

Rs. 103.63

IX.

Non-competitive bids accepted

(a)

(i)

Number

:

24

(ii)

Amount

:

Rs.250.00 crore

(b)

Partial Allotment Percentage

:

71.24 (24 bids)