Government Stock – Full Auction Results

The results of the auctions of 7.68 % Government Stock, 2023 (Re-issue), 7.59% Government Stock, 2026 (Re-issue), 7.5% Government Stock, 2034 (Re-issue) and 7.72% Government Stock, 2055 (Re-issue) held on June 30, 2016 are:

Auction Results 7.68% Government Stock 2023 7.59% Government Stock, 2026 7.5% Government Stock, 2034 7.72% Government Stock, 2055
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 194 198 115 96
(ii) Amount ₹ 21,442.00 crore ₹ 23,023.50 crore ₹ 7,536.25 crore ₹ 7,358.00 crore
IV. Cut-off price / Yield ₹ 100.85
(YTM: 7.5279%)
₹ 100.93
(YTM: 7.4514%)
₹ 98.12
(YTM: 7.6929%)
₹ 99.62
(YTM: 7.7496%)
V. Competitive Bids Accepted        
(i) Number 10 86 30 58
(ii) Amount ₹ 2,995.00 Crore ₹ 7,992.00 Crore ₹ 1,988.50 crore ₹ 2,000.00 crore
VI. Partial Allotment Percentage of Competitive Bids 57.56
(8 Bids)
0.32
(25 Bids)
87.24
(6 Bids)
25.00
(2 Bids)
VII. Weighted Average Price/Yield ₹ 101.86 ₹ 100.95 ₹ 98.15 ₹ 99.90
VIII. Non-Competitive Bids Received        
(i) Number 3 5 9 0
(ii) Amount ₹ 5.00 Crore ₹ 8.00 Crore ₹ 11.50 Crore ₹ 0.00 Crore
IX. Non-Competitive Bids Accepted        
(i) Number 3 5 9 0
(ii) Amount ₹ 5.00 Crore ₹ 8.00 Crore ₹ 11.50 Crore ₹ 0.00 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 : 2015-2016/3049