Government Stock – Full Auction Results

The results of the auctions of 6.65 % Government Stock, 2020 (Re-issue), GOI Floating Rate Bond, 2024 (Re-issue), 7.17 % Government Stock, 2028 (Re-issue) 6.57 % Government Stock, 2033 (Re-issue) and 7.72% Government Stock, 2055 (Re-issue) held on April 20, 2018 are :

Auction Results 6.65% Government Stock, 2020 GOI FRB 2024 7.17 % Government Stock, 2028 6.57 % Government Stock, 2033 7.72 % Government Stock, 2055
I. Notified Amount ₹ 2,000.00 Crore ₹ 3,000.00 Crore ₹ 3,000.00 Crore ₹ 1,000.00 Crore ₹ 3,000.00 Crore
II. Underwriting Notified Amount ₹ 2,000.00 Crore ₹ 3,000.00 Crore ₹ 3,000.00 Crore ₹ 1,000.00 Crore ₹ 3,000.00 Crore
III. Competitive Bids Received          
(i) Number 58 44 137 43 96
(ii) Amount ₹ 4,661.00 crore ₹ 5,869.00 crore ₹ 9,727.50 crore ₹ 2,779.00 crore ₹ 7,787.00 crore
IV. Cut-off price / Yield ₹ 99.09
(YTM : 7.1532%)
₹ 96.52
(YTM: 6.9794%)
₹ 95.96
(YTM : 7.7678%)
₹ 87.69
(YTM: 7.9596%)
₹ 97.15
(YTM: 7.9596%)
V. Competitive Bids Accepted          
(i) Number 19 19 48 4 39
(ii) Amount ₹ 1,600.00 Crore ₹ 3,000.00 Crore ₹ 2,976.50 crore ₹ 995.75 crore ₹ 2,991.45 crore
VI. Partial Allotment Percentage of Competitive Bids 0
(0 Bids)
35
(1 Bid)
98.06
(4 Bids)
95.08
(1 Bid)
81.69
(2 Bids)
VII. Weighted Average Price/Yield ₹ 99.15 ₹ 96.77 ₹ 96.04 ₹ 87.70 ₹ 97.24
VIII. Non-Competitive Bids Received          
(i) Number 1 0 6 3 6
(ii) Amount ₹ 2.00 Crore ₹ 0.00 Crore ₹ 23.50 Crore ₹ 4.25 Crore ₹ 8.55 Crore
IX. Non-Competitive Bids Accepted          
(i) Number 1 0 6 3 6
(ii) Amount ₹ 2.00 Crore ₹ 0.00 Crore ₹ 23.50 Crore ₹ 4.25 Crore ₹ 8.55 Crore
(iii) Partial Allotment Percentage 100 (0 Bids) 100 (0 Bids) 100 (0 Bids) 100 (0 Bids) 100 (0 Bids)
X. Amount of Underwriting accepted from primary dealers ₹ 2,000.00 Crore ₹ 3,000.00 Crore ₹ 3,000.00 Crore ₹ 1,000.00 Crore ₹ 3,000.00 Crore
XI. Devolvement on Primary Dealers ₹ 398.00 ₹ 0.00 ₹ 0.00 ₹ 0.00 ₹ 0.00

Ajit Prasad
Assistant Adviser

Press Release : 2017-2018/2797

Source: RBI Press Releases

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