Seven-year Government Stock, 2006-Auction Results - ربی - Reserve Bank of India

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53595421

Seven-year Government Stock, 2006-Auction Results

The results of the auction of Seven-year Government Stock, 2006 held on April 9, 1999 are:

Auction Results

I.

Notified amount

Rs.3000.00 crore

 

 

 

 

 

 

II.

Bids received

 

 

 

(i)

Number

 

:

222

 

(ii)

Amount

 

:

Rs.8987.00 crore

 

 

 

 

III.

Cut-off Yield

  

 

 

(Coupon Rate)

:

11.68 per cent

  

IV.

Bids Accepted

 

(i)

Number

 

:

16

 

(ii)

Amount

 

:

Rs.3000.00 crore

 

 

 

 

 

 

V.

Partial Allotment Percentage

:

71.11

 

 

 

 

 

 

VI .

Devolvement on RBI

:

Nil

 

 

VII .

Devolvement on Primary
Dealers
(in fulfillment of underwriting commitment)

:

Nil

 

 

 

 

VIII.

Weighted Average Yield

:

11.67 per cent

 

N.S.D. Lobo
Asstt. Manager

Press Release : 1998-99/1274

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