17 Year Government Stock - Auction Results - ربی - Reserve Bank of India

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17 Year Government Stock - Auction Results

The results of the auction of 17 Year Government Stock held on April 27, 2001 are :

 

Auction Results

 

 

I.

Notified amount

Rs.2000.00 crore

 

 

 

 

 

 

II.

Bids received

 

 

 

 (i)

 Number

:

257

 

 (ii)

 Amount

:

Rs. 8287.00 crore

 

 

 

 

III.

Cut-off Yield (Coupon rate)

:

Rs.10.45

 

 

IV.

Bids accepted

 

 (i)

 Number

:

25

 

 (ii)

 Amount

:

Rs. 2000.00 crore

 

 

 

 

 

 

V.

Partial Allotment Percentage

:

72.51 (13 bids)

 

 

 

 

 

 

VI.

Devolvement on Primary Dealers

:

Nil

 

(in fulfillment of underwriting commitment)

 

 

 

 

 

 

VII.

Devolvement on RBI

:

Nil

 

 

VIII.

Weighted Average yield

:

Rs.10.43 percent

N.L. Rao
Asst. Manager

Press Release : 2000-01/1479

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