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Results for Switch/Conversion auction of Government Securities held on June 17, 2019

A. Source Security 6.65% GS 2020 7.80% GS 2020 8.27% GS 2020 7.35% GS 2024 8.40% GS 2024
B. Notified Amount ₹ 3,000 crore ₹ 3,000 crore ₹ 3,000 crore ₹ 3,000 crore ₹ 3,000 crore
Destination Security/ies 7.57% GS 2033 7.57% GS 2033 7.57% GS 2033 7.26% GS 2029 7.26% GS 2029
C. i. No. of offers received 10 4 16 3 14
ii. Total amount of Source Security offered (Face value) ₹ 1,800 crore ₹ 1,200 crore ₹ 2,790 crore ₹ 1,375 crore ₹ 2,037 crore
iii. No of offers accepted 4 3 4 3 6
iv. Total amount of source security accepted (Face value) ₹ 1,000 crore ₹ 1,000 crore ₹ 1,100 crore ₹ 1,375 crore ₹ 1,090 crore
v. Total amount of destination security issued (Face value) ₹ 967.151 crore ₹ 977.157 crore ₹ 1080.435 crore ₹ 1375.644 crore ₹ 1136.942 crore
vi. Cut-off Switch ratio 0.96817744 0.97744143 0.98284337 1.00048924 1.04354207

Ajit Prasad
Assistant Adviser

Press Release : 2018-2019/2963

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