Result of Auction of State Development Loans of 11 State Governments - Full Auction Result

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Published on June 01, 2021

The Result of the auction of State Development Loans for 11 State Governments held on June 01, 2021.

Table
(₹ in crore)
	ANDHRA PRADESH 2041	ANDHRA PRADESH 2040	BIHAR 2027	HARYANA 2033
Notified Amount	1000	1000	2000	2000
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	20	19	6	12
Competitive Bids Received
(i) No.	56	62	96	125
(ii) Amount	3768	3993	9505	4430.5
Cut-off Yield (%)	7.04	7.04	6.45	6.95
Competitive Bids Accepted
(i) No.	14	18	17	74
(ii) Amount	994.998	994.997	1955.96	1860.738
Partial Allotment Percentage of Competitive Bids
(i) Percentage	36.4891	15.7893	11.4246	72.1587
(ii) No.	(8 bids)	(9 bids)	(5 bids)	(10 bids)
Non - Competitive Bids Received
(i) No.	2	2	5	13
(ii) Amount	5.002	5.003	44.04	139.262
Non-Competitive Price	100.01	100.12	100.1	100.3
Non-Competitive Bids Accepted
(i) No.	2	2	5	13
(ii) Amount	5.002	5.003	44.04	139.262
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	-
(ii) No.	-	-	-	-
Weighted Average Yield (%)	7.0389	7.0288	6.4294	6.9134
Amount of Underwriting accepted from Primary Dealers	NIL	NIL	NIL	NIL
Devolvement on Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1000	1000	2000	2000

	JAMMU AND KASHMIR 2036	KERALA 2034	MAHARASHTRA 2032	MAHARASHTRA 2031*
Notified Amount	800	1000	1000	1500
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	15	13	11	10
Competitive Bids Received
(i) No.	49	98	157	191
(ii) Amount	2685.5	3293.5	3902.75	8185
Cut-off Yield (%)	7.04	6.96	6.86	6.81
Competitive Bids Accepted
(i) No.	15	55	31	39
(ii) Amount	784.997	937.49	900	1800
Partial Allotment Percentage of Competitive Bids
(i) Percentage	32.499	31.9024	87.9121	31.8328
(ii) No.	(4 bids)	(9 bids)	(13 bids)	(16 bids)
Non - Competitive Bids Received
(i) No.	4	7	16	16
(ii) Amount	15.003	62.51	119.398	239.135
Non-Competitive Price	100.14	100.25	100.06	100.22
Non-Competitive Bids Accepted
(i) No.	4	7	16	16
(ii) Amount	15.003	62.51	100	200
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	83.7535	83.6348
(ii) No.	-	-	(16 bids)	(16 bids)
Weighted Average Yield (%)	7.0247	6.9307	6.8523	6.7797
Amount of Underwriting accepted from Primary Dealers	NIL	NIL	NIL	NIL
Devolvement on Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	800	1000	1000	2000

	NAGALAND 2031	RAJASTHAN 2030**	RAJASTHAN 2031	RAJASTHAN 2041
Notified Amount	250	500	1000	500
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	10	Re-issue of 7.03% Rajasthan SDL 2030 issued on February 12, 2020	10	20
Competitive Bids Received
(i) No.	28	39	80	21
(ii) Amount	860	1630	2590	1545
Cut-off Yield (%)	6.85	-	6.84	7.05
Competitive Bids Accepted
(i) No.	11	-	37	6
(ii) Amount	245.396	-	900	499.999
Partial Allotment Percentage of Competitive Bids
(i) Percentage	0.99	-	47.0588	45.631
(ii) No.	(3 bids)	-	(6 bids)	(4 bids)
Non - Competitive Bids Received
(i) No.	4	5	18	1
(ii) Amount	4.604	21.483	162.796	0.001
Non-Competitive Price	100.1	0	100.14	100.02
Non-Competitive Bids Accepted
(i) No.	4	-	18	1
(ii) Amount	4.604	-	100	0.001
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	61.4266	-
(ii) No.	-	-	(18 bids)	-
Weighted Average Yield (%)	6.8366	-	6.821	7.0485
Amount of Underwriting accepted from Primary Dealers	NIL	NIL	NIL	NIL
Devolvement on Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	250	0	1000	500

	TAMILNADU 2051	TAMILNADU 2046	TELANGANA 2041	WEST BENGAL 2028
Notified Amount	1500	1500	1000	3000
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	30	25	20	7
Competitive Bids Received
(i) No.	26	44	52	138
(ii) Amount	3345	2783	4083	10200
Cut-off Yield (%)	7.03	7.03	7.05	6.65
Competitive Bids Accepted
(i) No.	3	5	16	26
(ii) Amount	1497.749	1499.997	987.997	2893.992
Partial Allotment Percentage of Competitive Bids
(i) Percentage	49.8875	89.7008	1.8672	35.9985
(ii) No.	(2 bids)	(2 bids)	(8 bids)	(6 bids)
Non - Competitive Bids Received
(i) No.	2	1	3	8
(ii) Amount	2.251	0.003	12.003	106.008
Non-Competitive Price	100.04	100.04	100.26	100.3
Non-Competitive Bids Accepted
(i) No.	2	1	3	8
(ii) Amount	2.251	0.003	12.003	106.008
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	-
(ii) No.	-	-	-	-
Weighted Average Yield (%)	7.0267	7.027	7.0258	6.5957
Amount of Underwriting accepted from Primary Dealers	NIL	NIL	NIL	NIL
Devolvement on Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1500	1500	1000	3000

	Total
Notified Amount	19550
Underwriting Notified Amount
Tenure
Competitive Bids Received
(i) No.	1262
(ii) Amount	66799.25
Cut-off Yield (%)
Competitive Bids Accepted
(i) No.	367
(ii) Amount	18754.31
Partial Allotment Percentage of Competitive Bids
(i) Percentage
(ii) No.
Non - Competitive Bids Received
(i) No.	107
(ii) Amount	938.502
Non-Competitive Price
Non-Competitive Bids Accepted
(i) No.	102
(ii) Amount	795.69
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage
(ii) No.
Weighted Average Yield (%)
Amount of Underwriting accepted from Primary Dealers
Devolvement on Primary Dealers
Total Allotment Amount	19550
* Maharashtra has accepted an additional amount of ₹500 crore in the 10 year Security. ** Rajasthan has not accepted any amount for the reissue of 7.03% Rajasthan SDL 2030