Results of Auctions State Development Loans of 10 State Governments / Union Territories - Full Auction Result

Press Releases Marquee

Published on July 14, 2020

The Results of the auctions of State Development Loans for 10 State Governments / Union Territories held on July 14, 2020.

Table
(₹ in crore)
	ANDHRA PRADESH 2032	GOA 2030	HARYANA 2023¹	KARNATAKA 2026
Notified Amount	1000	100	1500	1000
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	12	10	3	6
Competitive Bids Received
(i) No.	122	45	58	125
(ii) Amount	3920	1050	6105	9745
Cut-off Yield (%)	6.48	6.41	4.4	5.7
Competitive Bids Accepted
(i) No.	46	8	4	15
(ii) Amount	900	95.5	1985	905
Partial Allotment Percentage of Competitive Bids
(i) Percentage	-	58.5714	97	63.7931
(ii) No.	-	(3 bids)	(1 bids)	(2 bids)
Non-Competitive Bids Received
(i) No.	14	3	1	5
(ii) Amount	190.7	4.5	15	95
Non-Competitive Price	100.25	100.12	100.04	100.42
Non-Competitive Bids Accepted
(i) No.	14	3	1	5
(ii) Amount	100	4.5	15	95
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	52.4384	-	-	-
(ii) No.	(14 bids)	-	-	-
Weighted Average Yield (%)	6.4501	6.3932	4.3849	5.6157
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1000	100	2000	1000

	MADHYA PRADESH 2035	MAHARASHTRA 2023²	MANIPUR 2030	RAJASTHAN 2050
Notified Amount	1000	2000	150	500
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	15	3	10	30
Competitive Bids Received
(i) No.	79	69	32	29
(ii) Amount	3500	7760	1130	2750
Cut-off Yield (%)	6.52	4.39	6.42	6.55
Competitive Bids Accepted
(i) No.	52	5	9	9
(ii) Amount	926.5	2974	144.2	483
Partial Allotment Percentage of Competitive Bids
(i) Percentage	27.8947	90.7077	97.3333	42.3365
(ii) No.	(5 bids)	(3 bids)	(2 bids)	(6 bids)
Non-Competitive Bids Received
(i) No.	8	3	4	3
(ii) Amount	73.5	26	5.8	17
Non-Competitive Price	100.39	100.02	100.12	100.02
Non-Competitive Bids Accepted
(i) No.	8	3	4	3
(ii) Amount	73.5	26	5.8	17
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	-
(ii) No.	-	-	-	-
Weighted Average Yield (%)	6.4794	4.3816	6.4037	6.5488
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1000	3000	150	500

	RAJASTHAN 2055³	TAMILNADU 2030⁴	WEST BENGAL 2035	Total
Notified Amount	500	2000	1500	11250
Underwriting Notified Amount	NIL	NIL	NIL
Tenure	35	10	15
Competitive Bids Received
(i) No.	20	240	77	896
(ii) Amount	2625	14277	3408	56270
Cut-off Yield (%)	6.55	6.41	6.54
Competitive Bids Accepted
(i) No.	3	55	53	259
(ii) Amount	990	2250	1393.75	13046.95
Partial Allotment Percentage of Competitive Bids
(i) Percentage	96.5854	92.4812	9.6094
(ii) No.	(3 bids)	(14 bids)	(6 bids)
Non-Competitive Bids Received
(i) No.	1	16	9	67
(ii) Amount	10	486.2	106.25	1029.95
Non-Competitive Price	100	100.06	100.31
Non-Competitive Bids Accepted
(i) No.	1	16	9	67
(ii) Amount	10	250	106.25	703.05
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	51.4192	-
(ii) No.	-	(16 bids)	-
Weighted Average Yield (%)	6.55	6.4019	6.5071
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL
Total Allotment Amount	1000	2500	1500	13750
¹Haryana has accepted an additional amount of ₹ 500 cr. ²Maharashtra has accepted an additional amount of ₹ 1000 cr. ³Rajasthan has accepted an additional amount of ₹ 500 cr. in the 35 year security ⁴Tamil Nadu has accepted an additional amount of ₹ 500 cr.