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

Press Releases Marquee

Published on August 25, 2020

The Results of the auctions of State Development Loans for 10 State Governments / Union Territories held on August 25, 2020.

Table
(₹ in crore)
	ANDHRA PRADESH 2040	BIHAR 2023	GOA 2030	GUJARAT 2030¹
Notified Amount	250	2000	100	1500
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	20	3	10	10
Competitive Bids Received
(i) No.	19	25	20	160
(ii) Amount	1200	4780	500	5965
Cut-off Yield (%)	6.77	5.1	6.68	6.65
Competitive Bids Accepted
(i) No.	2	6	5	22
(ii) Amount	249.75	1945	100	1800
Partial Allotment Percentage of Competitive Bids
(i) Percentage	99.9	82.6667	80.9524	83.5616
(ii) No.	(2 bids)	(1 bids)	(2 bids)	(9 bids)
Non-Competitive Bids Received
(i) No.	1	4	-	21
(ii) Amount	0.25	55	-	268.498
Non-Competitive Price	100	100.08	100.02	100.15
Non-Competitive Bids Accepted
(i) No.	1	4	-	21
(ii) Amount	0.25	55	-	200
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	74.4885
(ii) No.	-	-	-	(21 bids)
Weighted Average Yield (%)	6.77	5.0711	6.677	6.6289
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	250	2000	100	2000

	KARNATAKA 2030	KARNATAKA 2033	KERALA 2023	KERALA 2025
Notified Amount	1000	1000	500	500
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	10	13	3	5
Competitive Bids Received
(i) No.	113	121	19	26
(ii) Amount	3675	4410.3	2480	1790
Cut-off Yield (%)	6.63	6.77	5.05	6.04
Competitive Bids Accepted
(i) No.	6	22	2	5
(ii) Amount	900	935.849	490	494.999
Partial Allotment Percentage of Competitive Bids
(i) Percentage	76.2376	53.382	93	80.9998
(ii) No.	(2 bids)	(5 bids)	(1 bids)	(1 bids)
Non-Competitive Bids Received
(i) No.	16	12	2	2
(ii) Amount	143.109	64.151	10	5.001
Non-Competitive Price	100.12	100.11	100.04	100.23
Non-Competitive Bids Accepted
(i) No.	16	12	2	2
(ii) Amount	100	64.151	10	5.001
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	69.8768	-	-	-
(ii) No.	(16 bids)	-	-	-
Weighted Average Yield (%)	6.6129	6.7574	5.0372	5.9872
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1000	1000	500	500

	RAJASTHAN 2025	RAJASTHAN 2030	TAMILNADU 2023²	TAMILNADU 2030²
Notified Amount	500	500	1000	1000
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	5	10	3	10
Competitive Bids Received
(i) No.	24	55	42	113
(ii) Amount	2240	1600	5135	3845
Cut-off Yield (%)	5.89	6.64	5.09	6.66
Competitive Bids Accepted
(i) No.	5	8	15	20
(ii) Amount	494.55	477	1220	1125
Partial Allotment Percentage of Competitive Bids
(i) Percentage	71.82	88.6275	66.6667	89.6552
(ii) No.	(1 bids)	(3 bids)	(2 bids)	(6 bids)
Non-Competitive Bids Received
(i) No.	2	6	3	17
(ii) Amount	5.45	23	30	172.2
Non-Competitive Price	100.25	100.01	100.15	100.08
Non-Competitive Bids Accepted
(i) No.	2	6	3	17
(ii) Amount	5.45	23	30	125
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	72.59
(ii) No.	-	-	-	(17 bids)
Weighted Average Yield (%)	5.8321	6.6385	5.0357	6.6493
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	500	500	1250	1250

	UTTAR PRADESH 2030	WEST BENGAL 2030	Total
Notified Amount	1000	2000	12850
Underwriting Notified Amount	NIL	NIL
Tenure	10	10
Competitive Bids Received
(i) No.	90	105	932
(ii) Amount	5165	7120	49905.3
Cut-off Yield (%)	6.67	6.68
Competitive Bids Accepted
(i) No.	11	10	139
(ii) Amount	900	1800	12932.148
Partial Allotment Percentage of Competitive Bids
(i) Percentage	67.9245	98.0769
(ii) No.	(3 bids)	(4 bids)
Non-Competitive Bids Received
(i) No.	14	20	120
(ii) Amount	174	262.56	1213.202
Non-Competitive Price	100.09	100.06
Non-Competitive Bids Accepted
(i) No.	14	20	120
(ii) Amount	100	200	917.852
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	57.4713	76.1731
(ii) No.	(14 bids)	(20 bids)
Weighted Average Yield (%)	6.6574	6.6713
Amount of Underwriting accepted from primary dealers	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL
Total Allotment Amount	1000	2000	13850
¹ Gujarat has accepted an additional amount of ₹ 500 cr. ² Tamil Nadu has accepted an additional amount of ₹ 250 cr. each in both the securities