Results of Auctions State Development Loans of 11 State Governments / Union Territories - Full Auction Result

Press Releases Marquee

Published on September 22, 2020

The Results of the auctions of State Development Loans for 11 State Governments / Union Territories held on September 22, 2020.

Table
(₹ in crore)
	ASSAM 2030	BIHAR 2023	GOA 2030	GUJARAT 2030¹
Notified Amount	600	2000	200	1000
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	10	3	10	10
Competitive Bids Received
(i) No.	38	28	32	112
(ii) Amount	1588	4835	1213	3170
Cut-off Yield (%)	6.8	5.28	6.74	6.7
Competitive Bids Accepted
(i) No.	30	12	19	76
(ii) Amount	571	1950	193.9	1350
Partial Allotment Percentage of Competitive Bids
(i) Percentage	25.2893	92.8571	25.8431	25.3731
(ii) No.	(2 bids)	(3 bids)	(4 bids)	(13 bids)
Non-Competitive Bids Received
(i) No.	5	4	3	16
(ii) Amount	29	50	6.1	160.09
Non-Competitive Price	100.43	100.14	100.17	100.18
Non-Competitive Bids Accepted
(i) No.	5	4	3	16
(ii) Amount	29	50	6.1	150
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	93.6932
(ii) No.	-	-	-	(16 bids)
Weighted Average Yield (%)	6.7406	5.2299	6.7161	6.6756
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	600	2000	200	1500

	KARNATAKA 2030	KARNATAKA 2032	MAHARASHTRA 2024	MAHARASHTRA 2028²
Notified Amount	1000	1000	1000	1000
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	10	12	4	8
Competitive Bids Received
(i) No.	102	113	59	44
(ii) Amount	2928	4160	3915	2845
Cut-off Yield (%)	6.7	6.78	5.68	6.7
Competitive Bids Accepted
(i) No.	61	52	7	37
(ii) Amount	900	900	967	1434.5
Partial Allotment Percentage of Competitive Bids
(i) Percentage	13.9869	0.9709	11.4286	81.1111
(ii) No.	(14 bids)	(11 bids)	(2 bids)	(4 bids)
Non-Competitive Bids Received
(i) No.	14	15	3	6
(ii) Amount	148	134.6	33	65.5
Non-Competitive Price	100.21	100.17	100.09	100.14
Non-Competitive Bids Accepted
(i) No.	14	15	3	6
(ii) Amount	100	100	33	65.5
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	67.5676	74.2942	-	-
(ii) No.	(14 bids)	(15 bids)	-	-
Weighted Average Yield (%)	6.6706	6.7591	5.6535	6.6765
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1000	1000	1000	1500

	MAHARASHTRA 2032²	PUNJAB 2040	RAJASTHAN 2030	SIKKIM 2030
Notified Amount	1000	600	750	148
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	12	Re-issue of 6.97% Punjab SDL 2040, issued on March 11, 2020	10	10
Competitive Bids Received
(i) No.	121	37	68	20
(ii) Amount	4265	2575	1990	885
Cut-off Yield (%)	6.78	6.7997	6.72	6.73
Competitive Bids Accepted
(i) No.	63	1	42	8
(ii) Amount	1350	588.97	679.4	147
Partial Allotment Percentage of Competitive Bids
(i) Percentage	94.0299	98.1628	23.1856	77.7778
(ii) No.	(8 bids)	(1 bids)	(3 bids)	(2 bids)
Non-Competitive Bids Received
(i) No.	15	4	9	1
(ii) Amount	154.65	11.02	70.59	1
Non-Competitive Price	100.14	101.82	100.21	100.04
Non-Competitive Bids Accepted
(i) No.	15	4	9	1
(ii) Amount	150	11.02	70.59	1
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	96.9932	-	-	-
(ii) No.	(15 bids)	-	-	-
Weighted Average Yield (%)	6.7626	6.7997	6.6909	6.7249
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1500	600	750	148

	TAMILNADU 2030	UTTAR PRADESH 2030	Total
Notified Amount	1000	1500	12798
Underwriting Notified Amount	NIL	NIL
Tenure	10	10
Competitive Bids Received
(i) No.	108	86	968
(ii) Amount	3494	3084	40947
Cut-off Yield (%)	6.69	6.74
Competitive Bids Accepted
(i) No.	58	58	524
(ii) Amount	900	1379.35	13311.12
Partial Allotment Percentage of Competitive Bids
(i) Percentage	28.3333	18.1638
(ii) No.	(9 bids)	(5 bids)
Non-Competitive Bids Received
(i) No.	16	11	122
(ii) Amount	128.71	120.65	1112.91
Non-Competitive Price	100.18	100.28
Non-Competitive Bids Accepted
(i) No.	16	11	122
(ii) Amount	100	120.65	986.86
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	77.6898	-
(ii) No.	(15 bids)	-
Weighted Average Yield (%)	6.6652	6.7015
Amount of Underwriting accepted from primary dealers	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL
Total Allotment Amount	1000	1500	14298
¹Gujarat has accepted an additional amount of ₹ 500 cr. ² Maharashtra has accepted an additional amount of ₹ 500 cr. each in the 8 & 12 Year security