Results of Auctions State Development Loans of 19 State Governments / Union Territories - Full Auction Result

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Published on September 29, 2020

The Results of the auctions of State Development Loans for 19 State Governments / Union Territories held on September 29, 2020.

Table
(₹ in crore)
	ANDHRA PRADESH 2039	ANDHRA PRADESH 2024	ASSAM 2030	GOA 2030
Notified Amount	1000	1000	600	100
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	19	4	10	10
Competitive Bids Received
(i) No.	32	27	48	20
(ii) Amount	2036	2345	1718	683
Cut-off Yield (%)	7	5.75	6.9	6.89
Competitive Bids Accepted
(i) No.	5	8	13	8
(ii) Amount	945	968	566.14	97.75
Partial Allotment Percentage of Competitive Bids
(i) Percentage	78.6667	86.9903	75.0596	81.5
(ii) No.	(1 bids)	(3 bids)	(4 bids)	(1 bids)
Non-Competitive Bids Received
(i) No.	5	4	7	2
(ii) Amount	55	32	33.85	2.25
Non-Competitive Price	100.16	100.04	100.06	100.32
Non-Competitive Bids Accepted
(i) No.	5	4	7	2
(ii) Amount	55	32	33.85	2.25
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	-
(ii) No.	-	-	-	-
Weighted Average Yield (%)	6.985	5.739	6.8921	6.8459
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1000	1000	600	100

	GUJARAT 2030¹	HARYANA 2040	JAMMU AND KASHMIR UT 2035	KARNATAKA 2030
Notified Amount	1000	3000	1005	1000
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	10	20	15	10
Competitive Bids Received
(i) No.	129	79	38	98
(ii) Amount	5067	6095	3304	3277
Cut-off Yield (%)	6.83	7.05	6.96	6.85
Competitive Bids Accepted
(i) No.	25	22	5	25
(ii) Amount	1389.02	2873	995	929.32
Partial Allotment Percentage of Competitive Bids
(i) Percentage	74.0687	10.8076	96.4	17.0158
(ii) No.	(7 bids)	(5 bids)	(1 bids)	(6 bids)
Non-Competitive Bids Received
(i) No.	13	7	1	7
(ii) Amount	110.97	127	10	70.68
Non-Competitive Price	100.11	100.7	100.14	100.16
Non-Competitive Bids Accepted
(i) No.	13	7	1	7
(ii) Amount	110.97	127	10	70.68
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	-
(ii) No.	-	-	-	-
Weighted Average Yield (%)	6.8141	6.9841	6.9449	6.8278
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1500	3000	1005	1000

	KARNATAKA 2031	KERALA 2022	KERALA 2024	MAHARASHTRA 2022
Notified Amount	1000	1000	1000	1500
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	11	2	4	Re-issue of 4.45% Maharashtra SDL 2022 Issued On June 10, 2020
Competitive Bids Received
(i) No.	87	29	31	58
(ii) Amount	3002	2740	2620	4125
Cut-off Yield (%)	6.97	4.7	5.79	4.7007
Competitive Bids Accepted
(i) No.	45	4	11	17
(ii) Amount	924.45	999.999	968	1499.999
Partial Allotment Percentage of Competitive Bids
(i) Percentage	32.0379	88.9998	82.7723	12.7271
(ii) No.	(4 bids)	(1 bids)	(2 bids)	(2 bids)
Non-Competitive Bids Received
(i) No.	10	1	4	1
(ii) Amount	75.54	0.001	32	0.001
Non-Competitive Price	100.39	100.05	100.08	99.65
Non-Competitive Bids Accepted
(i) No.	10	1	4	1
(ii) Amount	75.54	0.001	32	0.001
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	-
(ii) No.	-	-	-	-
Weighted Average Yield (%)	6.9183	4.6737	5.7673	4.6634
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 2028	MAHARASHTRA 2032²	MEGHALAYA 2030	MIZORAM 2035
Notified Amount	1000	1000	250	132
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	Re-issue of 6.44% Maharashtra SDL 2028 Issued On August 12, 2020	12	10	15
Competitive Bids Received
(i) No.	58	89	13	14
(ii) Amount	3590	2652	927	543
Cut-off Yield (%)	6.8361	7.1	6.9	7.05
Competitive Bids Accepted
(i) No.	31	83	5	5
(ii) Amount	944.464	1396.532	244.4	132
Partial Allotment Percentage of Competitive Bids
(i) Percentage	88.928	0.4422	75.8	52.2727
(ii) No.	(1 bids)	(4 bids)	(2 bids)	(1 bids)
Non-Competitive Bids Received
(i) No.	7	10	4	-
(ii) Amount	55.536	103.468	5.6	-
Non-Competitive Price	97.81	100.91	100.02	100.36
Non-Competitive Bids Accepted
(i) No.	7	10	4	-
(ii) Amount	55.536	103.468	5.6	-
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	-
(ii) No.	-	-	-	-
Weighted Average Yield (%)	6.8023	6.9866	6.8972	7.0107
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1000	1500	250	132

	PUDUCHERRY 2029	PUNJAB 2040	PUNJAB 2040	RAJASTHAN 2030
Notified Amount	100	600	900	250
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	9	20	Re-issue of 6.97% Punjab SDL 2040 Issued On March 11, 2020	10
Competitive Bids Received
(i) No.	9	8	11	26
(ii) Amount	427	1510	2120	772
Cut-off Yield (%)	6.9	6.95	6.9799	6.85
Competitive Bids Accepted
(i) No.	6	4	1	10
(ii) Amount	100	582.5	885.99	234
Partial Allotment Percentage of Competitive Bids
(i) Percentage	22	95.625	98.4441	38
(ii) No.	(2 bids)	(3 bids)	(1 bids)	(2 bids)
Non-Competitive Bids Received
(i) No.	-	4	3	3
(ii) Amount	-	17.5	14.003	16
Non-Competitive Price	100.58	100.04	99.89	100.2
Non-Competitive Bids Accepted
(i) No.	-	4	3	3
(ii) Amount	-	17.5	14.003	16
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	-
(ii) No.	-	-	-	-
Weighted Average Yield (%)	6.8132	6.9466	6.9799	6.8226
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	100	600	900	250

	RAJASTHAN 2023	TAMILNADU 2023	TELANGANA 2050³	UTTAR PRADESH 2030
Notified Amount	500	1000	1000	2500
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	3	Re-issue of 4.54% Tamil Nadu SDL 2023 Issued On July 08, 2020	30	10
Competitive Bids Received
(i) No.	29	46	18	102
(ii) Amount	2135	3455	3085	6907
Cut-off Yield (%)	5.3	5.3306	6.94	6.9
Competitive Bids Accepted
(i) No.	6	21	3	29
(ii) Amount	490	989.5	1480	2330.92
Partial Allotment Percentage of Competitive Bids
(i) Percentage	89.2157	20.9	98.6667	6.6649
(ii) No.	(2 bids)	(1 bids)	(3 bids)	(9 bids)
Non-Competitive Bids Received
(i) No.	2	2	1	9
(ii) Amount	10	10.5	20	169.08
Non-Competitive Price	100.01	98.08	100	100.29
Non-Competitive Bids Accepted
(i) No.	2	2	1	9
(ii) Amount	10	10.5	20	169.08
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	-
(ii) No.	-	-	-	-
Weighted Average Yield (%)	5.2972	5.2908	6.94	6.8601
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	500	1000	1500	2500

	UTTARAKHAND 2030	WEST BENGAL 2035	Total
Notified Amount	500	2500	25437
Underwriting Notified Amount	NIL	NIL
Tenure	10	15
Competitive Bids Received
(i) No.	29	67	1195
(ii) Amount	1762	5965	72862
Cut-off Yield (%)	6.9	7.04
Competitive Bids Accepted
(i) No.	10	24	426
(ii) Amount	479	2433	25877.96
Partial Allotment Percentage of Competitive Bids
(i) Percentage	69.4	30
(ii) No.	(1 bids)	(1 bids)
Non-Competitive Bids Received
(i) No.	3	5	115
(ii) Amount	21	67	1058.96
Non-Competitive Price	100.13	100.87
Non-Competitive Bids Accepted
(i) No.	3	5	115
(ii) Amount	21	67	1058.96
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-
(ii) No.	-	-
Weighted Average Yield (%)	6.8816	6.9453
Amount of Underwriting accepted from primary dealers	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL
Total Allotment Amount	500	2500	26937
¹ Gujarat has accepted an additional amount of ₹500 cr. ² Maharashtra has accepted an additional amount of ₹500 cr. in 12 year security ³ Telangana has accepted an additional amount of ₹500 cr