Results of Auctions State Development Loans of 8 State Governments / Union Territories - Full Auction Result (Corrected)

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Published on August 18, 2020

The Results of the auctions of State Development Loans for 8 State Governments / Union Territories held on August 18, 2020.

Table
(₹ in crore)
	BIHAR 2023	GOA 2030	HARYANA 2039	KARNATAKA 2030
Notified Amount	2000	100	2000	1000
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	3	10	19	10
Competitive Bids Received
(i) No.	51	32	72	159
(ii) Amount	6115	816	4622.5	5500
Cut-off Yield (%)	4.93	6.5	6.68	6.5
Competitive Bids Accepted
(i) No.	21	3	23	27
(ii) Amount	1936	97.999	1923.778	900
Partial Allotment Percentage of Competitive Bids
(i) Percentage	40.1905	61.2494	17.2225	30.1409
(ii) No.	(2 bids)	(3 bids)	(3 bids)	(14 bids)
Non-Competitive Bids Received
(i) No.	4	3	6	20
(ii) Amount	64	2.001	76.22	242.966
Non-Competitive Price	100.1	100	100.19	100.05
Non-Competitive Bids Accepted
(i) No.	4	3	6	20
(ii) Amount	64	2.001	76.222	100
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-	-	41.158
(ii) No.	-	-	-	(20 bids)
Weighted Average Yield (%)	4.8945	6.5	6.6619	6.4938
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	2000	100	2000	1000

	KARNATAKA 2032	PUNJAB 2050	RAJASTHAN 2030	TAMILNADU 2030¹
Notified Amount	1000	750	700	1000
Underwriting Notified Amount	NIL	NIL	NIL	NIL
Tenure	12	Re-issue of 6.65% Punjab SDL 2050 issued on July 08, 2020	10	10
Competitive Bids Received
(i) No.	81	22	105	175
(ii) Amount	1995	1400	3935	6315
Cut-off Yield (%)	6.64	6.6687	6.5	6.5
Competitive Bids Accepted
(i) No.	63	2	15	19
(ii) Amount	900	737.496	630	1125
Partial Allotment Percentage of Competitive Bids
(i) Percentage	50	98.3328	59.6774	71.5481
(ii) No.	(5 bids)	(2 bids)	(9 bids)	(11 bids)
Non-Competitive Bids Received
(i) No.	17	3	15	19
(ii) Amount	149.8	12.504	145.746	278.2
Non-Competitive Price	100.57	99.75	100.01	100.02
Non-Competitive Bids Accepted
(i) No.	17	3	15	19
(ii) Amount	100	12.504	70	125
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	66.7557	-	48.0288	44.9317
(ii) No.	(17 bids)	-	(15 bids)	(19 bids)
Weighted Average Yield (%)	6.5701	6.6687	6.4984	6.4971
Amount of Underwriting accepted from primary dealers	NIL	NIL	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL	NIL	NIL
Total Allotment Amount	1000	750	700	1250

	TAMILNADU 2050¹	TELANGANA 2050²	Total
Notified Amount	1000	1000	10550
Underwriting Notified Amount	NIL	NIL
Tenure	30	30
Competitive Bids Received
(i) No.	21	26	744
(ii) Amount	3400	3255	37353.5
Cut-off Yield (%)	6.67	6.69
Competitive Bids Accepted
(i) No.	5	9	187
(ii) Amount	1215	1448.548	10913.821
Partial Allotment Percentage of Competitive Bids
(i) Percentage	79.6721	14.4925
(ii) No.	(5 bids)	(2 bids)
Non-Competitive Bids Received
(i) No.	4	4	95
(ii) Amount	35	51.4520	1057.889
Non-Competitive Price	100	100.23
Non-Competitive Bids Accepted
(i) No.	4	4	95
(ii) Amount	35	51.4520	636.179
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage	-	-
(ii) No.	-	-
Weighted Average Yield (%)	6.67	6.6722
Amount of Underwriting accepted from primary dealers	NIL	NIL
Devolvement of Primary Dealers	NIL	NIL
Total Allotment Amount	1250	1500	11550
¹ Tamil Nadu has accepted an additional amount of ₹ 250 cr. each in both the securities ² Telangana has accepted an additional amount of ₹ 500 cr.