Auction of State Development Loans of Five State Governments – Full Auction Result

The Result of the auction of State Development Loans for Five State Governments held on May 18, 2021.

Table
(₹ in crore)
  ANDHRA PRADESH 2036 ANDHRA PRADESH 2035 HARYANA 2032 MAHARASHTRA 2032*
Notified Amount 1000 1000 1500 1000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 15 14 11 11
Competitive Bids Received        
(i) No. 89 81 145 217
(ii) Amount 4832.5 4550.4 8612 8545
Cut-off Yield (%) 6.96 6.96 6.84 6.83
Competitive Bids Accepted        
(i) No. 37 38 24 34
(ii) Amount 961.995 984.247 1366.839 1350
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 17.9967 31.4688 97.3681 94.4751
(ii) No. (6 bids) (6 bids) (13 bids) (18 bids)
Non – Competitive Bids Received        
(i) No. 5 4 13 13
(ii) Amount 38.005 15.753 133.161 160.094
Non-Competitive Price 100.21 100.19 100.05 100.06
Non-Competitive Bids Accepted        
(i) No. 5 4 13 13
(ii) Amount 38.005 15.753 133.161 150
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage 93.695
(ii) No. (13 bids)
Weighted Average Yield (%) 6.9371 6.9388 6.833 6.8227
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1000 1000 1500 1500

  MAHARASHTRA 2033 TAMILNADU 2051 TAMILNADU 2056 TELANGANA 2041
Notified Amount 1000 1500 1500 2000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 12 30 35 20
Competitive Bids Received        
(i) No. 194 34 31 58
(ii) Amount 5568 6117 6005 7150
Cut-off Yield (%) 6.87 6.96 6.96 6.98
Competitive Bids Accepted        
(i) No. 61 3 1 15
(ii) Amount 904.867 1484.967 1467.976 1979.977
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 22.9456 92.3311 97.8651 76.2331
(ii) No. (30 bids) (1 bid) (1 bid) (5 bids)
Non – Competitive Bids Received        
(i) No. 12 2 4 2
(ii) Amount 95.133 15.033 32.024 20.023
Non-Competitive Price 100.09 100.05 100 100.13
Non-Competitive Bids Accepted        
(i) No. 12 2 4 2
(ii) Amount 95.133 15.033 32.024 20.023
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage
(ii) No.
Weighted Average Yield (%) 6.8588 6.9563 6.96 6.968
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1000 1500 1500 2000

  Total
Notified Amount 10500
Underwriting Notified Amount  
Tenure  
Competitive Bids Received  
(i) No. 849
(ii) Amount 51379.9
Cut-off Yield (%)  
Competitive Bids Accepted  
(i) No. 213
(ii) Amount 10500.868
Partial Allotment Percentage of Competitive Bids  
(i) Percentage  
(ii) No.  
Non – Competitive Bids Received  
(i) No. 55
(ii) Amount 509.226
Non-Competitive Price  
Non-Competitive Bids Accepted  
(i) No. 55
(ii) Amount 499.132
Partial Allotment Percentage of Non-Competitive Bids  
(i) Percentage  
(ii) No.  
Weighted Average Yield (%)  
Amount of Underwriting accepted from Primary Dealers  
Devolvement on Primary Dealers  
Total Allotment Amount 11000
*Maharashtra has accepted an additional amount of ₹500 crore in the 11 year security.

Ajit Prasad
Director   

Press Release: 2021-2022/228

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