Result of Auction of State Development Loans of 11 State Governments – Full Auction Result

The Result of the auction of State Development Loans for 11 State Governments held on June 01, 2021.

Table
(₹ in crore)
  ANDHRA PRADESH 2041 ANDHRA PRADESH 2040 BIHAR 2027 HARYANA 2033
Notified Amount 1000 1000 2000 2000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 20 19 6 12
Competitive Bids Received        
(i) No. 56 62 96 125
(ii) Amount 3768 3993 9505 4430.5
Cut-off Yield (%) 7.04 7.04 6.45 6.95
Competitive Bids Accepted        
(i) No. 14 18 17 74
(ii) Amount 994.998 994.997 1955.96 1860.738
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 36.4891 15.7893 11.4246 72.1587
(ii) No. (8 bids) (9 bids) (5 bids) (10 bids)
Non – Competitive Bids Received        
(i) No. 2 2 5 13
(ii) Amount 5.002 5.003 44.04 139.262
Non-Competitive Price 100.01 100.12 100.1 100.3
Non-Competitive Bids Accepted        
(i) No. 2 2 5 13
(ii) Amount 5.002 5.003 44.04 139.262
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage
(ii) No.
Weighted Average Yield (%) 7.0389 7.0288 6.4294 6.9134
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1000 1000 2000 2000

  JAMMU AND KASHMIR 2036 KERALA 2034 MAHARASHTRA 2032 MAHARASHTRA 2031*
Notified Amount 800 1000 1000 1500
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 15 13 11 10
Competitive Bids Received        
(i) No. 49 98 157 191
(ii) Amount 2685.5 3293.5 3902.75 8185
Cut-off Yield (%) 7.04 6.96 6.86 6.81
Competitive Bids Accepted        
(i) No. 15 55 31 39
(ii) Amount 784.997 937.49 900 1800
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 32.499 31.9024 87.9121 31.8328
(ii) No. (4 bids) (9 bids) (13 bids) (16 bids)
Non – Competitive Bids Received        
(i) No. 4 7 16 16
(ii) Amount 15.003 62.51 119.398 239.135
Non-Competitive Price 100.14 100.25 100.06 100.22
Non-Competitive Bids Accepted        
(i) No. 4 7 16 16
(ii) Amount 15.003 62.51 100 200
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage 83.7535 83.6348
(ii) No. (16 bids) (16 bids)
Weighted Average Yield (%) 7.0247 6.9307 6.8523 6.7797
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 800 1000 1000 2000

  NAGALAND 2031 RAJASTHAN 2030** RAJASTHAN 2031 RAJASTHAN 2041
Notified Amount 250 500 1000 500
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 10 Re-issue of 7.03% Rajasthan SDL 2030 issued on February 12, 2020 10 20
Competitive Bids Received        
(i) No. 28 39 80 21
(ii) Amount 860 1630 2590 1545
Cut-off Yield (%) 6.85 6.84 7.05
Competitive Bids Accepted        
(i) No. 11 37 6
(ii) Amount 245.396 900 499.999
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 0.99 47.0588 45.631
(ii) No. (3 bids) (6 bids) (4 bids)
Non – Competitive Bids Received        
(i) No. 4 5 18 1
(ii) Amount 4.604 21.483 162.796 0.001
Non-Competitive Price 100.1 0 100.14 100.02
Non-Competitive Bids Accepted        
(i) No. 4 18 1
(ii) Amount 4.604 100 0.001
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage 61.4266
(ii) No. (18 bids)
Weighted Average Yield (%) 6.8366 6.821 7.0485
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 250 0 1000 500

  TAMILNADU 2051 TAMILNADU 2046 TELANGANA 2041 WEST BENGAL 2028
Notified Amount 1500 1500 1000 3000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 30 25 20 7
Competitive Bids Received        
(i) No. 26 44 52 138
(ii) Amount 3345 2783 4083 10200
Cut-off Yield (%) 7.03 7.03 7.05 6.65
Competitive Bids Accepted        
(i) No. 3 5 16 26
(ii) Amount 1497.749 1499.997 987.997 2893.992
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 49.8875 89.7008 1.8672 35.9985
(ii) No. (2 bids) (2 bids) (8 bids) (6 bids)
Non – Competitive Bids Received        
(i) No. 2 1 3 8
(ii) Amount 2.251 0.003 12.003 106.008
Non-Competitive Price 100.04 100.04 100.26 100.3
Non-Competitive Bids Accepted        
(i) No. 2 1 3 8
(ii) Amount 2.251 0.003 12.003 106.008
Partial Allotment Percentage of Non-Competitive Bids        
(i) Percentage
(ii) No.
Weighted Average Yield (%) 7.0267 7.027 7.0258 6.5957
Amount of Underwriting accepted from Primary Dealers NIL NIL NIL NIL
Devolvement on Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 1500 1500 1000 3000

  Total
Notified Amount 19550
Underwriting Notified Amount  
Tenure  
Competitive Bids Received  
(i) No. 1262
(ii) Amount 66799.25
Cut-off Yield (%)  
Competitive Bids Accepted  
(i) No. 367
(ii) Amount 18754.31
Partial Allotment Percentage of Competitive Bids  
(i) Percentage  
(ii) No.  
Non – Competitive Bids Received  
(i) No. 107
(ii) Amount 938.502
Non-Competitive Price  
Non-Competitive Bids Accepted  
(i) No. 102
(ii) Amount 795.69
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 19550
* Maharashtra has accepted an additional amount of ₹500 crore in the 10 year Security.
** Rajasthan has not accepted any amount for the reissue of 7.03% Rajasthan SDL 2030

Ajit Prasad
Director   

Press Release: 2021-2022/297

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