Reserve Bank of India

11/10/2020 | Press release | Distributed by Public on 11/10/2020 08:55

Results of Auctions State Development Loans of 14 State Governments / Union Territories - Full Auction Result

The Results of the auctions of State Development Loans for 14 State Governments / Union Territories held on November 10, 2020.

Table
(₹ in crore)
ASSAM 2023 ASSAM 2030* BIHAR 2024 GOA 2030
Notified Amount 500 500 2000 200
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 3 10 4 10
Competitive Bids Received
(i) No. 30 55 51 45
(ii) Amount 2075 1255 4815 1260
Cut-off Yield (%) 4.5 - 5.12 6.55
Competitive Bids Accepted
(i) No. 4 - 11 18
(ii) Amount 494.975 - 1957.999 193.999
Partial Allotment Percentage of Competitive Bids
(i) Percentage 85.45 - 86.2773 39.9994
(ii) No. (3 bids) - (3 bids) (5 bids)
Non-Competitive Bids Received
(i) No. 2 8 4 4
(ii) Amount 5.025 24.101 42.001 6.001
Non-Competitive Price 100 0 100.01 100.17
Non-Competitive Bids Accepted
(i) No. 2 - 4 4
(ii) Amount 5.025 - 42.001 6.001
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 4.499 - 5.1162 6.5265
Amount of Underwriting accepted from primary dealers NIL NIL NIL NIL
Devolvement of Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 500 0 2000 200

GUJARAT 20301 HARYANA 20302 KARNATAKA 2034 KARNATAKA 2030
Notified Amount 1500 1500 1000 1000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 10 10 14 10
Competitive Bids Received
(i) No. 190 144 127 142
(ii) Amount 6598 5205 3997 4320
Cut-off Yield (%) 6.5 6.59 6.75 6.47
Competitive Bids Accepted
(i) No. 78 41 32 23
(ii) Amount 1848.318 1841.449 900 900
Partial Allotment Percentage of Competitive Bids
(i) Percentage 15.7899 94.2028 89 46.5753
(ii) No. (17 bids) (9 bids) (12 bids) (9 bids)
Non-Competitive Bids Received
(i) No. 16 15 13 16
(ii) Amount 151.682 158.551 121.477 144.372
Non-Competitive Price 100.22 100.32 100.08 100.14
Non-Competitive Bids Accepted
(i) No. 16 15 13 16
(ii) Amount 151.682 158.551 100 100
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage - - 82.3201 69.2655
(ii) No. - - (13 bids) (16 bids)
Weighted Average Yield (%) 6.4696 6.5459 6.7411 6.4511
Amount of Underwriting accepted from primary dealers NIL NIL NIL NIL
Devolvement of Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 2000 2000 1000 1000

MADHYA PRADESH 2040 MIZORAM 2034 PUNJAB 2035** RAJASTHAN 2030
Notified Amount 2000 132 1000 761
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 20 14 Re-issue of 6.79% Punjab SDL 2035 Issued on November 04, 2020 10
Competitive Bids Received
(i) No. 95 26 59 118
(ii) Amount 6422 574 2638 2657
Cut-off Yield (%) 6.79 6.84 6.8145 6.61
Competitive Bids Accepted
(i) No. 5 7 17 52
(ii) Amount 1968.999 131.999 540 695.839
Partial Allotment Percentage of Competitive Bids
(i) Percentage 95.4613 41.6051 - 64.5975
(ii) No. (2 bids) (2 bids) - (4 bids)
Non-Competitive Bids Received
(i) No. 6 1 6 12
(ii) Amount 31.001 0.001 30.532 65.161
Non-Competitive Price 100.01 100.09 99.93 100.40
Non-Competitive Bids Accepted
(i) No. 6 1 6 12
(ii) Amount 31.001 0.001 30.532 65.161
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage - - - -
(ii) No. - - - -
Weighted Average Yield (%) 6.7889 6.8302 6.7973 6.5549
Amount of Underwriting accepted from primary dealers NIL NIL NIL NIL
Devolvement of Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 2000 132 570.532 761

SIKKIM 2030 TAMILNADU 2024 TELANGANA 20503 UTTAR PRADESH 2030
Notified Amount 312 1000 750 1000
Underwriting Notified Amount NIL NIL NIL NIL
Tenure 10 Re-issue of 5.46% Tamil Nadu SDL 2024 Issued on June 03, 2020 30 10
Competitive Bids Received
(i) No. 33 80 27 103
(ii) Amount 1317 5680 3510 3820
Cut-off Yield (%) 6.6 5 6.8 6.6
Competitive Bids Accepted
(i) No. 15 1 3 41
(ii) Amount 308.878 979.975 977.195 900
Partial Allotment Percentage of Competitive Bids
(i) Percentage 39.7264 97.9975 30.2927 45.1613
(ii) No. (2 bids) (1 bids) (1 bids) (4 bids)
Non-Competitive Bids Received
(i) No. 3 3 3 13
(ii) Amount 3.122 20.02 22.805 133.312
Non-Competitive Price 100.25 101.48 100.29 100.27
Non-Competitive Bids Accepted
(i) No. 3 3 3 13
(ii) Amount 3.122 20.025 22.805 100
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage - - - 75.012
(ii) No. - - - (13 bids)
Weighted Average Yield (%) 6.566 5 6.777 6.5622
Amount of Underwriting accepted from primary dealers NIL NIL NIL NIL
Devolvement of Primary Dealers NIL NIL NIL NIL
Total Allotment Amount 312 1000 1000 1000

Total
Notified Amount 15155
Underwriting Notified Amount
Tenure
Competitive Bids Received
(i) No. 1325
(ii) Amount 56143
Cut-off Yield (%)
Competitive Bids Accepted
(i) No. 348
(ii) Amount 14639.54
Partial Allotment Percentage of Competitive Bids
(i) Percentage
(ii) No.
Non-Competitive Bids Received
(i) No. 125
(ii) Amount 959.13
Non-Competitive Price
Non-Competitive Bids Accepted
(i) No. 117
(ii) Amount 835.88
Partial Allotment Percentage of Non-Competitive Bids
(i) Percentage
(ii) No.
Weighted Average Yield (%)
Amount of Underwriting accepted from primary dealers
Devolvement of Primary Dealers
Total Allotment Amount 15475.532
* Assam has not accepted any amount in 10-year security
** Punjab has accepted ₹570.532 cr amount
1 Gujarat has accepted an additional amount of ₹500 cr.
2 Haryana has accepted an additional amount of ₹500 cr.
3 Telangana has accepted an additional amount of ₹250 cr.

Ajit Prasad
Director

Press Release: 2020-2021/617