Results of Auctions State Development Loans of 10 State Governments / Union Territories – Full Auction Result

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Results of Auctions State Development Loans of 10 State Governments / Union Territories – Full Auction Result

The Results of the auctions of State Development Loans for 10 State Governments / Union Territories held on August 25, 2020.

Table
(₹ in crore)
 ANDHRA PRADESH 2040BIHAR 2023GOA 2030GUJARAT 20301
Notified Amount25020001001500
Underwriting Notified AmountNILNILNILNIL
Tenure2031010
Competitive Bids Received    
(i) No.192520160
(ii) Amount120047805005965
Cut-off Yield (%)6.775.16.686.65
Competitive Bids Accepted    
(i) No.26522
(ii) Amount249.7519451001800
Partial Allotment Percentage of Competitive Bids    
(i) Percentage99.982.666780.952483.5616
(ii) No.(2 bids)(1 bids)(2 bids)(9 bids)
Non-Competitive Bids Received    
(i) No.1421
(ii) Amount0.2555268.498
Non-Competitive Price100100.08100.02100.15
Non-Competitive Bids Accepted    
(i) No.1421
(ii) Amount0.2555200
Partial Allotment Percentage of Non-Competitive Bids    
(i) Percentage74.4885
(ii) No.(21 bids)
Weighted Average Yield (%)6.775.07116.6776.6289
Amount of Underwriting accepted from primary dealersNILNILNILNIL
Devolvement of Primary DealersNILNILNILNIL
Total Allotment Amount25020001002000

 KARNATAKA 2030KARNATAKA 2033KERALA 2023KERALA 2025
Notified Amount10001000500500
Underwriting Notified AmountNILNILNILNIL
Tenure101335
Competitive Bids Received    
(i) No.1131211926
(ii) Amount36754410.324801790
Cut-off Yield (%)6.636.775.056.04
Competitive Bids Accepted    
(i) No.62225
(ii) Amount900935.849490494.999
Partial Allotment Percentage of Competitive Bids    
(i) Percentage76.237653.3829380.9998
(ii) No.(2 bids)(5 bids)(1 bids)(1 bids)
Non-Competitive Bids Received    
(i) No.161222
(ii) Amount143.10964.151105.001
Non-Competitive Price100.12100.11100.04100.23
Non-Competitive Bids Accepted    
(i) No.161222
(ii) Amount10064.151105.001
Partial Allotment Percentage of Non-Competitive Bids    
(i) Percentage69.8768
(ii) No.(16 bids)
Weighted Average Yield (%)6.61296.75745.03725.9872
Amount of Underwriting accepted from primary dealersNILNILNILNIL
Devolvement of Primary DealersNILNILNILNIL
Total Allotment Amount10001000500500

 RAJASTHAN 2025RAJASTHAN 2030TAMILNADU 20232TAMILNADU 20302
Notified Amount50050010001000
Underwriting Notified AmountNILNILNILNIL
Tenure510310
Competitive Bids Received    
(i) No.245542113
(ii) Amount2240160051353845
Cut-off Yield (%)5.896.645.096.66
Competitive Bids Accepted    
(i) No.581520
(ii) Amount494.5547712201125
Partial Allotment Percentage of Competitive Bids    
(i) Percentage71.8288.627566.666789.6552
(ii) No.(1 bids)(3 bids)(2 bids)(6 bids)
Non-Competitive Bids Received    
(i) No.26317
(ii) Amount5.452330172.2
Non-Competitive Price100.25100.01100.15100.08
Non-Competitive Bids Accepted    
(i) No.26317
(ii) Amount5.452330125
Partial Allotment Percentage of Non-Competitive Bids    
(i) Percentage72.59
(ii) No.(17 bids)
Weighted Average Yield (%)5.83216.63855.03576.6493
Amount of Underwriting accepted from primary dealersNILNILNILNIL
Devolvement of Primary DealersNILNILNILNIL
Total Allotment Amount50050012501250

 UTTAR PRADESH 2030WEST BENGAL 2030Total
Notified Amount1000200012850
Underwriting Notified AmountNILNIL 
Tenure1010 
Competitive Bids Received   
(i) No.90105932
(ii) Amount5165712049905.3
Cut-off Yield (%)6.676.68 
Competitive Bids Accepted   
(i) No.1110139
(ii) Amount900180012932.148
Partial Allotment Percentage of Competitive Bids   
(i) Percentage67.924598.0769 
(ii) No.(3 bids)(4 bids) 
Non-Competitive Bids Received   
(i) No.1420120
(ii) Amount174262.561213.202
Non-Competitive Price100.09100.06 
Non-Competitive Bids Accepted   
(i) No.1420120
(ii) Amount100200917.852
Partial Allotment Percentage of Non-Competitive Bids   
(i) Percentage57.471376.1731 
(ii) No.(14 bids)(20 bids) 
Weighted Average Yield (%)6.65746.6713 
Amount of Underwriting accepted from primary dealersNILNIL 
Devolvement of Primary DealersNILNIL 
Total Allotment Amount1000200013850
1 Gujarat has accepted an additional amount of ₹ 500 cr.
2 Tamil Nadu has accepted an additional amount of ₹ 250 cr. each in both the securities

Ajit Prasad
Director   

Press Release: 2020-2021/229

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