Results of Auctions State Development Loans of 9 State Governments / Union Territories – Full Auction Result

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Results of Auctions State Development Loans of 9 State Governments / Union Territories – Full Auction Result

The Results of the auctions of State Development Loans for 9 State Governments / Union Territories held on August 11, 2020.

Table
(₹ in crore)
 ANDHRA PRADESH 2024ANDHRA PRADESH 2039ANDHRA PRADESH 2040CHHATTISGARH 2024
Notified Amount1000100010001300
Underwriting Notified AmountNILNILNILNIL
Tenure419204
Competitive Bids Received    
(i) No.48443148
(ii) Amount35053712.528754355
Cut-off Yield (%)5.416.606.605.40
Competitive Bids Accepted    
(i) No.115115
(ii) Amount984.25925.527956.4991277
Partial Allotment Percentage of Competitive Bids    
(i) Percentage94.523833.906595.649962.8333
(ii) No.(2 bids)(3 bids)(1 bids)(2 bids)
Non-Competitive Bids Received    
(i) No.3652
(ii) Amount15.7574.47343.50123
Non-Competitive Price100.10100.09100.00100.11
Non-Competitive Bids Accepted    
(i) No.3652
(ii) Amount15.7574.47343.50123
Partial Allotment Percentage of Non-Competitive Bids    
(i) Percentage
(ii) No.
Weighted Average Yield (%)5.38166.59196.60005.3700
Amount of Underwriting accepted from primary dealersNILNILNILNIL
Devolvement of Primary DealersNILNILNILNIL
Total Allotment Amount1000100010001300

 GUJARAT 20291KARNATAKA 2030KARNATAKA 2031MADHYA PRADESH 2035
Notified Amount1000100010001000
Underwriting Notified AmountNILNILNILNIL
Tenure9101115
Competitive Bids Received    
(i) No.101787246
(ii) Amount5595431039703430
Cut-off Yield (%)6.446.486.496.61
Competitive Bids Accepted    
(i) No.31361920
(ii) Amount1350900900904
Partial Allotment Percentage of Competitive Bids    
(i) Percentage30.76922547.413864.4444
(ii) No.(10 bids)(8 bids)(5 bids)(3 bids)
Non-Competitive Bids Received    
(i) No.1420107
(ii) Amount217.1201.392127.29296
Non-Competitive Price100.19100.18100.07100.38
Non-Competitive Bids Accepted    
(i) No.1420107
(ii) Amount15010010096
Partial Allotment Percentage of Non-Competitive Bids    
(i) Percentage69.092649.654478.5595
(ii) No.(14 bids)(20 bids)(10 bids)
Weighted Average Yield (%)6.41226.45586.48146.5693
Amount of Underwriting accepted from primary dealersNILNILNILNIL
Devolvement of Primary DealersNILNILNILNIL
Total Allotment Amount1500100010001000

 MAHARASHTRA 2028MAHARASHTRA 20312RAJASTHAN 2024RAJASTHAN 2030
Notified Amount10001000250500
Underwriting Notified AmountNILNILNILNIL
Tenure811410
Competitive Bids Received    
(i) No.831133154
(ii) Amount5030469012203424
Cut-off Yield (%)6.446.495.396.46
Competitive Bids Accepted    
(i) No.4438216
(ii) Amount9091838.008249.25450
Partial Allotment Percentage of Competitive Bids    
(i) Percentage990.352797.745189.2857
(ii) No.(4 bids)(12 bids)(2 bids)(4 bids)
Non-Competitive Bids Received    
(i) No.913110
(ii) Amount91161.9920.7599.65
Non-Competitive Price100.19100.06100.00100.10
Non-Competitive Bids Accepted    
(i) No.913110
(ii) Amount91161.9920.7550
Partial Allotment Percentage of Non-Competitive Bids    
(i) Percentage50.1756
(ii) No.(10 bids)
Weighted Average Yield (%)6.40996.48175.39006.4460
Amount of Underwriting accepted from primary dealersNILNILNILNIL
Devolvement of Primary DealersNILNILNILNIL
Total Allotment Amount10002000250500

 TAMILNADU 2023TAMILNADU 20503WEST BENGAL 2035Total
Notified Amount10001000200015050
Underwriting Notified AmountNILNILNIL 
TenureRe-issue of 4.54% TNSDL 2023 Issued On July 08, 2020Re-issue of 6.49% TNSDL 2050 Issued On July 22, 202015 
Competitive Bids Received    
(i) No.302358860
(ii) Amount249034404473.456519.9
Cut-off Yield (%)4.74716.58886.62 
Competitive Bids Accepted    
(i) No.3426271
(ii) Amount10001239.9991864.74915748.282
Partial Allotment Percentage of Competitive Bids    
(i) Percentage8054.888831.8871 
(ii) No.(1 bids)(3 bids)(4 bids) 
Non-Competitive Bids Received    
(i) No.27109
(ii) Amount10.001135.2511297.152
Non-Competitive Price99.4798.71100.28 
Non-Competitive Bids Accepted    
(i) No.27109
(ii) Amount10.001135.2511051.718
Partial Allotment Percentage of Non-Competitive Bids    
(i) Percentage 
(ii) No. 
Weighted Average Yield (%)4.73596.58886.5906 
Amount of Underwriting accepted from primary dealersNILNILNIL 
Devolvement of Primary DealersNILNILNIL 
Total Allotment Amount10001250200016800
1 Gujarat has accepted an additional amount of ₹500 cr.
2 Maharashtra has accepted an additional amount of ₹1000 cr in the 11 year security.
3 Tamil Nadu has accepted an additional amount of ₹250 cr in 6.49% TNSDL 2050

Ajit Prasad
Director   

Press Release: 2020-2021/171

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