The Result of the auction of State Development Loans for 14 State Governments / Union Territories held on February 02, 2021.
| Table | ||||
| (₹ in crore) | ||||
| ANDHRA PRADESH 2037 | ANDHRA PRADESH 2032 | ANDHRA PRADESH 2035 | ASSAM 20261 | |
| Notified Amount | 1000 | 332 | 1000 | 500 |
| Underwriting Notified Amount | NIL | NIL | NIL | NIL |
| Tenure | 16 | 11 | 14 | 5 |
| Competitive Bids Received | ||||
| (i) No. | 37 | 27 | 47 | 16 |
| (ii) Amount | 3483 | 1042 | 3356 | 1060 |
| Cut-off Yield (%) | 6.87 | 6.9 | 6.89 | – |
| Competitive Bids Accepted | ||||
| (i) No. | 5 | 12 | 11 | – |
| (ii) Amount | 987.475 | 315.039 | 947.999 | – |
| Partial Allotment Percentage of Competitive Bids | ||||
| (i) Percentage | 50.4125 | 47.6562 | 9.0907 | – |
| (ii) No. | (2 bids) | (3 bids) | (3 bids) | – |
| Non-Competitive Bids Received | ||||
| (i) No. | 3 | 5 | 8 | 4 |
| (ii) Amount | 12.525 | 16.961 | 52.001 | 20.01 |
| Non-Competitive Price | 100.18 | 100.14 | 100.79 | 0 |
| Non-Competitive Bids Accepted | ||||
| (i) No. | 3 | 5 | 8 | – |
| (ii) Amount | 12.525 | 16.961 | 52.001 | – |
| Partial Allotment Percentage of Non-Competitive Bids | ||||
| (i) Percentage | – | – | – | – |
| (ii) No. | – | – | – | – |
| Weighted Average Yield (%) | 6.8513 | 6.8814 | 6.8013 | – |
| Amount of Underwriting accepted from primary dealers | NIL | NIL | NIL | NIL |
| Devolvement of Primary Dealers | NIL | NIL | NIL | NIL |
| Total Allotment Amount | 1000 | 332 | 1000 | 0 |
| ASSAM 20311 | BIHAR 2028 | GOA 2031 | JAMMU AND KASHMIR 2031 | |
| Notified Amount | 500 | 1993 | 100 | 700 |
| Underwriting Notified Amount | NIL | NIL | NIL | NIL |
| Tenure | 10 | 7 | 10 | 10 |
| Competitive Bids Received | ||||
| (i) No. | 42 | 27 | 25 | 36 |
| (ii) Amount | 1086 | 3178 | 596 | 1411 |
| Cut-off Yield (%) | – | 6.89 | 6.85 | 6.99 |
| Competitive Bids Accepted | ||||
| (i) No. | – | 24 | 13 | 26 |
| (ii) Amount | – | 1993 | 95.902 | 669.998 |
| Partial Allotment Percentage of Competitive Bids | ||||
| (i) Percentage | – | 75.9157 | 25.3655 | 62.2397 |
| (ii) No. | – | (1 bids) | (2 bids) | (3 bids) |
| Non-Competitive Bids Received | ||||
| (i) No. | 9 | – | 4 | 7 |
| (ii) Amount | 47 | – | 4.098 | 30.002 |
| Non-Competitive Price | 0 | 100.28 | 100.26 | 100.28 |
| Non-Competitive Bids Accepted | ||||
| (i) No. | – | – | 4 | 7 |
| (ii) Amount | – | – | 4.098 | 30.002 |
| Partial Allotment Percentage of Non-Competitive Bids | ||||
| (i) Percentage | – | – | – | – |
| (ii) No. | – | – | – | – |
| Weighted Average Yield (%) | – | 6.8389 | 6.814 | 6.9503 |
| Amount of Underwriting accepted from primary dealers | NIL | NIL | NIL | NIL |
| Devolvement of Primary Dealers | NIL | NIL | NIL | NIL |
| Total Allotment Amount | 0 | 1993 | 100 | 700 |
| KERALA 2024 | KERALA 2023 | MADHYA PRADESH 2037 | MANIPUR 2031 | |
| Notified Amount | 1000 | 1000 | 2000 | 152 |
| Underwriting Notified Amount | NIL | NIL | NIL | NIL |
| Tenure | 3 | 2 | Re-issue of 6.61% Madhya Pradesh SDL 2037 issued on January 20, 2021 | 10 |
| Competitive Bids Received | ||||
| (i) No. | 40 | 64 | 67 | 21 |
| (ii) Amount | 4180 | 5985 | 3298.5 | 501 |
| Cut-off Yield (%) | 5.18 | 4.85 | 6.9863 | 6.88 |
| Competitive Bids Accepted | ||||
| (i) No. | 4 | 23 | 46 | 12 |
| (ii) Amount | 989.994 | 989.997 | 1949.993 | 147.423 |
| Partial Allotment Percentage of Competitive Bids | ||||
| (i) Percentage | 97.4994 | 61.5379 | 59.9997 | 52.252 |
| (ii) No. | (1 bids) | (3 bids) | (2 bids) | (1 bids) |
| Non-Competitive Bids Received | ||||
| (i) No. | 2 | 2 | 5 | 5 |
| (ii) Amount | 10.006 | 10.003 | 50.007 | 4.577 |
| Non-Competitive Price | 100.03 | 100.09 | 96.71 | 100.23 |
| Non-Competitive Bids Accepted | ||||
| (i) No. | 2 | 2 | 5 | 5 |
| (ii) Amount | 10.006 | 10.003 | 50.007 | 4.577 |
| Partial Allotment Percentage of Non-Competitive Bids | ||||
| (i) Percentage | – | – | – | – |
| (ii) No. | – | – | – | – |
| Weighted Average Yield (%) | 5.1698 | 4.8006 | 6.9541 | 6.8474 |
| Amount of Underwriting accepted from primary dealers | NIL | NIL | NIL | NIL |
| Devolvement of Primary Dealers | NIL | NIL | NIL | NIL |
| Total Allotment Amount | 1000 | 1000 | 2000 | 152 |
| PUNJAB 20402 | PUNJAB 2051 | RAJASTHAN 20313 | RAJASTHAN 2046 | |
| Notified Amount | 600 | 600 | 500 | 500 |
| Underwriting Notified Amount | NIL | NIL | NIL | NIL |
| Tenure | Re-issue of 6.76% Punjab SDL 2040 issued on October 28, 2020 | Re-issue of 6.63% Punjab SDL 2051 issued on January 13, 2021 | 10 | 25 |
| Competitive Bids Received | ||||
| (i) No. | 9 | 5 | 113 | 9 |
| (ii) Amount | 828 | 1323 | 3272 | 1773 |
| Cut-off Yield (%) | – | 6.88 | 6.85 | 6.88 |
| Competitive Bids Accepted | ||||
| (i) No. | – | 1 | 46 | 1 |
| (ii) Amount | – | 599.997 | 912.546 | 500 |
| Partial Allotment Percentage of Competitive Bids | ||||
| (i) Percentage | – | 99.9995 | 84.273 | – |
| (ii) No. | – | (1 bids) | (6 bids) | – |
| Non-Competitive Bids Received | ||||
| (i) No. | 3 | 2 | 15 | – |
| (ii) Amount | 8.01 | 0.003 | 87.454 | – |
| Non-Competitive Price | 0 | 96.84 | 100.18 | 100 |
| Non-Competitive Bids Accepted | ||||
| (i) No. | – | 2 | 15 | – |
| (ii) Amount | – | 0.003 | 87.454 | – |
| Partial Allotment Percentage of Non-Competitive Bids | ||||
| (i) Percentage | – | – | – | – |
| (ii) No. | – | – | – | – |
| Weighted Average Yield (%) | – | 6.88 | 6.8248 | 6.88 |
| Amount of Underwriting accepted from primary dealers | NIL | NIL | NIL | NIL |
| Devolvement of Primary Dealers | NIL | NIL | NIL | NIL |
| Total Allotment Amount | 0 | 600 | 1000 | 500 |
| RAJASTHAN 2027 | TAMILNADU 2051 | TELANGANA 20414 | UTTAR PRADESH 2031 | |
| Notified Amount | 500 | 2500 | 750 | 3000 |
| Underwriting Notified Amount | NIL | NIL | NIL | NIL |
| Tenure | 6 | 30 | 20 | 10 |
| Competitive Bids Received | ||||
| (i) No. | 33 | 31 | 26 | 191 |
| (ii) Amount | 1155 | 6503 | 3193 | 7912 |
| Cut-off Yield (%) | 6.45 | 6.85 | 6.86 | 6.88 |
| Competitive Bids Accepted | ||||
| (i) No. | 18 | 1 | 2 | 87 |
| (ii) Amount | 484.49 | 2484.997 | 999.998 | 2700 |
| Partial Allotment Percentage of Competitive Bids | ||||
| (i) Percentage | 84.2571 | 99.3999 | 99.9997 | 46.6667 |
| (ii) No. | (2 bids) | (1 bids) | (1 bids) | (7 bids) |
| Non-Competitive Bids Received | ||||
| (i) No. | 5 | 3 | 1 | 23 |
| (ii) Amount | 15.51 | 15.003 | 0.002 | 372.953 |
| Non-Competitive Price | 100.32 | 100 | 100.03 | 100.61 |
| Non-Competitive Bids Accepted | ||||
| (i) No. | 5 | 3 | 1 | 23 |
| (ii) Amount | 15.51 | 15.003 | 0.002 | 300 |
| Partial Allotment Percentage of Non-Competitive Bids | ||||
| (i) Percentage | – | – | – | 80.4391 |
| (ii) No. | – | – | – | (22 bids) |
| Weighted Average Yield (%) | 6.3855 | 6.85 | 6.8575 | 6.7947 |
| Amount of Underwriting accepted from primary dealers | NIL | NIL | NIL | NIL |
| Devolvement of Primary Dealers | NIL | NIL | NIL | NIL |
| Total Allotment Amount | 500 | 2500 | 1000 | 3000 |
| WEST BENGAL 2041 | Total | |
| Notified Amount | 2000 | 21227 |
| Underwriting Notified Amount | NIL | |
| Tenure | 20 | |
| Competitive Bids Received | ||
| (i) No. | 31 | 897 |
| (ii) Amount | 5488 | 60623.5 |
| Cut-off Yield (%) | 6.89 | |
| Competitive Bids Accepted | ||
| (i) No. | 1 | 333 |
| (ii) Amount | 1994.999 | 19763.847 |
| Partial Allotment Percentage of Competitive Bids | ||
| (i) Percentage | 99.75 | |
| (ii) No. | (1 bids) | |
| Non-Competitive Bids Received | ||
| (i) No. | 2 | 108 |
| (ii) Amount | 5.001 | 761.126 |
| Non-Competitive Price | 100 | |
| Non-Competitive Bids Accepted | ||
| (i) No. | 2 | 92 |
| (ii) Amount | 5.001 | 613.153 |
| Partial Allotment Percentage of Non-Competitive Bids | ||
| (i) Percentage | – | |
| (ii) No. | – | |
| Weighted Average Yield (%) | 6.89 | |
| Amount of Underwriting accepted from primary dealers | NIL | |
| Devolvement of Primary Dealers | NIL | |
| Total Allotment Amount | 2000 | 20377 |
| 1 Assam has not accepted any amount in today’s auction. 2 Punjab has not accepted any amount in 6.76% Punjab SDL 2040. 3 Rajasthan has accepted an additional amount of ₹500 crore in 10 year security. 4 Telangana has accepted an additional amount of ₹250 crore. |
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Ajit Prasad
Director
