• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, July 27

The auctions of the 7.55 per cent four-year 2010 Government stock were fully subscribed. The dealers said the cut-off price was slightly below expectations. For the paper, the notified amount was Rs 4,000 crore.

The RBI received 218 competitive bids amounting to Rs 9,035.50 crore. The cut-off price was Rs 99.53 (7.69 per cent YTM). Of these, RBI accepted 109 competitive bids. The partial allotment percentage of competitive bids was 13.15 per cent from 9 bids. The weighted average price was Rs 99.62. It also received and accepted 26 non-competitive bids amounting to Rs 18.46 crore. The partial allotment percentage on non-competitive bids was 100 per cent. Devolvement on primary dealers was nil for the paper.

More Stories on : Govt Bonds

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
IOB to raise $200-m foreign currency loan

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line