Reserve Bank of India : 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