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Mumbai, Aug. 22

The auction of 5.48 per cent Government Stock, 2009 was fully subscribed. The notified amount for the paper was Rs 4,000 crore. RBI received 176 competitive bids for Rs 14,813 crore. The cut-off price was Rs 95.97 (7.9149 per cent YTM). Of these, RBI accepted 37 bids for Rs 4,000 crore.

The partial allotment percentage of competitive bids was 54.39 per cent from 14 bids. The weighted average price was Rs 95.99.

— Our Bureau

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