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CORRECTED-(official)-India cbank says 9 states raise 72.10 bln via loans
December 31, 2013 / 10:00 AM / 4 years ago

CORRECTED-(official)-India cbank says 9 states raise 72.10 bln via loans

(Corrects first paragraph and table to say total amount
accepted was 72.10 billion rupees, not 78.10 billion)
    MUMBAI, Dec 31 (Reuters) - Nine Indian states raised a total
of 72.10 billion rupees via 10-year state development loans, the
Reserve Bank of India said on Tuesday.
    The central bank did not accept any bids at the auction for
Haryana state loans.
    For detailed results of the state loans see:

  No  State            Notified    Amount     Tenor     Cut-off
                       Amount     Accepted   (Years)     Yield
                         (bln       (bln                 (PCT)
                        rupees)    rupees)             
  1   Andhra Pradesh       19.00      19.00     10       9.38
  2   Goa                   1.00       1.00     10       9.35
  3   Haryana              10.00        nil     10         -
  4   Jharkhand             5.00       5.00     10       9.36
  5   Maharashtra          15.31      15.31     10       9.35
  6   Tamil Nadu*          10.00      11.79     10       9.41
  7   Tripura               2.00       2.00     10       9.39
  8   Uttarakhand           5.00       5.00     10       9.40
  9   Uttar Pradesh         5.00       5.00     10       9.39
 10   West Bengal           8.00       8.00     10       9.40
      Total                80.31      72.10                
 
    * Govt of Tamil Nadu has retained additional subscription of
1.79 bln rupees over the notified amount

 (Reporting by Himank Sharma; Editing by Anupama Dwivedi)

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