Wave
2, (Based on Voucher Points Allocated in Each Round)
Round |
1
|
2
|
3
|
4
|
5
|
6
|
Mean Price Weighted by Supply | ||||||
Total |
50.00
|
42.59
|
35.83
|
37.18
|
29.74
|
26.44
|
Mean Price Weighted by Demand | ||||||
IPF |
50.00
|
77.58
|
57.58
|
70.75
|
70.18
|
55.18
|
II |
50.00
|
50.23
|
40.55
|
50.49
|
46.05
|
44.76
|
Mean Price Weighted by Accepted Bids | ||||||
IPF |
50.00
|
118.07
|
101.98
|
74.89
|
71.06
|
57.34
|
II |
50.00
|
138.43
|
88.20
|
55.62
|
42.91
|
45.67
|
Percentage of Shares Demanded that Are Actually Allocated by Round | ||||||
IPF |
20.0
|
17.9
|
17.0
|
53.5
|
80.0
|
83.8
|
II |
15.8
|
8.7
|
14.3
|
54.0
|
76.7
|
82.6
|
Voucher Point Allocation by Round (Billions) | ||||||
IPF |
772
(19.74%) |
1651
(42.23%) |
590
(15.09%) |
575
(14.71%) |
257
(6.58%) |
62
(1.58%) |
II |
275
(12.21%) |
470
(20.91%) |
434
(19.29%) |
681
(30.27%) |
254
(11.27%) |
102
(4.51%) |
Percentage of Available Points Bid | ||||||
IPF |
99.0
|
93.5
|
97.6
|
98.9
|
100.0
|
100.0
|
II |
77.4
|
83.0
|
88.8
|
84.8
|
87.6
|
85.8
|
Source: Authors computation