This is a press release from the Reserve Bank of India, dated October 07, 2025, regarding the results of a yield/price-based auction of State Government Securities.
The total amount to be raised was ₹9410 Crore, and the amount accepted was also ₹9410 Crore. Specific details for each state/UT are as follows:
* **Andhra Pradesh:** ₹900 Crore accepted with a cut-off yield of 7.14% and tenor of 08 years and ₹1000 Crore accepted with a cut-off yield of 7.27% and tenor of 11 years.
* **Gujarat:** ₹2000 Crore accepted with a cut-off yield of 7.06% and tenor of 08 years.
* **Jammu and Kashmir:** ₹400 Crore accepted with a cut-off yield of 7.39% and tenor of 12 years, ₹1000 Crore accepted with a cut-off yield of 7.26% and tenor of 16 years and ₹1000 Crore accepted with a cut-off yield of 7.26% and tenor of 17 years.
* **Maharashtra:** ₹1500 Crore accepted at a price of ₹100.53 with a cut-off yield of 7.0900%, which is a re-issue of 7.18% Maharashtra SGS 2033, issued on September 10, 2025; and ₹1500 Crore accepted at a price of ₹100.45 with a cut-off yield of 7.2093%, which is a re-issue of 7.27% Maharashtra SGS 2036, issued on September 24, 2025.
* **Mizoram:** ₹110 Crore accepted with a cut-off yield of 7.31% and tenor of 16 years.
The press release number is 2025-2026/1255. The Deputy General Manager (Communications), Ajit Prasad, can be contacted for further information. The Department of Communication's contact information is: Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, Phone: 022 - 2266 0502. Their email is helpdoc@rbi.org.in and website is www.rbi.org.in.
Key Entities Referenced
State Government Securities: The type of securities being auctioned, indicating the scope of the financial activity.
Reserve Bank of India: The issuer and regulator involved in the auction process.
Andhra Pradesh: One of the states participating in the auction of state government securities.
Gujarat: One of the states participating in the auction of state government securities.
Jammu and Kashmir: One of the states participating in the auction of state government securities.