On October 28, 2025, the Reserve Bank of India (RBI) released the results of the yield/price based auction of State Government Securities. The total amount to be raised and the amount accepted was ₹17800 Crore.
Here's a breakdown by state/UT:
* Goa: ₹100 Crore, Cut off Yield: 7.28%, Tenor: 12 years
* Haryana: ₹1000 Crore, Cut off Yields: 7.10%, 7.29%, 7.35%, 7.38%, Tenors: 8, 12, 14, 16 years
* Himachal Pradesh: ₹200 Crore, Cut off Yield: 6.99%, Tenor: 6 years
* Jammu and Kashmir: ₹300 Crore, Cut off Yield: 7.41%, Tenor: 17 years
* Madhya Pradesh: ₹2700 Crore, ₹2500 Crore, Cut off Yield: 7.40%, Tenors: 21, 22 years
* Punjab: ₹2000 Crore, Cut off Yield: 7.49%, Tenor: 15 years
* Sikkim: ₹500 Crore, Cut off Yield: 7.23%, Tenor: 10 years
* Tamil Nadu: ₹1000 Crore, Cut off Price/Yield: 99.92/7.0043 (Re-issue of 6.99% Tamil Nadu SGS 2032, issued on October 23, 2025); ₹1000 Crore, Cut off Price/Yield: 99.86/7.1596 (Re-issue of 7.14% Tamil Nadu SGS 2035, issued on October 23, 2025); ₹2000 Crore, Cut off Price/Yield: 100.61/7.3884 (Re-issue of 7.44% Tamil Nadu SGS 2055, issued on October 01, 2025)
* Uttar Pradesh: ₹1500 Crore, Cut off Yield: 7.35%, Tenor: 14 years
Contact: Ajit Prasad, Deputy General Manager (Communications). Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502. Website: www.rbi.org.in, email: helpdoc@rbi.org.in.
Press Release: 2025-2026/1398
Key Entities Referenced
State Government Securities: Subject of the yield/price based auction
Reserve Bank of India: Publisher of the press release regarding the auction
Tamil Nadu SGS 2032: Re-issued State Government Security
Tamil Nadu SGS 2035: Re-issued State Government Security
Tamil Nadu SGS 2055: Re-issued State Government Security