This press release from the Reserve Bank of India, dated October 20, 2025, details the results of yield/price-based auctions for State Government Securities. A total amount of ₹17000 Crore was raised across five states. Chhattisgarh raised ₹1000 Crore with a cut-off yield of 7.34% for a 15-year tenor, and ₹1000 Crore with a cut-off price/yield of 100.53/7.0400, re-issuing 7.14% Chhattisgarh SGS 2032 due March 19, 2025. Maharashtra raised ₹1500 Crore at 7.20% (11yr tenor), ₹1000 Crore at 7.29% (25yr tenor), ₹1000 Crore at 100.70/7.1305, re-issuing 7.24% Maharashtra SGS 2034 due September 10, 2025 and ₹1500 Crore at 99.72/7.2894, re-issuing 7.26% Maharashtra SGS 2041 due October 8, 2025. Rajasthan raised ₹2000 Crore at 7.23% (10yr tenor), ₹1500 Crore at 7.30% (26yr tenor), and ₹1500 Crore at 102.02/7.3633, re-issuing 7.57% Rajasthan SGS 2043 due August 28, 2025. Tamil Nadu raised ₹1000 Crore at 6.99% (7yr tenor), ₹1000 Crore at 7.14% (10yr tenor), and ₹1000 Crore at 101.08/7.3497, re-issuing 7.44% Tamil Nadu SGS 2055 due October 1, 2025. Uttar Pradesh raised ₹2000 Crore at 7.15% (10yr tenor). Ajit Prasad, Deputy General Manager (Communications), is the contact person for this press release, which is numbered 2025-2026/1351. The Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001 can be reached at 022 - 2266 0502. The website is www.rbi.org.in and the email is helpdoc@rbi.org.in.
Key Entities Referenced
State Government Securities: Securities issued by state governments which are being auctioned.
Reserve Bank of India: The central bank of India, conducting the auction of State Government Securities.
Chhattisgarh: One of the states participating in the auction.
Maharashtra: One of the states participating in the auction.
Rajasthan: One of the states participating in the auction.