This press release from the Reserve Bank of India, dated November 25, 2025, details the results of the yield/price-based auction of State Government Securities.
The total amount to be raised was ₹26,550 crore, while the total amount accepted was ₹25,067.202 crore.
Individual State/UT results are as follows:
* **Bihar:** ₹1500 crore accepted at 7.46% yield for a 20-year tenor, and ₹500 crore accepted at 7.19% yield for a 10-year tenor.
* **Chhattisgarh:** ₹1000 crore accepted at a price of 99.01/7.4500% yield. Re-issue of 7.34% Chhattisgarh SGS 2040, issued on October 23, 2025.
* **Gujarat:** ₹1000 crore accepted at 6.98% yield for a 07-year tenor.
* **Haryana:** ₹1500 crore accepted at 7.07% yield for a 08-year tenor.
* **Jammu and Kashmir:** ₹1000 crore accepted at 7.41% yield for a 15-year tenor.
* **Kerala:** ₹700 crore accepted at 7.51% yield for a 15-year tenor.
* **Manipur:** ₹1500 crore accepted at 7.45% yield for a 25-year tenor.
* **Punjab:** ₹150 crore accepted at 7.31% yield for a 12-year tenor. ₹517.202 crore accepted at 7.29% yield for a 08-year tenor, ₹1000 crore accepted at 6.56% yield for a 04-year tenor and ₹1200 crore accepted at 7.24% yield for a 11-year tenor.
* **Rajasthan:** ₹1000 crore accepted at a price of 101.92/7.2101% yield. Re-issue of 7.49% Rajasthan SGS 2035, issued on August 28, 2025.
* **Sikkim:** ₹500 crore accepted at 7.21% yield for a 10-year tenor, ₹1000 crore accepted at 7.14% yield for a 09-year tenor and ₹1000 crore accepted at 7.44% yield for a 30-year tenor.
* **Tamil Nadu:** ₹1000 crore accepted at a price of 100.14/7.1398% yield. Re-issue of 7.16% Tamil Nadu SGS 2035, issued on November 19, 2025 and ₹1000 crore accepted at a price of 100.00/7.1997% yield. Re-issue of 7.20% Tamil Nadu SGS 2036, issued on November 19, 2025.
* **Telangana:** ₹500 crore accepted at 7.34% yield for a 13-year tenor, ₹2000 crore accepted at 7.46% yield for a 17-year tenor, ₹1500 crore accepted at 7.45% yield for a 23-year tenor and ₹1000 crore accepted at 7.45% yield for a 28-year tenor.
* **Uttarakhand:** ₹1000 crore accepted at 7.06% yield for a 07-year tenor.
* **West Bengal:** ₹2000 crore accepted at 7.48% yield for a 19-year tenor.
*Chhattisgarh has accepted a partial amount of ₹500 crore in the 10-year security. Punjab has accepted a partial amount of ₹517.202 crore in the 08-year security.*
The Deputy General Manager (Communications), Ajit Prasad, can be contacted for further information. The press release number is 2025-2026/1563.
Key Entities Referenced
State Government Securities: Subject of the yield/price based auction described in the press release.
Reserve Bank of India: Issuer of the press release regarding the auction of State Government Securities.
Chhattisgarh SGS 2040: State Government Security of Chhattisgarh, part of the auction, issued on October 23, 2025.
Rajasthan SGS 2035: State Government Security of Rajasthan, part of the auction, issued on August 28, 2025.
Tamil Nadu SGS 2035, 2036: State Government Security of Tamil Nadu, part of the auction, issued on November 19, 2025.