On January 06, 2026, the Reserve Bank of India released the results of the yield/price-based auction of state government securities. The total amount to be raised was ₹30100 crore, with the accepted amount also being ₹30100 crore. The Cut off Price (₹)/ Yield (%) and tenor (year) for each state are as follows: Andhra Pradesh (7.53%, 10yr), (7.64%, 14yr), (7.61%, 16yr), (7.60%, 18yr), (7.60%, 19yr), (7.59%, 21yr); Assam (7.57%, 10yr); Chhattisgarh (7.50%, 09yr), (7.59%, 20yr); Jammu and Kashmir (7.67%, 12yr); Karnataka (7.16%, 05 year and 06 months) and (99.69/7.2501 Re-issue of 7.19% Karnataka SGS 2032, issued on December 24, 2025); Madhya Pradesh (7.34%, 08yr), (7.51%, 10 year and 06 months), (6.95%, 04yr), (7.59%, 12yr), (7.59%, 18yr); Rajasthan (7.65%, 14yr); Tamil Nadu (6.92%, 04yr), (7.22%, 06yr), (99.55/7.4844 Re-issue of 7.42% Tamil Nadu SGS 2035, issued on December 31, 2025); West Bengal (7.50%, 11yr), (7.58%, 30yr), (7.64%, 15yr), (7.61%, 19yr), (7.60%, 21yr).
For further information, contact Ajit Prasad, Deputy General Manager (Communications). Press Release number: 2025-2026/1861.
Key Entities Referenced
State Government Securities: Subject of the auction, securities issued by state governments
RBI: Regulator conducting the auction. Reserve Bank of India.
Karnataka SGS 2032: State Government Security (SGS) being re-issued, specific to Karnataka.
Tamil Nadu SGS 2035: State Government Security (SGS) being re-issued, specific to Tamil Nadu.
Andhra Pradesh: State involved in the securities auction.