On November 11, 2025, the Reserve Bank of India (RBI) released the results of the yield/price-based auction of State Government Securities. A total amount of ₹16560 Crore was intended to be raised, with ₹15560 Crore accepted. The States/UTs involved, the amount raised and accepted for each (in ₹ Crore), the cut-off price/yield (%), and the tenor (in years) are detailed in the table below:
* Bihar: ₹1500 (Raised), ₹1500 (Accepted), 7.44%, 15 years
* Chhattisgarh: ₹500 (Raised), ₹500 (Accepted), 100.52/6.3876%, Re-issue of 6.59% Chhattisgarh SDL 2028, issued on October 06, 2021
₹1000 (Raised), ₹1000 (Accepted), 99.98/7.1408%, Re-issue of 7.14% Chhattisgarh SGS 2033, issued on February 12, 2025
* Jammu and Kashmir: ₹450 (Raised), ₹450 (Accepted), 7.46%, 20 years
* Madhya Pradesh: ₹1500 (Raised), ₹1500 (Accepted), 7.45%, 16 years
₹1500 (Raised), ₹1500 (Accepted), 7.46%, 18 years
₹1000 (Raised), ₹1000 (Accepted), 7.45%, 19 years
* Maharashtra: ₹1000 (Raised), ₹1000 (Accepted), 7.07%, 08 years
₹1000 (Raised), ₹1000 (Accepted), 7.25%, 12 years
* Mizoram: ₹110 (Raised), ₹110 (Accepted), 7.14%, 08 years
* Tamil Nadu: ₹1000 (Raised), ₹1000 (Accepted), 7.01%, 07 years
₹1000 (Raised), - (Accepted), 15 years (Tamil Nadu has not accepted any amount in the 15-year security.)
₹1000 (Raised), ₹1000 (Accepted), 100.21/7.1100%, Re-issue of 7.14% Tamil Nadu SGS 2035, issued on November 06, 2025
* Telangana: ₹1000 (Raised), ₹1000 (Accepted), 7.44%, 31 years
* Uttar Pradesh: ₹1500 (Raised), ₹1500 (Accepted), 7.02%, 07 years
₹1500 (Raised), ₹1500 (Accepted), 7.24%, 11 years
The press release number is 2025-2026/1484. For communications, contact Ajit Prasad, Deputy General Manager. The RBI website is www.rbi.org.in, and the email is helpdoc@rbi.org.in. The Department of Communication's Central Office is located at Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, and the phone number is 022 - 2266 0502.
Key Entities Referenced
State Government Securities: Subject of the auction in the press release.
Reserve Bank of India: Issuer of the press release regarding the auction.
Bihar: One of the States/UTs mentioned in the press release, participating in the auction.
Tamil Nadu: One of the States/UTs mentioned in the press release, participating in the auction.