On February 03, 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 ₹36500 Crore, while the total amount accepted was ₹38050 Crore. Individual state allocations and yields are as follows:
* Andhra Pradesh: ₹1000 Crore accepted at 7.5418% yield, tenor of 13, 15 years (Re-issue of 7.48% Andhra Pradesh SGS 2035, issued on January 28, 2026).
* Assam: ₹1000 Crore accepted at 7.68% yield, tenor of 15 years.
* Chhattisgarh: ₹1000 Crore accepted at 7.5406% yield, tenor of 16 years (Re-issue of 7.19% Chhattisgarh SGS 2035, issued on February 27, 2025).
* Gujarat: ₹1500 Crore accepted at 7.17% yield, tenor of 06 years (₹500 Crore accepted as additional amount).
* Haryana: ₹1000 Crore accepted at 7.69% yield, tenor of 15 years.
* Jammu and Kashmir: ₹500 Crore accepted at 7.72% yield, tenor of 17 years.
* Karnataka: ₹2000 Crore accepted at 7.1183% yield, tenor of 07, 09 years (Re-issue of 7.15% Karnataka SGS 2031, issued on January 28, 2026).
* Kerala: ₹1000 Crore accepted at 7.64% yield, tenor of 21 years.
* Madhya Pradesh: ₹1200 Crore accepted at 7.34% yield, tenor of 07, 17, 22 years.
* Maharashtra: ₹1850 Crore accepted at 6.90% yield, tenor of 04, 08, 11 years (₹350 Crore accepted as additional amount each for the 04-year, 08-year, and 11-year securities).
* Punjab: ₹1000 Crore accepted at 7.71% yield, tenor of 12 years.
* Tamil Nadu: ₹1000 Crore accepted at 7.5199% yield, tenor of 30 years (Re-issue of 7.50% Tamil Nadu SGS 2036, issued on January 28, 2026) and ₹1000 Crore accepted at 7.5500% yield tenor of 10 years (Re-issue of 7.53% Tamil Nadu SGS 2037, issued on January 28, 2026)
* Uttar Pradesh: ₹2000 Crore accepted at 7.61% yield, tenor of 30 years and ₹1500 Crore accepted at 7.57% yield tenor of 10 years.
* West Bengal: ₹1500 Crore accepted at 7.60% yield, tenor of 11, 17, 20 years.
For further information, contact Ajit Prasad, Deputy General Manager (Communications). Press Release number: 2025-2026/2036.
Key Entities Referenced
State Government Securities: Subject of the press release, outlining results of the yield/price based auction.
Reserve Bank of India: The publishing authority of this press release and regulator of State Government Securities
States/UTs: Refers to various states and union territories participating in the State Government Securities auction. Examples include Andhra Pradesh, Assam, and Tamil Nadu.