On January 20, 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 ₹13000 crore, and the total amount accepted was also ₹13000 crore.
The following is a summary of the auction results by state:
* **Assam:** ₹1000 crore was raised and accepted with a cut-off yield of 7.62% and a tenor of 20 years.
* **Jammu and Kashmir:** ₹500 crore was raised and accepted with a cut-off yield of 7.62% and a tenor of 15 years.
* **Karnataka:** ₹2000 crore was raised and accepted with a cut-off price of 100.21 and a yield of 7.2084%. This was a re-issue of 7.25% Karnataka SGS 2032, issued on January 14, 2026. Another ₹2000 crore was raised and accepted with a cut-off yield of 7.32% and a tenor of 07 year and 06 months. ₹2000 crore was raised and accepted with a cut-off yield of 7.54% and a tenor of 11 year and 06 months.
* **Odisha:** ₹500 crore was raised and accepted with a cut-off yield of 7.49% and a tenor of 10 years. Another ₹500 crore was raised and accepted with a cut-off yield of 7.59% and a tenor of 20 years.
* **Tamil Nadu:** ₹1000 crore was raised and accepted with a cut-off yield of 7.21% and a tenor of 6 years. Another ₹1000 crore was raised and accepted with a cut-off yield of 7.31% and a tenor of 7 years. ₹2000 crore was raised and accepted with a cut-off yield of 7.58% and a tenor of 30 years.
* **Uttarakhand:** ₹500 crore was raised and accepted with a cut-off yield of 7.51% and a tenor of 9 years.
The press release number is 2025-26/1952. For communications, contact Ajit Prasad, Deputy General Manager. The RBI website is www.rbi.org.in, and the email address is helpdoc@rbi.org.in. The phone number is 022 - 2266 0502. The address is Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001.
Key Entities Referenced
State Government Securities: Securities issued by state governments, auctioned based on yield/price.
Reserve Bank of India: India's central bank, conducting the auction of state government securities.
Karnataka SGS 2032: Specific security, re-issued as part of the auction.
Assam: One of the states participating in the auction of state government securities.
Jammu and Kashmir: One of the states/UTs participating in the auction of state government securities.