On December 30, 2025, the Reserve Bank of India (RBI) released the results of the yield/price-based auction of state government securities. The total amount to be raised and the total amount accepted was ₹35450 Crore. Cut off yields ranged from 6.86% to 7.58% and the tenor ranged from 4 to 21 years.
Specific details by state are as follows:
* **Andhra Pradesh:** ₹1000 Crore accepted at yields of 7.37% (9 years), 7.44% (10 years), 7.52% (12 years), and 7.54% (17 years).
* **Assam:** ₹1000 Crore accepted at 7.56% (20 years).
* **Bihar:** ₹1400 Crore accepted at 7.42% (6 years).
* **Haryana:** ₹1000 Crore accepted at 7.54% (15 years).
* **Himachal Pradesh:** ₹1000 Crore accepted at 7.56% (15 years).
* **Karnataka:** ₹1000 Crore accepted at a price of 99.61 (yield 7.1804%) for re-issue of 7.10% SGS 2032 (issued January 8, 2025), and ₹1000 Crore at a price of 98.42 (yield 7.2981%) for re-issue of 7.03% SGS 2033 (issued March 26, 2025). Additionally, ₹2000 Crore accepted at yield 7.46% (11 years) and ₹2000 Crore at yield 7.53% (13 years).
* **Kerala:** ₹2000 Crore accepted at 7.56% (18 years).
* **Madhya Pradesh:** ₹1200 Crore accepted at 7.02% (5 years), ₹1200 Crore accepted at 7.50% (11 years), ₹1000 Crore accepted at 7.54% (21 years).
* **Manipur:** ₹150 Crore accepted at 7.54% (13 years).
* **Rajasthan:** ₹1000 Crore accepted at 6.90% (4 years), ₹1000 Crore accepted at 7.24% (6 years), and ₹1000 Crore at a price of 100.07 (yield 7.5296%) for re-issue of 7.54% SGS 2035 (issued December 24, 2025).
* **Tamil Nadu:** ₹1500 Crore accepted at 6.86% (4 years), ₹1000 Crore at a price of 99.34 (yield 7.1322%) for re-issue of 7.00% SGS 2031 (issued August 28, 2025), and ₹2000 Crore at a price of 99.74 (yield 7.3798%) for re-issue of 7.34% SGS 2034 (issued December 24, 2025).
* **Telangana:** ₹1500 Crore accepted at 7.42% (10 years) and ₹1000 Crore accepted at 7.52% (11 years).
* **Tripura:** ₹500 Crore accepted at 7.54% (15 years).
* **Uttarakhand:** ₹1000 Crore accepted at a price of 96.16 (yield 7.5386%) for re-issue of 6.97% SGS 2035 (issued July 30, 2025).
* **West Bengal:** ₹2000 Crore accepted at 7.58% (17 years) and ₹2000 Crore accepted at 7.57% (21 years).
Contact: Ajit Prasad, Deputy General Manager (Communications). Phone: 022 - 2266 0502. Email: helpdoc@rbi.org.in. Website: www.rbi.org.in/hindi or www.rbi.org.in. Press Release: 2025-26/1798. Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001
Key Entities Referenced
State Government Securities: Securities issued by state governments in India, being auctioned by the Reserve Bank of India.
Reserve Bank of India: The central bank of India, responsible for auctioning state government securities.
State: Refers to the individual states (e.g., Andhra Pradesh, Assam) that are issuing the securities.