Result of Yield/ Price Based Auction of State Government Securities

**Summary:** On August 19, 2025, the Reserve Bank of India (RBI) released the results of a yield-price-based auction of State Government Securities (SGS). The total amount to be raised and the total amount accepted was ₹17,600 crore. The auction included securities from the following states, with the corresponding amounts accepted, cut-off yields, and tenors: * **Bihar:** ₹2000 crore; 7.48%; 14 years * **Goa:** ₹100 crore; 7.17%; 10 years * **Gujarat:** ₹1500 crore; 7.02%; 8 years * **Kerala:** ₹2000 crore; 7.49%; 31 years * **Maharashtra:** ₹1000 crore reissue of 6.98% SGS 2037 (issued on June 25, 2025) at ₹97.48 with a yield of 7.2997%; ₹1000 crore reissue of 7.03% SGS 2038 (issued on June 25, 2025) at ₹96.95 with a yield of 7.4003%; ₹1000 crore reissue of 7.08% SGS 2039 (issued on June 25, 2025) at ₹97.62 with a yield of 7.3553%; ₹1000 crore reissue of 7.04% SGS 2040 (issued on June 25, 2025) at ₹96.87 with a yield of 7.3892% * **Odisha:** ₹1000 crore; 6.95%; 6 years and ₹1000 crore; 7.09%; 10 years * **Tamil Nadu:** ₹1000 crore; 7.44%; 30 years * **Uttar Pradesh:** ₹3000 crore; 7.12%; 8 years * **West Bengal:** ₹2000 crore; 7.45%; 19 years The press release was issued by Ajit Prasad, Deputy General Manager, Communications. The RBI's Department of Communication can be contacted at the Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001, via email at helpdoc@rbi.org.in, or by phone at 022-2266 0502. The RBI's website is www.rbi.org.in. The press release number is 2025-26/935.

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