On November 11, 2025, 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 ₹16560 Crore, while the total amount accepted was ₹15560 Crore. Details of the auction are as follows:
* Bihar: ₹1500 Crore, Cut off Yield 7.44%, Tenor 15 years
* Chhattisgarh: ₹500 Crore, Cut off Price 100.52/6.3876%, Re-issue of 6.59% Chhattisgarh SDL 2028, issued on October 06, 2021; ₹1000 Crore, Cut off Price 99.98/7.1408%, Re-issue of 7.14% Chhattisgarh SGS 2033, issued on February 12, 2025
* Jammu and Kashmir: ₹450 Crore, Cut off Yield 7.46%, Tenor 20 years
* Madhya Pradesh: ₹1500 Crore, Cut off Yield 7.45%, Tenor 16 years; ₹1500 Crore, Cut off Yield 7.46%, Tenor 18 years; ₹1000 Crore, Cut off Yield 7.45%, Tenor 19 years
* Maharashtra: ₹1000 Crore, Cut off Yield 7.07%, Tenor 08 years; ₹1000 Crore, Cut off Yield 7.25%, Tenor 12 years
* Mizoram: ₹110 Crore, Cut off Yield 7.14%, Tenor 08 years
* Tamil Nadu: ₹1000 Crore, Cut off Yield 7.01%, Tenor 07 years; ₹1000 Crore, Cut off Price 100.21/7.1100%, Re-issue of 7.14% Tamil Nadu SGS 2035, issued on November 06, 2025. Tamil Nadu has not accepted any amount in the 15-year security.
* Telangana: ₹1000 Crore, Cut off Yield 7.44%, Tenor 31 years
* Uttar Pradesh: ₹1500 Crore, Cut off Yield 7.02%, Tenor 07 years; ₹1500 Crore, Cut off Yield 7.24%, Tenor 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 email is helpdoc@rbi.org.in. The phone number is 022-2266 0502.
Key Entities Referenced
Reserve Bank of India: Central bank of India, conducting the auction of State Government Securities.
State Government Securities: Subject of the yield/price based auction.
Bihar: One of the States participating in the auction of State Government Securities.
Chhattisgarh: One of the States participating in the auction of State Government Securities.
Tamil Nadu: One of the States participating in the auction of State Government Securities.