Result of Yield/ Price Based Auction of State Government Securities

**Summary:** On September 9, 2025, the Reserve Bank of India (RBI) released the results of the yield/price-based auction of State Government Securities (SDLs). The total amount to be raised was ₹15,300 crore, with ₹14,900 crore accepted. Individual state allocations and cut-off yields are as follows: * **Bihar:** ₹2000 crore accepted; 7.02% (5 year tenor), 7.45% (9 year tenor), 7.52% (11 year tenor) * **Goa:** ₹100 crore accepted; 7.48% (11 year tenor) * **Haryana:** ₹500 crore accepted; 7.47% (15 year tenor) * **Jammu and Kashmir:** ₹1000 crore accepted; 7.51% (16 year tenor) * **Madhya Pradesh:** ₹300 crore accepted; 7.51% (20 year tenor). Also Reissue of 6.99 Madhya Pradesh SDL 2041, issued on November 17, 2021; ₹1500 crore accepted; 7.48% (17 year tenor), 7.50% (19 year tenor). * **Maharashtra:** ₹1000 crore accepted; 7.5201% (2041 tenor), 6.74% (4 year tenor). * **Nagaland:** ₹1000 crore accepted; 7.18% (8 year tenor), 7.24% (9 year tenor) Nagaland did not accept any amount in the 10-year security. The Department of Communication at the RBI's Central Office can be contacted at: Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001; email: helpdoc@rbi.org.in; Phone: 022-2266 0502. The RBI's website is www.rbi.org.in. This press release was issued by Deputy General Manager, Communications, Ajit Prasad. Press Release number: 2025-2026/1056.

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