This press release from the Reserve Bank of India, dated December 16, 2025, details the results of a yield/price-based auction of State Government Securities. The total amount to be raised was ₹17850 crore, with ₹15330 crore accepted. The release provides state-wise details including the amount to be raised, the amount accepted, the cut-off price/yield (%), and the tenor in years. Specific details include: Assam (₹900 crore @7.59% for 14 years, ₹1000 crore @7.37% for 8 years), Chhattisgarh (₹1000 crore @ 100.83/7.0694% for re-issue of 7.29% Chhattisgarh SGS 2030 issued on June 07, 2023), Goa (₹100 crore @7.34% for 10 years, ₹1000 crore @ 7.27% for 9 years), Maharashtra (₹1000 crore @98.80/7.2706% for re-issue of 7.07% Maharashtra SGS 2033 issued on November 12, 2025, ₹1000 crore @ 98.67/7.4189 for re-issue of 7.25% Maharashtra SGS 2037 issued on November 12, 2025), Nagaland (₹500 crore @7.14% for 5 years), Puducherry (₹150 crore @7.14% for 5 years, ₹200 crore @7.56% for 10 years), West Bengal (₹1000 crore @7.61% for 16 years, ₹1000 crore @7.52% for 19 years). Some states did not accept the full amount in certain tenor. Uttar Pradesh accepted ₹980 crore instead of ₹1500 crore for the 14-year tenor at 7.51%. Contact for more information: Ajit Prasad, Deputy General Manager (Communications).
Key Entities Referenced
State Government Securities: Securities issued by State Governments, auctioned based on yield/price.
Reserve Bank of India: India's central bank, which issues the press release and conducts the auction.
Maharashtra SGS 2033: A specific State Government Security (SGS) of Maharashtra, with maturity in 2033.
Chhattisgarh SGS 2030: A specific State Government Security (SGS) of Chhattisgarh, with maturity in 2030.
Uttar Pradesh SGS 2033: A specific State Government Security (SGS) of Uttar Pradesh, with maturity in 2033.