Home› India› Reserve Bank of India› State Government Securities - Full Auction Result...
Date: 2025-12-02 Category: Not Applicable State: Union Government Country: India

State Government Securities - Full Auction Result

Issued by Reserve Bank of India · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Executive Summary** This press release from the Reserve Bank of India, dated December 02, 2025, presents the full results of the auction for State Government Securities (SGS). The results include details on notified amounts, tenors, bids received and accepted, and weighted average yields for various states and security years. The information is provided in Crore. **Key Points / Main Content** * **Auction Overview:** * The document presents the results of the auction of State Government Securities held on December 02, 2025. * The data is provided for multiple states, specifying State Government Securities (SGS) by the year of maturity. * **Bidding Details:** * **Competitive Bids:** * Number of bids received and amount bid are specified for each state and SGS. * Cut-off Yield (%) and Cut-off Price (₹) are provided. * Number of bids accepted and the amount accepted are detailed. * Percentage of partial allotment of competitive bids is specified. * **Non-Competitive Bids:** * Number of bids received and amount bid are specified for each state and SGS. * The price for non-competitive bids is mentioned. * Number of bids accepted and the amount accepted are detailed. * Percentage of partial allotment of non-competitive bids is specified. * **Financial Data:** * Weighted Average Yield (%) is provided for each state and SGS. * Total Allotment Amount is provided for each state and SGS. **Impact Analysis** **State Governments (Andhra Pradesh, Bihar, Gujarat, Himachal Pradesh, Madhya Pradesh, Maharashtra, Meghalaya, Punjab, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal):** * **Impact:** These entities are directly affected as these are the results of their State Government Securities auction. * **Action Required:** Review the auction results to understand the cost of borrowing (yields) and the amounts allocated to manage their finances. **Investors (Banks, Financial Institutions, etc.):** * **Impact:** Investors who participated in the auction receive information on whether their bids were accepted, the yields they will receive, and the allocation amounts. * **Action Required:** Evaluate the auction results to reconcile their allocations and returns and plan for further investment strategies based on market trends.

Key Entities Referenced

State Government Securities: The primary subject of the document, referring to debt instruments issued by state governments. Reserve Bank of India: The organization releasing the auction results for the State Government Securities. ANDHRA PRADESH SGS: A state issuing SGS bonds, with specific maturities detailed in the document (2036, 2040, 2044). BIHAR SGS: A state issuing SGS bonds, with specific maturities detailed in the document (2035). Mumbai: The location of the Reserve Bank of India's central office issuing the press release.
Official Source Record View Original Source →
See Full Document Text
प्रेस प्रकाशनी PRESS RELEASE भारतीय ररज़र्व बैंक RESERVE BANK OF INDIA वेबसाइट : www.rbi.org.in/hindi संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502 December 02, 2025 State Government Securities - Full Auction Result The result of the auction of State Government Securities held on December 02, 2025, is as under: (Amount in ₹ Crore) ANDHRA PRADESH ANDHRA PRADESH ANDHRA PRADESH BIHAR SGS SGS 2036 SGS 2040 SGS 2044 2035* Notified Amount 1000 1000 1000 1500 Tenor 11 -Years 15 -Years 19 -Years 10 -Years Competitive Bids Received (i) No. 60 79 81 37 (ii) Amount 3535 3561 3680 1625 Cut-off Yield (%) 7.35 7.53 7.59 7.40 Cut off Price (₹) 100 100 100 100 Competitive Bids Accepted (i) No. 18 35 42 29 (ii) Amount 915.051 900 969.554 830 Partial Allotment Percentage of Competitive Bids (i) Percentage 91.2460 60.6452 9.0667 (ii) No. 6 6 7 Non - Competitive Bids Received (i) No. 13 15 5 9 (ii) Amount 84.949 117.400 30.446 79.974 Non-Competitive 100.14 100.24 100.37 100.56 Price (₹) Non-Competitive Bids Accepted (i) No. 13 15 5 9 (ii) Amount 84.949 100 30.446 79.974 Partial Allotment Percentage of Non-Competitive Bids Percentage 85.1789 Weighted Average 7.3314 7.5035 7.5531 7.3207 Yield (%)2 Total Allotment 1000 1000 1000 909.974 Amount GUJARAT HIMACHAL MADHYA PRADESH MADHYA PRADESH SGS 2034 PRADESH SGS 2029 SGS 2033 SGS 2038 Notified Amount 1000 350 1000 1000 Tenor 9 -Years 4 -Years 8 -Years 13 -Years Competitive Bids Received (i) No. 69 11 42 71 (ii) Amount 3565 1320 2990 4768 Cut-off Yield (%) 7.17 6.75 7.20 7.44 Cut off Price (₹) 100 100 100 100 Competitive Bids Accepted (i) No. 33 8 27 35 (ii) Amount 928.537 337.961 954.464 906.484 Partial Allotment Percentage of Competitive Bids (i) Percentage 52.8079 47.9889 59.7320 68.7782 (ii) No. 10 1 4 3 Non - Competitive Bids Received (i) No. 12 5 9 13 (ii) Amount 71.463 12.039 45.536 93.516 Non-Competitive 100.11 100.14 100.23 100.30 Price (₹) Non-Competitive Bids Accepted (i) No. 12 5 9 13 (ii) Amount 71.463 12.039 45.536 93.516 Partial Allotment Percentage of Non-Competitive Bids Percentage Weighted 7.1538 6.7092 7.1610 7.4035 Average Yield (%) Total Allotment 1000 350 1000 1000 Amount3 MADHYA PRADESH MAHARASHTRA MAHARASHTRA MAHARASHTRA SGS 2048 SGS 2034 SGS 2040 SGS 2029 N otified Amount 1000 1000 1000 1000 Tenor 23 -Years 9 -Years 15 -Years Re-issue of 6.74% MAHARASHTRA SGS 2029 issued on 10-SEP-2025 Competitive Bids Received (i) No. 50 61 100 44 (ii) Amount 3305 3370 5458.55 3345 Cut-off Yield (%) 7.54 7.20 7.43 6.5809 Cut off Price (₹) 100 100 100 100.51 Competitive Bids Accepted (i) No. 5 36 27 14 (ii) Amount 929.670 953.768 925.724 999.868 Partial Allotment Percentage of Competitive Bids (i) Percentage 88.9670 32.5120 62.1278 65.6389 (ii) No. 1 5 10 2 Non - Competitive Bids Received (i) No. 8 11 11 2 (ii) Amount 70.330 46.232 74.276 0.132 Non-Competitive 100.01 100.20 100.11 100.54 Price (₹) Non-Competitive Bids Accepted (i) No. 8 11 11 2 (ii) Amount 70.330 46.232 74.276 0.132 Partial Allotment Percentage of Non- Competitive Bids Percentage Weighted Average 7.5391 7.1687 7.4179 6.5718 Yield (%) Total Allotment 1000 1000 1000 1000 Amount4 MEGHALAYA SGS PUNJAB SGS RAJASTHAN TAMILNADU SGS 2035 2035 SGS 2035 2032 N otified Amount 500 1000 1000 1000 Tenor 10 -Years 10 -Years 10 -Years 7 -Years Competitive Bids Received (i) No. 24 49 45 35 (ii) Amount 765 1684.500 2825 3305 Cut-off Yield (%) 7.44 7.49 7.24 7.09 Cut off Price (₹) 100 100 100 100 Competitive Bids Accepted (i) No. 18 37 3 17 (ii) Amount 483.078 913.894 900 961.687 Partial Allotment Percentage of Competitive Bids (i) Percentage 10.7340 38.6035 76.1905 86.0680 (ii) No. 2 4 2 2 Non - Competitive Bids Received (i) No. 6 13 13 9 (ii) Amount 16.922 86.106 118.284 38.313 Non-Competitive 100.62 100.28 100.04 100.14 Price (₹) Non-Competitive Bids Accepted (i) No. 6 13 13 9 (ii) Amount 16.922 86.106 100 38.313 Partial Allotment Percentage of Non- Competitive Bids Percentage 84.5423 Weighted Average 7.3519 7.4496 7.2344 7.0649 Yield (%) Total Allotment 500 1000 1000 1000 Amount5 TAMILNADU SGS TAMILNADU TAMILNADU SGS TELANGANA 2033 SGS 2035 2055 SGS 2039 N otified Amount 1000 1000 1000 1500 Tenor 8 -Years 10 -Years 30 -Years 14 -Years Competitive Bids Received (i) No. 37 51 28 76 (ii) Amount 3075 3675 3530 3678 Cut-off Yield (%) 7.18 7.20 7.52 7.49 Cut off Price (₹) 100 100 100 100 Competitive Bids Accepted (i) No. 18 12 2 35 (ii) Amount 969.423 920.973 959.425 1350 Partial Allotment Percentage of Competitive Bids (i) Percentage 18.8460 77.4049 94.5246 85.6250 (ii) No. 2 6 2 6 Non - Competitive Bids Received (i) No. 7 10 6 16 (ii) Amount 30.577 79.027 40.575 160.013 Non-Competitive 100.19 100.01 100 100.28 Price (₹) Non-Competitive Bids Accepted (i) No. 7 10 6 16 (ii) Amount 30.577 79.027 40.575 150 Partial Allotment Percentage of Non- Competitive Bids Percentage 93.7424 Weighted Average 7.1482 7.1988 7.5200 7.4571 Yield (%) Total Allotment 1000 1000 1000 1500 Amount6 TELANGANA SGS TELANGANA TELANGANA UTTAR PRADESH 2044 SGS 2046 SGS 2052 SGS 2036 N otified Amount 1500 1500 1500 1500 Tenor 19 -Years 21 -Years 27 -Years 11 -Years Competitive Bids Received (i) No. 67 37 27 63 (ii) Amount 2535 3165 4475 4495 Cut-off Yield (%) 7.68 7.55 7.52 7.36 Cut off Price (₹) 100 100 100 100 Competitive Bids Accepted (i) No. 58 10 4 29 (ii) Amount 1350 1454.959 1429.620 1376.944 Partial Allotment Percentage of Competitive Bids (i) Percentage 20 69.0736 92.6901 4.2610 (ii) No. 4 3 2 3 Non - Competitive Bids Received (i) No. 14 6 8 13 (ii) Amount 174.750 45.041 70.380 123.056 Non-Competitive 100.92 100.09 100 100.25 Price (₹) Non-Competitive Bids Accepted (i) No. 14 6 8 13 (ii) Amount 150 45.041 70.380 123.056 Partial Allotment Percentage of Non- Competitive Bids Percentage 85.8369 Weighted Average 7.5873 7.5418 7.5198 7.3271 Yield (%) Total Allotment 1500 1500 1500 1500 Amount7 UTTAR PRADESH WEST BENGAL WEST BENGAL Total SGS 2040 SGS 2037# SGS 2042 N otified Amount 1500 2000 2000 31350 Tenor 15 -Years 12 -Years 17 -Years Competitive Bids Received (i) No. 115 55 117 1531 (ii) Amount 5786 2170 5620 91306.050 Cut-off Yield (%) 7.51 7.50 7.56 - Cut off Price (₹) 100 100 100 - Competitive Bids Accepted (i) No. 51 35 40 678 (ii) Amount 1350 775 1800 27546.084 Partial Allotment Percentage of Competitive Bids (i) Percentage 65.4795 7.8740 - (ii) No. 9 8 - Non - Competitive Bids Received (i) No. 20 17 18 289 (ii) Amount 201.066 190.019 328.722 2429.144 Non-Competitive 100.17 100.38 100.16 - Price (₹) Non-Competitive Bids Accepted (i) No. 20 17 18 289 (ii) Amount 150 190.019 200 2178.909 Partial Allotment Percentage of Non- Competitive Bids Percentage 74.6024 60.8417 - Weighted Average 7.4907 7.4514 7.5435 - Yield (%) Total Allotment 1500 965.019 2000 29724.993 Amount *Bihar has accepted partial amount of ₹909.974 crore in the 10 -year security. #West Bengal has accepted partial amount of ₹965.019 crore in the 12-year security. Ajit Prasad Press Release: 2025-2026/1614 Deputy General Manager (Communications)

Continue your research

Related Documents from Reserve Bank of India