State Government Securities - Full Auction Result

On August 25, 2026, the State Government Securities auction concluded with the successful allotment of various government securities across different states. The notified amounts for each security ranged from ₹1000 to ₹2400 crore, with tenors spanning from 5 to 22 years.

For the Andhra Pradesh SGS 2039 and SGS 2051, a competitive bidding process was held, where 40 out of 81 bids were accepted at a cut-off yield of 7.6695% and a cut-off price of ₹99.10. Similarly, the Gujarat SGS 2036 and SGS 2041 saw 35 and 70 bids respectively accepted, with a cut-off yield of 7.47% and 7.59% respectively.

In contrast, non-competitive bids for these Andhra Pradesh and Gujarat securities were highly accepted, with 94.41% and 92.32% of bids being filled, respectively. For Haryana's SGS 2035 and SGS 2048, and Maharashtra's SGS 2031 and SGS 2039, the process was similar, with a majority of competitive bids accepted and non-competitive bids also receiving substantial allotment.

The weighted average yields for each security ranged from 7.47% to 7.69%, with total allotment amounts matching the notified amounts for all securities. This auction concluded with a high level of participation and successful allotment, reflecting strong investor interest in these government securities.