Auction of State Government Securities
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹27,000 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Assam 1000 Re-issue of 7.62% Assam SGS 2046, issued on January 21, 2026 Price 2. Bihar 800 Re-issue of 7.42% Bihar SGS 2035, issued on July 08, 2026 Price 1200 25 Yield 3. Chhattisgarh 500…
The Indian state governments are auctioning securities with an aggregate face value of ₹27,000 Crore. Assam is re-issuing 7.62% Assam SGS bonds maturing in 2046, followed by Bihar and Chhattisgarh, each re-issuing bonds with yields of 7.42%, 7.40%, and 7.64% respectively. Himachal Pradesh, Jharkhand, and Kerala each offer re-issued bonds with varying yields and tenors.
Madhya Pradesh, Manipur, Odisha, and Sikkim also have re-issued securities with different yields and tenors. Tamil Nadu has four sets of re-issued bonds with yields ranging from 7.49% to 7.70% and tenors up to 2051. Telangana, Uttar Pradesh, and Uttarakhand offer re-issued securities with yields between 7.14% and 7.65%. Finally, West Bengal offers re-issued bonds with varying yields and tenors, totaling to a significant sum.
The auction will be conducted on the RBI's E-Kuber system on September 1, 2026, and eligible individuals and institutions can bid up to 10% of the notified amount for each stock, with a maximum of 1% per stock. Individual investors can also participate through the Retail Direct portal, and bids must be submitted electronically before the auction ends.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
