Auction of State Government Securities
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹16,900 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Andhra Pradesh 1000 Re-issue of 7.46% Andhra Pradesh SGS 2035, issued on August 12, 2026 Price 1200 Re-issue of 7.65% Andhra Pradesh SGS 2043, issued on March 11, 2026 Price 1600 Re-issue…
The Reserve Bank of India is set to conduct an auction of state government securities, with a total face value of ₹16,900 Crore, on September 8, 2026. The auction will cover securities issued by Andhra Pradesh, Goa, Gujarat, Jammu and Kashmir, Maharashtra, Meghalaya, Punjab, and Rajasthan. Each state will offer securities with varying tenors and yields, with the government allotting up to ten percent of the notified amount of the sale to eligible individuals and institutions.
Individual investors can also participate in the auction through the Retail Direct portal. Bids, both competitive and non-competitive, should be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system on the auction day.
Brief written by urgent.news from Reserve Bank of India's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
