State Government Securities - Full Auction Result
The result of the auction of State Government Securities held on September 08, 2026 , is as under: (Amount in ₹ Crore) ANDHRA PRADESH SGS 2035 ANDHRA PRADESH SGS 2043 ANDHRA PRADESH SGS 2056 GOA SGS 2036 Notified Amount 1000 1200 1600 100 Tenor Re-issue of 7.46% ANDHRA SGS 2035 issued on 12-AUG-2026 Re-issue of 7.65% ANDHRA SGS 2043 issued on 11-MAR-2026 Re-issue of 7.64% ANDHRA SGS 2056 issued…
On September 08, 2026, the state government securities auction concluded with varying results for different states. Andhra Pradesh saw the successful re-issuance of 7.46%, 7.65%, and 7.64% SGS bonds, while Goa issued the 7.63% SGS 2036 bond. Gujarat and Jammu and Kashmir also reported successful auctions for their respective bond issues.
The competitive bids garnered significant attention, with Andhra Pradesh accepting bids amounting to ₹9,615.381, ₹1,152.146, and ₹1,578.816. Gujarat's auction saw a total of ₹4,793.279 in competitive bids, while Jammu and Kashmir's auction resulted in ₹4,793.657. Non-competitive bids also played a role in the overall allotment, with Andhra Pradesh accepting bids totaling ₹8,128 and Gujarat and Jammu and Kashmir each accepting bids of ₹8,128 as well.
The cut-off yields varied slightly across the states, with Andhra Pradesh's highest cut-off yield at 7.6198% for the 7.46% bond and Goa's cut-off yield at 7.6300% for the 7.63% bond. The cut-off prices for the bonds also varied, with Andhra Pradesh's highest cut-off price at ₹98.97 for the 7.46% bond and Gujarat's cut-off price at ₹100 for the 7.75% bond.
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.
