Auction of State Government Securities
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹ 35,900 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Arunachal Pradesh 600 20 Yield 2. Assam 600 Re-issue of 7.66% Assam SGS 2036, issued on June 17, 2026 Price 700 15 Yield 3. Bihar 1000 Re-issue of 7.66% Bihar SGS 2041, issued on July…
The State Governments of Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Delhi, Goa, Haryana, Kerala, Madhya Pradesh, Mizoram, Odisha, Tamil Nadu, Telangana, Uttar Pradesh, Uttarakhand, and West Bengal have offered to sell state government securities through an auction. The total amount to be raised from these sales is ₹35,900 Crore.
The auction will be held on September 15, 2026, using the Reserve Bank of India's Core Banking Solution (E-Kuber) system. Each state government's securities will have a different tenor, ranging from 12 to 26 years, with varying yields per annum. Upon successful bidding, eligible individuals and institutions will be allocated up to ten percent of the notified sale amount per stock, with a maximum of one percent of the notified amount per stock per bid.
Individual investors can participate in the auction via the Retail Direct portal. Both competitive and non-competitive bids must be submitted in electronic format on the specified date. In case of technical issues, contact the Core Banking Operations Team. For technical difficulties, the Public Debt Office can be contacted for physical bids, which would only be accepted if the system fails.
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.
