Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Result of Yield/ Price Based Auction of State Government Securities

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Arunachal Pradesh 600 600 7.94 20 2. Assam * 600 445.055 98.73/7.8460 Re-issue of 7.66% Assam SGS 2036, issued on June 17, 2026 700 - - 15 3. Bihar 1000 1000 97.50/7.9480 Re-issue of 7.66% Bihar SGS 2041, issued on July 22, 2026 1000 1000 97.10/8.0166 Re-issue of 7.71% Bihar SGS…

Arunachal Pradesh successfully raised its full ₹600 crore target in the yield/price based auction of state government securities. Assam, however, only managed to accept ₹445.055 crore out of its ₹600 crore demand. Both of these states issued securities with a 20-year tenor and a cut-off price of 7.94%.

Bihar, on the other hand, managed to fully raise its ₹1000 crore target. The re-issue of 7.66% Bihar SGS 2041 attracted a cut-off price of 7.9480%. The other 7.71% Bihar SGS 2044 was also fully subscribed at a cut-off price of 8.0166%.

Chhattisgarh raised its full ₹500 crore demand. The 12-year security had a cut-off price of 7.88%, while the 21-year security had a cut-off price of 7.99%.

Delhi's ₹300 crore demand was fully met. The re-issue of 7.31% Delhi SGS 2033 attracted a cut-off price of 98.21%, while the 7.75% Delhi SGS 2041 had a cut-off price of 98.68%.

Goa accepted its full ₹100 crore target in the auction of a 11-year security with a cut-off price of 7.80%. Haryana successfully raised its full ₹1000 crore demand for a 14-year security with a cut-off price of 7.90%.

Kerala's ₹1000 crore demand was fully met for a 18-year security with a cut-off price of 8.07%. Madhya Pradesh's ₹700 crore demand was fully subscribed for a 15-year security with a cut-off price of 98.08%, a 21-year security with a cut-off price of 97.78%, and a 25-year security with a cut-off price of 96.82%.

Mizoram accepted its full ₹100 crore demand for a 15-year security with a cut-off price of 7.94%. Odisha raised its full ₹1000 crore target for a 20-year security with a cut-off price of 97.88%. The 7.70% Odisha SGS 2044 was also fully subscribed.

Tamil Nadu fully raised its ₹2000 crore demand. The 18-year security had a cut-off price of 97.65%, the 25-year security had a cut-off price of 97.47%, and the 35-year security had a cut-off price of 97.62%.

Telangana's ₹1500 crore demand was fully met. The 13-year security had a cut-off price of 96.88%, the 22-year security had a cut-off price of 96.43%, the 24-year security had a cut-off price of 96.77%, and the 25-year security had a cut-off price of 97.21%.

Uttar Pradesh's ₹1000 crore demand was fully subscribed for a 15-year security with a cut-off price of 98.93%, a 22-year security with a cut-off price of 98.75%, and a 22-year security with a cut-off price of 98.75%.

Uttarakhand accepted its full ₹400 crore target for a 20-year security. However, the 20-year Uttarakhand SGS 2044 was only partially subscribed.

West Bengal's ₹1500 crore demand was fully met for a 15-year security with a cut-off price of 97.79%, and a 23-year security with a cut-off price of 97.30%.

In total, the auction raised ₹34645.055 crore against the ₹35900 crore demand.

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.

Also reported by 1 other outlet

Read the original at rbi.org.in →

More in Finance & Markets

More from Tuesday 15 September →