Auction of State Government Securities
The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹22,200 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Assam 800 Re-issue of 7.83% Assam SGS 2046, issued on April 29, 2026 Price 2. Bihar 800 Re-issue of 7.42% Bihar SGS 2035, issued on July 08, 2026 Price 1200 Re-issue of 7.92% Bihar SGS 2051,…
The state governments of Assam, Bihar, Chhattisgarh, Haryana, Jharkhand, Kerala, Madhya Pradesh, Sikkim, Tamil Nadu, Uttar Pradesh, Uttarakhand, and West Bengal are auctioning their securities with a combined face value of ₹22,200 Crore. Each state has its own re-issue of securities with varying issue dates and prices. The auction will take place on September 29, 2026, via the Reserve Bank of India's Core Banking Solution (E-Kuber) system.
Individuals and institutions can bid, with a maximum limit of ten percent of the notified amount per stock and a one percent limit per bid. The Reserve Bank of India will set the maximum yield or minimum price for accepted bids. Upon successful bidding, payments will be made on September 30, 2026. The new securities will have a minimum nominal amount of ₹10,000 and pay interest semi-annually.
The investment in these stocks will be considered eligible for Statutory Liquidity Ratio (SLR) requirements.
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.
