{
  "id": 1683554,
  "title": "Result of Yield/Price Based Auction of State Government Securities",
  "url": "https://urgent.news/2026/08/18/result-of-yield-price-based-auction-of-state-government-securities",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T10:02:50.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63395"
  },
  "original_language": "en",
  "account": "The state government securities auction yielded a total of ₹20200 crore, with each state meeting its target amount. Assam, Bihar, and Kerala all achieved their ₹1000 crore goals, while Madhya Pradesh secured ₹2000 crore, Mizoram raised ₹100 crore, Odisha accepted ₹1000 crore, Telangana collected ₹1000 crore, Uttar Pradesh took in ₹1000 crore, Uttarakhand received ₹300 crore, and West Bengal met its ₹1500 crore target.\n\nThe cut-off prices for the securities ranged from 99.75% to 102.44%, with corresponding yields between 7.33% and 7.91%. The re-issue of existing securities was the primary method used for raising funds, with tenor periods ranging from 2033 to 2055. Overall, the auction process was successful in raising the required funds for each state while offering competitive yields to investors.",
  "summary": "Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/Yield (%) Tenor (Year) 1. Assam 1000 1000 99.75/7.5950 Re-issue of 7.56% Assam SGS 2036, issued on July 22, 2026 2. Bihar 1000 1000 100.08/7.6499 Re-issue of 7.66% Bihar SGS 2041, issued on July 22, 2026 1000 1000 100.48/7.6594 Re-issue of 7.71% Bihar SGS 2044, issued on July 22, 2026 3. Delhi 500 500…",
  "key_points": [
    "₹20200 crore raised in state government securities auction",
    "Assam, Bihar, Kerala meet ₹1000 crore targets",
    "Cut-off prices 99.75% to 102.44%, yields 7.33% to 7.91%"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}