{
  "id": 5564904,
  "title": "Auction of State Government Securities",
  "url": "https://urgent.news/2026/09/04/auction-of-state-government-securities",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-04T13:36:29.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63526"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Reserve Bank of India is set to conduct an auction of state government securities, with a total face value of ₹16,900 Crore, on September 8, 2026. The auction will cover securities issued by Andhra Pradesh, Goa, Gujarat, Jammu and Kashmir, Maharashtra, Meghalaya, Punjab, and Rajasthan. Each state will offer securities with varying tenors and yields, with the government allotting up to ten percent of the notified amount of the sale to eligible individuals and institutions. Individual investors can also participate in the auction through the Retail Direct portal. Bids, both competitive and non-competitive, should be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system on the auction day.",
  "key_points": [],
  "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."
}