{
  "id": 6261773,
  "title": "Result of Yield/Price Based Auction of State Government Securities",
  "url": "https://urgent.news/2026/09/08/result-of-yield-price-based-auction-of-state-government-securities",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-08T09:56:34.000Z",
  "source": {
    "name": "Reserve Bank of India",
    "slug": "reserve-bank-of-india",
    "url": "https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63544"
  },
  "original_language": "en",
  "account": "State governments across India participated in a yield/price based auction of securities, successfully raising a combined total of ₹16,900 crore. The auction included re-issued securities from various states, with prices ranging from 98.97% to 100.33% and yields from 7.55% to 7.79%. Notable issuances included Andhra Pradesh's re-issue of 7.46% SGS 2043, Gujarat's 7.47% SGS 2041, and Maharashtra's 7.55% SGS 2034. The auction concluded with all states meeting their target amounts.",
  "summary": "Sr. No State/ UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 98.97/7.6198 Re-issue of 7.46% Andhra Pradesh SGS 2035, issued on August 12, 2026 1200 1200 99.03/7.7551 Re-issue of 7.65% Andhra Pradesh SGS 2043, issued on March 11, 2026 1600 1600 98.63/7.7576 Re-issue of 7.64% Andhra Pradesh SGS 2056, issued on August…",
  "key_points": [
    "Indian state governments raised ₹16,900 crore in yield/price auction",
    "Prices ranged from 98.97% to 100.33%, yields from 7.55% to 7.79%",
    "All states met target amounts, re-issued securities included"
  ],
  "editors_take": "The successful auction enables state governments to meet their funding targets, reflecting investor appetite for state securities and potentially easing their borrowing needs.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Reserve Bank of India",
        "title": "State Government Securities - Full Auction Result",
        "url": "https://urgent.news/2026/09/08/state-government-securities-full-auction-result",
        "published": "2026-09-08T11:06:33.000Z"
      }
    ]
  },
  "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."
}