Auction of State Government Securities

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July 03, 2026 Auction of State Government Securities The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹21,350 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Bihar 800 09 Yield 1200 Re-issue of 7.92% Bihar SGS 2051, issued on April 15, 2026 Price 2. Chhattisgarh 250 09 Yield 250 16 Yield 3. Himachal Pradesh 700 13 Yield 4. Jammu and Kashmir 500 12 Yield 500 Re-issue of 7.91% Jammu and Kashmir SGS 2046, issued on June 03, 2026 Price 5. Jharkhand 300 07 Yield 6. Kerala 800 07 Yield 1000 13 Yield 7. Madhya Pradesh 1600 18 Yield 2000 Re-issue of 7.90% Madhya Pradesh SGS 2056, issued on April 15, 2026 Price 8. Manipur 250 14 Yield 9. Sikkim 200 13 Yield 10. Telangana 1500 Re-issue of 7.97% Telangana SGS 2043, issued on April 08, 2026 Price 1500 Re-issue of 8.07% Telangana SGS 2056, issued on April 08, 2026 Price 11. Uttar Pradesh 1000 06 Yield 1000 16 Yield 1000 Re-issue of 7.79% Uttar Pradesh SGS 2051, issued on March 25, 2026 Price 12. Uttarakhand 300 Re-issue of 7.87% Uttarakhand SGS 2044, issued on May 27, 2026 Price 13. West Bengal 1000 05 Yield 1500 18 Yield 2200 26 Yield Total 21350 प्रेस प्रकाशनी PRESS RELEASE भारतीय ǐरज़वर् बैंक RESERVE BANK OF INDIA वेबसाइट : www.rbi.org.in/hindi संचार ͪ वभाग, केंद्रȣय कायार्लय, शहȣद भगत ͧ संह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502 2 The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on July 07, 2026 (Tuesday). The Government Stock up to ten per cent of the notified amount of the sale of each stock will be allotted to eligible individuals and institutions, subject to a maximum limit of one per cent of its notified amount for a single bid per stock as per the ‘Scheme for Non-competitive Bidding Facility’. Individual investors can also place bids as per the non- competitive scheme through the Retail Direct portal (https://rbiretaildirect.org.in). Both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on July 07, 2026 (Tuesday). The competitive bids should be submitted between 10:30 A.M. and 11:30 A.M. and non-competitive bids should be submitted between 10:30 A.M. and 11:00 A.M. In case of technical difficulties, Core Banking Operations Team may be contacted (email; Phone no: 022-69870466, 022-69870415). For other auction related difficulties, IDMD Auction Team can be contacted (email; Phone no: 022-22702431, 022-22705125). Only in the event of system failure, physical bids would be accepted. Such physical bids should be submitted to the Public Debt Office (email; Phone no: 022-22603456, 022-22603457,022- 22603190) in the prescribed form obtainable from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx) before the auction timing ends. The yield per cent per annum or the price as the case may be, expected by the bidder should be expressed up to two decimal points. An investor can submit more than one competitive bid at same/different rates of yield or prices in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system. However, the aggregate amount of bids submitted by a bidder should not exceed the notified amount for each State. The Reserve Bank of India will determine the maximum yield / minimum price at which bids will be accepted. Stock will be issued for a minimum nominal amount of ₹10,000.00 and in multiples of ₹10,000.00 thereafter. The results of the auction will be announced on July 07, 2026 (Tuesday) and payment by successful bidders will be made during banking hours on July 08, 2026 (Wednesday) at Mumbai and at respective Regional Offices of RBI. The new State Government Stocks will bear interest at the rates determined by RBI at the auctions. For the new stock, interest will be paid half yearly on January 08 and July 08 of each year till maturity. For the re-issued Government Stock, interest will be paid at the rate as determined on the date of original issue of Government Stock and will be paid on half yearly basis till maturity. The Stocks will be governed by the provisions of the Government Securities Act, 2006 and the Government Securities Regulations, 2007. The investment in State Government Stocks will be reckoned as an eligible investment in Government Securities by banks for the purpose of Statutory Liquidity Ratio (SLR) under Section 24 of the Banking Regulation Act, 1949. The stocks will qualify for the ready forward facility. Ajit Prasad Deputy General Manager Press Release: 2026-2027/609 (Communications)