Result of Yield/Price Based Auction of State Government Securities
RBI press-release 2026-2027/769 · 28 Jul 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India released the results of the yield and price-based auctions for State Government Securities conducted on July 28, 2026. Seven states—Andhra Pradesh, Gujarat, Maharashtra, Punjab, Rajasthan, Tamil Nadu, and Telangana—participated in the auction. The total amount accepted across these states was ₹19,280.094 crore against an initial target of ₹18,100 crore. The auction involved both new issuances and re-issues of existing securities with varying tenors and cut-off yields. Maharashtra accepted additional amounts for its securities, while Punjab accepted a partial amount for one security and an additional amount for another.
Key dates
- Date of auction results
- 28 Jul 2026
Who is affected
- State Governments of Andhra Pradesh, Gujarat, Maharashtra, Punjab, Rajasthan, Tamil Nadu, and Telangana
Document text
July 28, 2026
Result of Yield/Price Based Auction of State Government Securities
| Sr. No | State | Amount to be raised (₹ Crore) | Amount Accepted (₹ Crore) | Cut off Price (₹)/Yield (%) | Tenor (Year) |
|---|---|---|---|---|---|
| 1. | Andhra Pradesh | 1000 | 1000 | 99.58/7.6105 Re-issue of 7.56% Andhra Pradesh SGS 2039, issued on July 01, 2026 | |
| 1600 | 1600 | 7.68 | 25 | ||
| 2. | Gujarat | 1000 | 1000 | 100.07/7.3685 Re-issue of 7.38% Gujarat SGS 2035, issued on July 15, 2026 | |
| 1000 | 1000 | 100.23/7.4799 Re-issue of 7.51% Gujarat SGS 2038, issued on July 15, 2026 | |||
| 3. | Maharashtra* | 1000 | 1250 | 101.40/6.9911 Re-issue of 7.35% Maharashtra SGS 2031, issued on April 08, 2026 | |
| 2400 | 3000 | 102.74/7.5682 Re-issue of 7.91% Maharashtra SGS 2039, issued on April 08, 2026 | |||
| 1600 | 2000 | 104.21/7.6738 Re-issue of 8.07% Maharashtra SGS 2049, issued on April 08, 2026 | |||
| 4. | Punjab# | 1000 | 730.094 | 99.47/7.1750 Re-issue of 7.02% Punjab SGS 2030, issued on July 01, 2026 | |
| 1000 | 1200 | 99.43/7.6892 Re-issue of 7.62% Punjab SGS 2039, issued on July 01, 2026 | |||
| 5. | Rajasthan | 1500 | 1500 | 7.68 | 18 |
| 2000 | 2000 | 99.67/7.6783 Re-issue of 7.65% Rajasthan SGS 2053, issued on July 01, 2026 | |||
| 6. | Tamil Nadu | 1000 | 1000 | 100.05/7.3808 Re-issue of 7.39% Tamil Nadu SGS 2034, issued on July 15, 2026 | |
| 1000 | 1000 | 100.02/7.5872 Re-issue of 7.59% Tamil Nadu SGS 2041, issued on July 15, 2026 | |||
| 7. | Telangana | 1000 | 1000 | 99.77/7.6691 Re-issue of 7.65% Telangana SGS 2055, issued on July 01, 2026 | |
| Total | 18100 | 19280.094 |
*Maharashtra has accepted additional amount of ₹250 crore in Re-issue of 7.35% Maharashtra SGS 2031, issued on April 08, 2026, ₹600 crore in Re-issue of 7.91% ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक RESERVE BANK OF INDIA वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह 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
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Maharashtra SGS 2039, issued on April 08, 2026 and ₹400 crore in Re-issue of 8.07% Maharashtra SGS 2049, issued on April 08, 2026
#Punjab has accepted partial amount of ₹730.094 crore in Re-issue of 7.02% Punjab SGS 2030, issued on July 01, 2026 and additional amount of ₹200 crore in Re-issue of 7.62% Punjab SGS 2039, issued on July 01, 2026.
Ajit Prasad Press Release: 2026-2027/769 Deputy General Manager (Communications)
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 28 Jul 2026
- Document number
- 2026-2027/769
- Issuing division
- Department of Communication
- Coverage area
- banking