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The Reserve Bank of India conducted an auction for State Government Securities on September 22, 2026. The auction involved securities from Andhra Pradesh, Goa, Gujarat, Jammu and Kashmir, Maharashtra, Punjab, and Rajasthan. The total notified amount for the auction was 16,750 Crore Rupees. The Reserve Bank of India accepted competitive and non-competitive bids for the listed securities. The auction results provide the cut-off yield, cut-off price, and weighted average yield for each security. The total allotment amount reached 16,750 Crore Rupees.
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September 22, 2026
State Government Securities - Full Auction Result
The result of the auction of State Government Securities held on September 22, 2026, is as under:
(Amount in ₹ Crore)
| ANDHRA PRADESH SGS 2039 | ANDHRA PRADESH SGS 2051 | GOA SGS 2041 | GUJARAT SGS 2036 | |
|---|---|---|---|---|
| Notified Amount | 1000 | 1600 | 150 | 1000 |
| Tenor | Re-issue of 7.56% ANDHRA SGS 2039 issued on 01-JUL-2026 | Re-issue of 7.68% ANDHRA SGS 2051 issued on 29-JUL-2026 | 15 -Years | Re-issue of 7.47% GUJARAT SGS 2036 issued on 27-AUG-2026 |
| Competitive Bids Received | ||||
| (i) No. | 87 | 40 | 32 | 83 |
| (ii) Amount | 4080 | 4295 | 1150 | 4180 |
| Cut-off Yield (%) | 7.8793 | 7.8874 | 7.88 | 7.7244 |
| Cut off Price (₹) | 97.44 | 97.74 | 100 | 98.25 |
| Competitive Bids Accepted | ||||
| (i) No. | 15 | 7 | 3 | 25 |
| (ii) Amount | 936.760 | 1562.727 | 136.753 | 951.172 |
| Partial Allotment Percentage of Competitive Bids | ||||
| (i) Percentage | 66.7600 | 8.3636 | 71.9753 | 84.6880 |
| (ii) No. | 1 | 1 | 3 | 2 |
| Non - Competitive Bids Received | ||||
| (i) No. | 10 | 4 | 8 | 7 |
| (ii) Amount | 63.240 | 37.273 | 13.247 | 48.828 |
| Non-Competitive Price (₹) | 97.55 | 97.79 | 100 | 98.33 |
| Non-Competitive Bids Accepted | ||||
| (i) No. | 10 | 4 | 8 | 7 |
| (ii) Amount | 63.240 | 37.273 | 13.247 | 48.828 |
| Partial Allotment Percentage of Non-Competitive Bids | ||||
| Percentage | ||||
| Weighted Average Yield (%) | 7.8652 | 7.8827 | 7.8800 | 7.7126 |
| Total Allotment Amount | 1000 | 1600 | 150 | 1000 |
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक
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, Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
ई-मेल/email : helpdoc@rbi.org.in
| GUJARAT SGS 2041 | JAMMU AND KASHMIR UT SGS 2044 | MAHARASHTRA SGS 2031 | MAHARASHTRA SGS 2039 | |
|---|---|---|---|---|
| Notified Amount | 1000 | 600 | 1000 | 2400 |
| Tenor | Re-issue of 7.59% GUJARAT SGS 2041 issued on 27-AUG-2026 | Re-issue of 7.75% JAMMUKASHMIR SGS 2044 issued on 09-SEP-2026 | Re-issue of 7.09% MAHARASHTRA SGS 2031 issued on 27-AUG-2026 | Re-issue of 7.63% MAHARASHTRA SGS 2039 issued on 27-AUG-2026 |
| Competitive Bids Received | ||||
| (i) No. | 95 | 87 | 81 | 158 |
| (ii) Amount | 4075 | 4220 | 4781 | 10848.832 |
| Cut-off Yield (%) | 7.8300 | 7.8987 | 7.3286 | 7.8455 |
| Cut off Price (₹) | 97.90 | 98.58 | 99.02 | 98.26 |
| Competitive Bids Accepted | ||||
| (i) No. | 19 | 3 | 10 | 35 |
| (ii) Amount | 914.650 | 551.058 | 979.654 | 2207.517 |
| Partial Allotment Percentage of Competitive Bids | ||||
| (i) Percentage | 15.6143 | 82.0193 | 65.7308 | 63.3870 |
| (ii) No. | 5 | 1 | 2 | 4 |
| Non - Competitive Bids Received | ||||
| (i) No. | 10 | 8 | 4 | 16 |
| (ii) Amount | 85.350 | 48.942 | 20.346 | 192.483 |
| Non-Competitive Price (₹) | 98.02 | 98.61 | 99.07 | 98.4 |
| Non-Competitive Bids Accepted | ||||
| (i) No. | 10 | 8 | 4 | 16 |
| (ii) Amount | 85.350 | 48.942 | 20.346 | 192.483 |
| Partial Allotment Percentage of Non-Competitive Bids | ||||
| Percentage | ||||
| Weighted Average Yield (%) | 7.8160 | 7.8955 | 7.3163 | 7.8279 |
| Total Allotment Amount | 1000 | 600 | 1000 | 2400 |
| MAHARASHTRA SGS 2049 | PUNJAB SGS 2031 | PUNJAB SGS 2041 | RAJASTHAN SGS 2044 | |
|---|---|---|---|---|
| Notified Amount | 1600 | 500 | 1500 | 2200 |
| Tenor | Re-issue of 7.70% MAHARASHTRA SGS 2049 issued on 27-AUG-2026 | 5 -Years | 15 -Years | Re-issue of 7.68% RAJASTHAN SGS 2044 issued on 29-JUL-2026 |
| Competitive Bids Received | ||||
| (i) No. | 69 | 59 | 139 | 115 |
| (ii) Amount | 4879.131 | 2098.500 | 8533.520 | 6565 |
| Cut-off Yield (%) | 7.8776 | 7.54 | 7.91 | 7.9052 |
| Cut off Price (₹) | 98.12 | 100 | 100 | 97.85 |
| Competitive Bids Accepted | ||||
| (i) No. | 7 | 13 | 10 | 9 |
| (ii) Amount | 1510.849 | 475.792 | 1350 | 1999.259 |
| Partial Allotment Percentage of Competitive Bids | ||||
| (i) Percentage | 55.1523 | 96.6150 | 57.5269 | 75.7036 |
| (ii) No. | 1 | 2 | 4 | 1 |
| Non - Competitive Bids Received | ||||
| (i) No. | 7 | 6 | 19 | 12 |
| (ii) Amount | 89.151 | 24.208 | 262.186 | 200.741 |
| Non-Competitive Price (₹) | 98.17 | 100.10 | 100.16 | 97.91 |
| Non-Competitive Bids Accepted | ||||
| (i) No. | 7 | 6 | 19 | 12 |
| (ii) Amount | 89.151 | 24.208 | 150 | 200.741 |
| Partial Allotment Percentage of Non-Competitive Bids | ||||
| Percentage | 57.2113 | |||
| Weighted Average Yield (%) | 7.8728 | 7.5158 | 7.8920 | 7.8987 |
| Total Allotment Amount | 1600 | 500 | 1500 | 2200 |
| RAJASTHAN SGS 2053 | Total | |
|---|---|---|
| Notified Amount | 2200 | 16750 |
| Tenor | Re-issue of 7.65% RAJASTHAN SGS 2053 issued on 01-JUL-2026 | |
| Competitive Bids Received | ||
| (i) No. | 41 | 1086 |
| (ii) Amount | 5800 | 65505.983 |
| Cut-off Yield (%) | 7.8820 | - |
| Cut off Price (₹) | 97.41 | - |
| Competitive Bids Accepted | ||
| (i) No. | 7 | 163 |
| (ii) Amount | 2177.944 | 15754.135 |
| Partial Allotment Percentage of Competitive Bids | ||
| (i) Percentage | 29.1963 | - |
| (ii) No. | 2 | - |
| Non - Competitive Bids Received | ||
| (i) No. | 3 | 114 |
| (ii) Amount | 22.056 | 1108.051 |
| Non-Competitive Price (₹) | 97.47 | - |
| Non-Competitive Bids Accepted | ||
| (i) No. | 3 | 114 |
| (ii) Amount | 22.056 | 995.865 |
| Partial Allotment Percentage of Non-Competitive Bids | ||
| Percentage | - | |
| Weighted Average Yield (%) | 7.8765 | - |
| Total Allotment Amount | 2200 | 16750 |
Ajit Prasad
Deputy General Manager
(Communications)
Press Release: 2026-2027/1166
