RBI Press Release

State Government Securities – Full Auction Result

The result of the auction of State Government Securities held on March 25, 2025, is as under:

(Amount in ₹ Crore)
  ANDHRA SGS 2033 ANDHRA SGS 2035 ANDHRA SGS 2036 ANDHRA SGS 2037
Notified Amount 400 1148 1000 2000
Tenure 8 10 11 12
Competitive Bids Received        
(i) No. 28 57 56 81
(ii) Amount 2470 3665 5110 5695
Cut off Price (₹)/ Yield (%) 7.04 7.09 7.07 7.08
Competitive Bids Accepted        
(i) No. 3 29 9 26
(ii) Amount 399.999 1138 990 1959
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 50.00 16.36 19.35 90.94
(ii) No. (1 bid) (8 bids) (3 bids) (10 bids)
Non-Competitive Bids Received        
(i) No. 1 1 1 4
(ii) Amount 0.001 10 10 41
Non-Competitive Price (₹) 100.05 100.22 100.20 100.07
Non-Competitive Bids Accepted        
(i) No. 1 1 1 4
(ii) Amount 0.001 10 10 41
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) 7.0325 7.0590 7.0434 7.0708
Total Allotment Amount 400 1148 1000 2000

  ASSAM SGS 2030 ASSAM SGS 2045 CHHATTISGARH SGS 2030* CHHATTISGARH SGS 2030
Notified Amount 500 1000 1000 1000
Tenure 05 years and 06 months 20 Re-issue of 7.29% Chhattisgarh SGS 2030, issued on June 07, 2023 Re-issue of 7.03% Chhattisgarh SGS 2030, issued on September 25, 2024
Competitive Bids Received        
(i) No. 15 23 26 30
(ii) Amount 2305 2129 3700 4800
Cut off Price (₹)/ Yield (%) 7.02 7.10 – 100.36/6.9500
Competitive Bids Accepted        
(i) No. 4 7 – 1
(ii) Amount 494.998 989.926 – 1000
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 47.50 85.64 – –
(ii) No. (1 bid) (5 bids) – –
Non-Competitive Bids Received        
(i) No. 2 3 2 0
(ii) Amount 5.002 10.074 10.001 0
Non-Competitive Price (₹) 100.10 100.01 – 100.36
Non-Competitive Bids Accepted        
(i) No. 2 3 – 0
(ii) Amount 5.002 10.074 – 0
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) 6.9978 7.0995 – 6.9500
Total Allotment Amount 500 1000 0 1000

  CHHATTISGARH SGS 2032* GUJARAT SGS 2028 GUJARAT SGS 2033 HARYANA SGS 2035
Notified Amount 1000 1500 1500 2000
Tenure Re-issue of 7.38% Chhattisgarh SGS 2032, issued on March 13, 2024 03 years and 06 months 8 10
Competitive Bids Received        
(i) No. 43 31 70 75
(ii) Amount 5580 2730.500 7680 6822
Cut off Price (₹)/ Yield (%) – 6.87 7.02 7.03
Competitive Bids Accepted        
(i) No. – 10 12 3
(ii) Amount – 1484.836 1425.957 1828.694
Partial Allotment Percentage of Competitive Bids        
(i) Percentage – 68.67 90.34 57.87
(ii) No. – (1 bid) (8 bids) (1 bid)
Non-Competitive Bids Received        
(i) No. 6 3 10 13
(ii) Amount 21.77 15.164 74.043 171.306
Non-Competitive Price (₹) – 100.12 100.04 100.09
Non-Competitive Bids Accepted        
(i) No. – 3 10 13
(ii) Amount – 15.164 74.043 171.306
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) – 6.8316 7.0133 7.0174
Total Allotment Amount 0 1500 1500 2000

  HARYANA SGS 2037 HARYANA SGS 2039 HARYANA SGS 2040 HIMACHAL PR SGS 2040
Notified Amount 2000 2000 2000 337
Tenure 12 14 15 15
Competitive Bids Received        
(i) No. 79 79 67 23
(ii) Amount 8845 6020 5355 1706
Cut off Price (₹)/ Yield (%) 7.04 7.08 7.09 7.10
Competitive Bids Accepted        
(i) No. 5 20 26 5
(ii) Amount 1882.557 1800 1857.064 333.700
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 80.62 47.24 34.34 85.06
(ii) No. (4 bids) (9 bids) (8 bids) (3 bids)
Non-Competitive Bids Received        
(i) No. 13 9 9 1
(ii) Amount 117.443 212.030 142.936 3.300
Non-Competitive Price (₹) 100.04 100.14 100.22 100.04
Non-Competitive Bids Accepted        
(i) No. 13 9 9 1
(ii) Amount 117.443 200 142.936 3.300
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – 94.33 – –
Weighted Average Yield (%) 7.0347 7.0640 7.0664 7.0960
Total Allotment Amount 2000 2000 2000 337

  JHARKHAND SGS 2029 KARNATAKA SGS 2030 KARNATAKA SGS 2032 KARNATAKA SGS 2033
Notified Amount 2000 3000 3000 1000
Tenure 04 years and 06 months 05 years and 06 months 07 years and 06 months 08 years and 06 months
Competitive Bids Received        
(i) No. 21 73 94 69
(ii) Amount 4630 11755 13520 8635
Cut off Price (₹)/ Yield (%) 6.96 6.96 7.04 7.03
Competitive Bids Accepted        
(i) No. 9 10 25 6
(ii) Amount 1999.937 2970 2930 965
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 59.52 77.91 5.33 58.48
(ii) No. (3 bids) (9 bids) (14 bids) (6 bids)
Non-Competitive Bids Received        
(i) No. 2 1 2 3
(ii) Amount 0.063 30 70 35
Non-Competitive Price (₹) 100.03 100.00 100.13 100.00
Non-Competitive Bids Accepted        
(i) No. 2 1 2 3
(ii) Amount 0.063 30 70 35
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) 6.9530 6.9599 7.0180 7.0300
Total Allotment Amount 2000 3000 3000 1000

  KERALA SGS 2040 KERALA SGS 2043 KERALA SGS 2055 MADHYAPRADESH SGS 2032
Notified Amount 990 3000 3149 2000
Tenure 15 18 30 7
Competitive Bids Received        
(i) No. 39 41 23 57
(ii) Amount 3650 5896.500 7302 6545
Cut off Price (₹)/ Yield (%) 7.08 7.10 7.06 7.05
Competitive Bids Accepted        
(i) No. 4 15 1 15
(ii) Amount 960.093 2915 3148.999 1923.951
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 41.91 92.46 100.00 49.41
(ii) No. (2 bids) (4 bids) (1 bid) (6 bids)
Non-Competitive Bids Received        
(i) No. 6 4 1 8
(ii) Amount 29.907 85 0.001 76.049
Non-Competitive Price (₹) 100.19 100.06 100.00 100.07
Non-Competitive Bids Accepted        
(i) No. 6 4 1 8
(ii) Amount 29.907 85 0.001 76.049
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) 7.0588 7.0941 7.0600 7.0365
Total Allotment Amount 990 3000 3149 2000

  MADHYAPRADESH SGS 2035 MAHARASHTRA SGS 2036 MAHARASHTRA SGS 2037 MAHARASHTRA SGS 2038
Notified Amount 2400 2000 2000 2000
Tenure 10 Re-issue of 7.12% Maharashtra SGS 2036, issued on February 05, 2025 Re-issue of 7.13% Maharashtra SGS 2037, issued on February 05, 2025 Re-issue of 7.12% Maharashtra SGS 2038, issued on February 05, 2025
Competitive Bids Received        
(i) No. 109 92 99 87
(ii) Amount 13297 8690 9860 7155
Cut off Price (₹)/ Yield (%) 7.02 100.53/7.0477 100.71/7.0391 100.51/7.0575
Competitive Bids Accepted        
(i) No. 3 11 9 14
(ii) Amount 2178.758 1922.995 1920.999 1894.976
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 25.57 94.60 73.86 28.33
(ii) No. (2 bids) (1 bid) (4 bids) (2 bids)
Non-Competitive Bids Received        
(i) No. 16 10 9 8
(ii) Amount 221.242 77.005 79.001 105.024
Non-Competitive Price (₹) 100.05 100.62 100.76 100.69
Non-Competitive Bids Accepted        
(i) No. 16 10 9 8
(ii) Amount 221.242 77.005 79.001 105.024
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) 7.0131 7.0357 7.0329 7.0361
Total Allotment Amount 2400 2000 2000 2000

  MAHARASHTRA SGS 2039 MANIPUR SGS 2040 NAGALAND SGS 2035 ODISHA SGS 2035
Notified Amount 2000 250 400 2000
Tenure Re-issue of 7.14% Maharashtra SGS 2039, issued on February 05, 2025 15 10 10
Competitive Bids Received        
(i) No. 120 13 13 66
(ii) Amount 8255 1330 1485 6885
Cut off Price (₹)/ Yield (%) 100.78/7.0495 7.12 7.10 7.05
Competitive Bids Accepted        
(i) No. 10 4 4 14
(ii) Amount 1853.335 244.985 394.741 1854.998
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 18.01 12.00 57.46 12.62
(ii) No. (4 bids) (3 bids) (3 bids) (8 bids)
Non-Competitive Bids Received        
(i) No. 11 4 5 10
(ii) Amount 146.665 5.015 5.259 145.002
Non-Competitive Price (₹) 100.90 100.15 100.02 100.08
Non-Competitive Bids Accepted        
(i) No. 11 4 5 10
(ii) Amount 146.665 5.015 5.259 145.002
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) 7.0359 7.1037 7.0975 7.0389
Total Allotment Amount 2000 250 400 2000

  PUNJAB SGS 2045 RAJASTHAN SGS 2032 RAJASTHAN SGS 2035 RAJASTHAN SGS 2037
Notified Amount 1998 1000 1500 1576
Tenure 20 07 years and 06 months 10 12 years and 06 months
Competitive Bids Received        
(i) No. 23 36 69 57
(ii) Amount 2796 4210 5424.500 6395
Cut off Price (₹)/ Yield (%) 7.10 7.04 7.06 7.05
Competitive Bids Accepted        
(i) No. 9 8 18 5
(ii) Amount 1963.995 989.998 1378.229 1517.565
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 81.43 48.35 16.74 90.16
(ii) No. (4 bids) (4 bids) (6 bids) (4 bids)
Non-Competitive Bids Received        
(i) No. 4 2 11 8
(ii) Amount 34.005 10.002 121.771 58.435
Non-Competitive Price (₹) 100.07 100.07 100.15 100.01
Non-Competitive Bids Accepted        
(i) No. 4 2 11 8
(ii) Amount 34.005 10.002 121.771 58.435
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) 7.0937 7.0279 7.0389 7.0490
Total Allotment Amount 1998 1000 1500 1576

  RAJASTHAN SGS 2043 SIKKIM SGS 2035 TAMILNADU SGS 2028 TAMILNADU SGS 2029
Notified Amount 1044 463 1000 1000
Tenure 18 10 03 years and 06 months 04 years and 06 months
Competitive Bids Received        
(i) No. 27 18 23 28
(ii) Amount 3710 1796 3225 3780
Cut off Price (₹)/ Yield (%) 7.10 7.10 6.87 6.92
Competitive Bids Accepted        
(i) No. 9 6 7 5
(ii) Amount 1023.558 452.695 998.886 999.959
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 39.96 30.70 86.94 70.17
(ii) No. (6 bids) (5 bids) (2 bids) (5 bids)
Non-Competitive Bids Received        
(i) No. 3 5 3 1
(ii) Amount 20.442 10.305 1.114 0.041
Non-Competitive Price (₹) 100.11 100.06 100.07 100.00
Non-Competitive Bids Accepted        
(i) No. 3 5 3 1
(ii) Amount 20.442 10.305 1.114 0.041
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) 7.0887 7.0912 6.8467 6.9200
Total Allotment Amount 1044 463 1000 1000

  TAMILNADU SGS 2031 TAMILNADU SGS 2035 TAMILNADU SDL 2026** TELANGANA SGS 2052
Notified Amount 1000 2000 1000 1000
Tenure 6 10 Re-issue of 7.14% Tamil Nadu SDL 2026, issued on October 13, 2016 27
Competitive Bids Received        
(i) No. 41 106 2 19
(ii) Amount 6575 14346.500 600 2995
Cut off Price (₹)/ Yield (%) 6.99 7.01 100.51/6.7837 7.07
Competitive Bids Accepted        
(i) No. 8 5 2 1
(ii) Amount 978.996 1800 600 971.459
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 28.32 75.18 – 97.15
(ii) No. (4 bids) (3 bids) – (1 bid)
Non-Competitive Bids Received        
(i) No. 4 13 2 4
(ii) Amount 21.004 206.402 0.107 28.541
Non-Competitive Price (₹) 100.05 100.02 100.52 100.00
Non-Competitive Bids Accepted        
(i) No. 4 13 2 4
(ii) Amount 21.004 200 0.107 28.541
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – 96.9 – –
Weighted Average Yield (%) 6.9795 7.0066 6.7768 7.0700
Total Allotment Amount 1000 2000 600.107 1000

  TELANGANA SGS 2055 UTTARAKHAND SGS 2032 WESTBENGAL SGS 2045 WESTBENGAL SGS 2046
Notified Amount 500 2000 2000 2000
Tenure 30 7 20 21
Competitive Bids Received        
(i) No. 14 58 39 29
(ii) Amount 1800 6395 5080 5215
Cut off Price (₹)/ Yield (%) 7.07 7.05 7.10 7.10
Competitive Bids Accepted        
(i) No. 1 11 8 5
(ii) Amount 494.754 1951.996 1950 1959.999
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 98.95 91.14 53.47 19.75
(ii) No. (1 bid) (4 bids) (4 bids) (3 bids)
Non-Competitive Bids Received        
(i) No. 3 5 4 4
(ii) Amount 5.246 48.004 50 40.001
Non-Competitive Price (₹) 100.00 100.04 100.03 100.25
Non-Competitive Bids Accepted        
(i) No. 3 5 4 4
(ii) Amount 5.246 48.004 50 40.001
Partial Allotment Percentage of Non-Competitive Bids        
Percentage – – – –
Weighted Average Yield (%) 7.0700 7.0426 7.0968 7.0767
Total Allotment Amount 500 2000 2000 2000

  WESTBENGAL SGS 2047 Total
Notified Amount 2000 74655
Tenure 22  
Competitive Bids Received    
(i) No. 33 2421
(ii) Amount 5363 273209
Cut off Price (₹)/ Yield (%) 7.10  
Competitive Bids Accepted    
(i) No. 7 429
(ii) Amount 1975 69670.587
Partial Allotment Percentage of Competitive Bids    
(i) Percentage 20.08  
(ii) No. (4 bids)  
Non-Competitive Bids Received    
(i) No. 2 256
(ii) Amount 25 2634.723
Non-Competitive Price (₹) 100.26  
Non-Competitive Bids Accepted    
(i) No. 2 248
(ii) Amount 25 2584.52
Partial Allotment Percentage of Non-Competitive Bids    
Percentage –  
Weighted Average Yield (%) 7.0769  
Total Allotment Amount 2000 72255.107
*Chhattisgarh has not accepted any amount in the Re-issue of 7.29% Chhattisgarh SGS 2030 issued on June 07, 2023 and Re-issue of 7.38% Chhattisgarh SGS 2032, issued on March 13, 2024.
**Tamil Nadu received bids for ₹600.107 crore in Re-issue of 7.14% Tamil Nadu SDL 2026, issued on October 13, 2016.

Ajit Prasad           
Deputy General Manager
(Communications)    

Press Release: 2024-2025/2458