RBI Press Release

State Government Securities – Full Auction Result

The result of the auction of State Government Securities held on April 28, 2026, is as under:

(Amount in ₹ Crore)
  ASSAM SGS 2046 BIHAR SGS 2035 BIHAR SGS 2041 CHHATTISGARH SGS 2036
Notified Amount 1000 1200 1200 500
Tenor 20-Years 9-Years Re-issue of 7.72% BIHAR SGS 2041 issued on 25-FEB-2026 10-Years
Competitive Bids Received        
(i) No. 81 58 106 38
(ii) Amount 4763 3386.360 4622 3045
Cut-off Yield (%) 7.83 7.69 7.8147 7.68
Cut off Price (₹) 100 100 99.16 100
Competitive Bids Accepted        
(i) No. 4 21 15 3
(ii) Amount 919.533 1173.301 1080 465.408
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 86.5539 41.8860 70.8750 86.7573
(ii) No. 2 3 1 2
Non-Competitive Bids Received        
(i) No. 9 7 11 10
(ii) Amount 80.467 26.699 142.219 34.592
Non-Competitive Price (₹) 100.03 100.12 99.20 100.01
Non-Competitive Bids Accepted        
(i) No. 9 7 11 10
(ii) Amount 80.467 26.699 120 34.592
Partial Allotment Percentage of Non-Competitive Bids        
Percentage     84.3769  
Weighted Average Yield (%) 7.8267 7.6709 7.8101 7.6784
Total Allotment Amount 1000 1200 1200 500

  CHHATTISGARH SGS 2048 KERALA SGS 2049 MADHYA PRADESH SGS 2034 MADHYA PRADESH SGS 2048
Notified Amount 500 1800 1600 1200
Tenor 22-Years 23-Years 8-Years 22-Years
Competitive Bids Received        
(i) No. 32 49 102 55
(ii) Amount 2385 5875 6765 5295
Cut-off Yield (%) 7.82 7.83 7.64 7.83
Cut off Price (₹) 100 100 100 100
Competitive Bids Accepted        
(i) No. 3 6 28 6
(ii) Amount 484.745 1736.370 1548.819 1112.490
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 94.9990 65.9691 65.1542 43.1594
(ii) No. 2 4 10 3
Non-Competitive Bids Received        
(i) No. 4 7 11 7
(ii) Amount 15.255 63.630 51.181 87.510
Non-Competitive Price (₹) 100 100.04 100.08 100.06
Non-Competitive Bids Accepted        
(i) No. 4 7 11 7
(ii) Amount 15.255 63.630 51.181 87.510
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.8199 7.8265 7.6261 7.8241
Total Allotment Amount 500 1800 1600 1200

  UTTAR PRADESH SGS 2036 UTTAR PRADESH SGS 2041 UTTARAKHAND SGS 2029 UTTARAKHAND SGS 2036*
Notified Amount 2000 2500 500 500
Tenor 10-Years Re-issue of 7.67% UTTARPRADESH SGS 2041 issued on 18-FEB-2026 3-Years 10-Years
Competitive Bids Received        
(i) No. 84 155 67 40
(ii) Amount 5890 10322 4580 1582
Cut-off Yield (%) 7.72 7.8096 7.08 7.69
Cut off Price (₹) 100 98.77 100 100
Competitive Bids Accepted        
(i) No. 46 23 3 4
(ii) Amount 1836.689 2250 498.652 300
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 13.7087 79.1282 99.4608 –
(ii) No. 6 5 2 –
Non-Competitive Bids Received        
(i) No. 19 27 2 10
(ii) Amount 163.311 530.312 1.348 46.127
Non-Competitive Price (₹) 100.18 98.83 100.05 100.10
Non-Competitive Bids Accepted        
(i) No. 19 27 2 10
(ii) Amount 163.311 250 1.348 46.127
Partial Allotment Percentage of Non-Competitive Bids        
Percentage   47.1421    
Weighted Average Yield (%) 7.6933 7.8026 7.0599 7.6757
Total Allotment Amount 2000 2500 500 346.127

  Total
Notified Amount 14500
Tenor  
Competitive Bids Received  
(i) No. 867
(ii) Amount 58510.360
Cut-off Yield (%) –
Cut off Price (₹) –
Competitive Bids Accepted  
(i) No. 162
(ii) Amount 13406.007
Partial Allotment Percentage of Competitive Bids  
(i) Percentage –
(ii) No. –
Non-Competitive Bids Received  
(i) No. 124
(ii) Amount 1242.651
Non-Competitive Price (₹) –
Non-Competitive Bids Accepted  
(i) No. 124
(ii) Amount 940.120
Partial Allotment Percentage of Non-Competitive Bids  
Percentage –
Weighted Average Yield (%) –
Total Allotment Amount 14346.127
*Uttarakhand has accepted partial amount of ₹346.127 crore in the 10-year security

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/159