RBI Press Release

State Government Securities – Full Auction Result

The result of the auction of State Government Securities held on August 18, 2026, is as under:

(Amount in ₹ Crore)
  ASSAM SGS 2036 BIHAR SGS 2041 BIHAR SGS 2044 DELHI SGS 2033
Notified Amount 1000 1000 1000 500
Tenor Re-issue of 7.56% ASSAM SGS 2036 issued on 22-JUL-2026 Re-issue of 7.66% BIHAR SGS 2041 issued on 22-JUL-2026 Re-issue of 7.71% BIHAR SGS 2044 issued on 22-JUL-2026 Re-issue of 7.31% DELHI SGS 2033 issued on 22-JUL-2026
Competitive Bids Received        
(i) No. 42 69 66 48
(ii) Amount 1680 1850 3265 3140
Cut-off Yield (%) 7.5950 7.6499 7.6594 7.3308
Cut off Price (₹) 99.75 100.08 100.48 99.88
Competitive Bids Accepted        
(i) No. 18 19 4 10
(ii) Amount 948.333 928.631 937.074 494.479
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 83.3300 36.6552 20.6913 10.4977
(ii) No. 1 5 2 6
Non – Competitive Bids Received        
(i) No. 7 10 7 3
(ii) Amount 51.667 71.369 62.926 5.521
Non-Competitive Price (₹) 99.97 100.22 100.51 99.90
Non-Competitive Bids Accepted        
(i) No. 7 10 7 3
(ii) Amount 51.667 71.369 62.926 5.521
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.5631 7.6340 7.6563 7.3271
Total Allotment Amount 1000 1000 1000 500

  DELHI SGS 2041 JAMMU AND KASHMIR SGS 2046 KERALA SGS 2042 KERALA SGS 2049
Notified Amount 500 500 1000 1200
Tenor Re-issue of 7.75% DELHI SGS 2041 issued on 24-JUN-2026 Re-issue of 7.91% JAMMUKASHMIR SGS 2046 issued on 03-JUN-2026 Re-issue of 7.86% KERALA SGS 2042 issued on 15-APR-2026 Re-issue of 7.83% KERALA SGS 2049 issued on 29-APR-2026
Competitive Bids Received        
(i) No. 20 40 53 45
(ii) Amount 713.500 1450 1418 4405
Cut-off Yield (%) 7.6368 7.6666 7.6786 7.6580
Cut off Price (₹) 100.98 102.44 101.62 101.82
Competitive Bids Accepted        
(i) No. 12 2 17 10
(ii) Amount 472.961 478.922 900 1145.949
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 28.9220 85.7844 13.3333 50.8666
(ii) No. 1 1 1 3
Non – Competitive Bids Received        
(i) No. 8 6 15 6
(ii) Amount 27.039 21.078 151.034 54.051
Non-Competitive Price (₹) 101.23 102.44 101.83 101.86
Non-Competitive Bids Accepted        
(i) No. 8 6 15 6
(ii) Amount 27.039 21.078 100 54.051
Partial Allotment Percentage of Non-Competitive Bids        
Percentage     66.2103  
Weighted Average Yield (%) 7.6086 7.6666 7.6557 7.6544
Total Allotment Amount 500 500 1000 1200

  MADHYA PRADESH SGS 2034 MADHYA PRADESH SGS 2038 MADHYA PRADESH SGS 2048 MIZORAM SGS 2041
Notified Amount 1000 1400 2000 100
Tenor Re-issue of 7.39% MADHYAPRADESH SGS 2034 issued on 22-JUL-2026 Re-issue of 7.58% MADHYAPRADESH SGS 2038 issued on 22-JUL-2026 22 -Years 15 -Years
Competitive Bids Received        
(i) No. 80 97 44 27
(ii) Amount 4715 3240 6185 546
Cut-off Yield (%) 7.4207 7.5904 7.66 7.63
Cut off Price (₹) 99.81 99.91 100 100
Competitive Bids Accepted        
(i) No. 20 29 8 1
(ii) Amount 934.779 1260 1800 92.976
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 96.8059 66.6667 15.3846 92.9760
(ii) No. 6 5 5 1
Non – Competitive Bids Received        
(i) No. 6 14 13 5
(ii) Amount 65.221 175.023 260.624 7.024
Non-Competitive Price (₹) 99.85 100.07 100.09 100
Non-Competitive Bids Accepted        
(i) No. 6 14 13 5
(ii) Amount 65.221 140 200 7.024
Partial Allotment Percentage of Non-Competitive Bids        
Percentage   79.9895 76.7389  
Weighted Average Yield (%) 7.4139 7.5698 7.6514 7.6300
Total Allotment Amount 1000 1400 2000 100

  ODISHA SGS 2032 ODISHA SGS 2044 TELANGANA SGS 2037 TELANGANA SGS 2055
Notified Amount 1000 1000 1000 1000
Tenor 6 -Years Re-issue of 7.70% ODISHA SGS 2044 issued on 22-JUL-2026 Re-issue of 7.70% TELANGANA SGS 2037 issued on 22-APR-2026 Re-issue of 7.65% TELANGANA SGS 2055 issued on 01-JUL-2026
Competitive Bids Received        
(i) No. 60 61 54 36
(ii) Amount 5678 2310 2415 4815
Cut-off Yield (%) 7.16 7.6669 7.5774 7.6574
Cut off Price (₹) 100 100.31 100.87 99.90
Competitive Bids Accepted        
(i) No. 8 8 16 3
(ii) Amount 974.300 919.926 900 989.693
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 99.9200 95.0291 82 54.4103
(ii) No. 5 2 2 1
Non – Competitive Bids Received        
(i) No. 4 11 16 4
(ii) Amount 25.700 80.074 128.268 10.307
Non-Competitive Price (₹) 100.01 100.36 100.97 99.93
Non-Competitive Bids Accepted        
(i) No. 4 11 16 4
(ii) Amount 25.700 80.074 100 10.307
Partial Allotment Percentage of Non-Competitive Bids        
Percentage     77.9618  
Weighted Average Yield (%) 7.1587 7.6618 7.5637 7.6548
Total Allotment Amount 1000 1000 1000 1000

  UTTAR PRADESH SGS 2038 UTTAR PRADESH SGS 2046 UTTARAKHAND SGS 2048 WEST BENGAL SGS 2035
Notified Amount 500 500 300 1500
Tenor Re-issue of 7.74% UTTARPRADESH SGS 2038 issued on 10-JUN-2026 Re-issue of 7.82% UTTARPRADESH SGS 2046 issued on 10-JUN-2026 Re-issue of 7.70% UTTARAKHAND SGS 2048 issued on 22-JUL-2026 Re-issue of 7.58% WESTBENGAL SGS 2035 issued on 22-JUL-2026
Competitive Bids Received        
(i) No. 53 65 31 54
(ii) Amount 1930 1865 1210 1945
Cut-off Yield (%) 7.5899 7.6581 7.6574 7.6005
Cut off Price (₹) 101.14 101.62 100.44 99.86
Competitive Bids Accepted        
(i) No. 14 8 1 35
(ii) Amount 463.977 469.449 299.990 1469.870
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 44.4885 89.8163 99.9967 55.4593
(ii) No. 3 1 1 3
Non – Competitive Bids Received        
(i) No. 8 9 2 4
(ii) Amount 36.023 30.551 0.010 30.130
Non-Competitive Price (₹) 101.22 101.67 100.44 100.08
Non-Competitive Bids Accepted        
(i) No. 8 9 2 4
(ii) Amount 36.023 30.551 0.010 30.130
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.5796 7.6532 7.6574 7.5661
Total Allotment Amount 500 500 300 1500

  WEST BENGAL SGS 2047 Total
Notified Amount 2200 20200
Tenor Re-issue of 7.71% WESTBENGAL SGS 2047 issued on 22-JUL-2026  
Competitive Bids Received    
(i) No. 67 1112
(ii) Amount 5800 60575.500
Cut-off Yield (%) 7.6666 –
Cut off Price (₹) 100.44 –
Competitive Bids Accepted    
(i) No. 10 253
(ii) Amount 1981.900 18863.209
Partial Allotment Percentage of Competitive Bids    
(i) Percentage 45.9857 –
(ii) No. 1 –
Non – Competitive Bids Received    
(i) No. 13 171
(ii) Amount 218.100 1511.740
Non-Competitive Price (₹) 100.51 –
Non-Competitive Bids Accepted    
(i) No. 13 171
(ii) Amount 218.100 1336.791
Partial Allotment Percentage of Non-Competitive Bids    
Percentage   –
Weighted Average Yield (%) 7.6598 –
Total Allotment Amount 2200 20200

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/919