RBI Press Release

State Government Securities – Full Auction Result

The result of the auction of State Government Securities held on October 27, 2026 is as under:

(Amount in ₹ Crore)
  ASSAM SGS 2035* BIHAR SGS 2035 BIHAR SGS 2041 CHHATTISGARH SGS 2040
Notified Amount 1000 1000 2000 600
Tenor 9 -Years 9 -Years Re-issue of 7.66% BIHAR SGS 2041 issued on 22-JUL-2026 Re-issue of 7.83% CHHATTISGARH SGS 2040 issued on 15-APR-2026
Competitive Bids Received        
(i) No. 58 79 96 55
(ii) Amount 2405 2972 4589.15 2447
Cut-off Yield (%) 8.15 8.18 8.2811 8.2498
Cut off Price (₹) 100 100 94.75 96.62
Competitive Bids Accepted        
(i) No. 10 25 20 10
(ii) Amount 525 926.517 1951.802 582.934
Partial Allotment Percentage of Competitive Bids        
(i) Percentage – 93.1187 33.0400 15.3498
(ii) No. – 6 1 5
Non – Competitive Bids Received        
(i) No. 13 12 5 5
(ii) Amount 81.733 73.483 48.198 17.066
Non-Competitive Price (₹) 100.03 100.15 94.95 96.80
Non-Competitive Bids Accepted        
(i) No. 13 12 5 5
(ii) Amount 81.733 73.483 48.198 17.066
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 8.1457 8.1562 8.2564 8.2269
Total Allotment Amount 606.733 1000 2000 600

  CHHATTISGARH SGS 2048 GUJARAT SGS 2035# GUJARAT SGS 2038# HIMACHAL PRADESH SGS 2049
Notified Amount 600 1000 1000 400
Tenor Re-issue of 7.82% CHHATTISGARH SGS 2048 issued on 29-APR-2026 Re-issue of 7.96% GUJARAT SGS 2035 issued on 14-OCT-2026 Re-issue of 8.06% GUJARAT SGS 2038 issued on 21-OCT-2026 Re-issue of 7.77% HIMACHAL PR SGS 2049 issued on 24-JUN-2026
Competitive Bids Received        
(i) No. 45 97 128 40
(ii) Amount 2170 5185 5768.750 2015
Cut-off Yield (%) 8.2462 – – 8.2487
Cut off Price (₹) 95.74 – – 95.11
Competitive Bids Accepted        
(i) No. 1 – – 1
(ii) Amount 587.530 – – 398.950
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 97.9217 – – 99.7375
(ii) No. 1 – – 1
Non – Competitive Bids Received        
(i) No. 4 11 20 2
(ii) Amount 12.470 60.466 173.828 1.050
Non-Competitive Price (₹) 95.74 – – 95.11
Non-Competitive Bids Accepted        
(i) No. 4 – – 2
(ii) Amount 12.470 – – 1.050
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 8.2462 – – 8.2487
Total Allotment Amount 600 0 0 400

  JHARKHAND SGS 2033$ KERALAM SGS 2040^ MANIPUR SGS 2042 NAGALAND SGS 2035@
Notified Amount 200 1500 300 300
Tenor Re-issue of 7.30% JHARKHAND SGS 2033 issued on 08-JUL-2026 14 -Years Re-issue of 7.79% MANIPUR SGS 2042 issued on 10-JUN-2026 9 -Years
Competitive Bids Received        
(i) No. 30 97 44 29
(ii) Amount 1265 6434.500 1665 1140
Cut-off Yield (%) – – 8.2651 8.18
Cut off Price (₹) – – 95.86 100
Competitive Bids Accepted        
(i) No. – – 2 4
(ii) Amount – – 291.702 245
Partial Allotment Percentage of Competitive Bids        
(i) Percentage – – 95.5673 –
(ii) No. – – 1 –
Non – Competitive Bids Received        
(i) No. 3 25 4 6
(ii) Amount 2.495 326.723 8.298 11.615
Non-Competitive Price (₹) – – 95.86 100.17
Non-Competitive Bids Accepted        
(i) No. – – 4 6
(ii) Amount – – 8.298 11.615
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) – – 8.2651 8.1522
Total Allotment Amount 0 0 300 256.615

  SIKKIM SGS 2030& SIKKIM SGS 2042 TAMILNADU SGS 2041 TAMILNADU SGS 2046
Notified Amount 200 200 2500 2500
Tenor Re-issue of 7.55% SIKKIM SGS 2030 issued on 30-SEP-2026 Re-issue of 7.98% SIKKIM SGS 2042 issued on 30-SEP-2026 Re-issue of 7.80% TAMILNADU SGS 2041 issued on 03-JUN-2026 Re-issue of 8.14% TAMILNADU SGS 2046 issued on 14-OCT-2026
Competitive Bids Received        
(i) No. 24 41 136 116
(ii) Amount 1225 1330 9115 7699
Cut-off Yield (%) – 8.2547 8.2597 8.2767
Cut off Price (₹) – 97.58 96.13 98.67
Competitive Bids Accepted        
(i) No. – 2 36 19
(ii) Amount – 191.334 2398.948 2396.216
Partial Allotment Percentage of Competitive Bids        
(i) Percentage – 90.6670 6.3622 86.2462
(ii) No. – 1 5 1
Non – Competitive Bids Received        
(i) No. 3 5 15 14
(ii) Amount 2.324 8.666 101.052 103.784
Non-Competitive Price (₹) – 97.58 96.33 98.75
Non-Competitive Bids Accepted        
(i) No. – 5 15 14
(ii) Amount – 8.666 101.052 103.784
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) – 8.2547 8.2352 8.2683
Total Allotment Amount 0 200 2500 2500

  TAMILNADU SGS 2051 TAMILNADU SGS 2056 UTTAR PRADESH SGS 2032 UTTAR PRADESH SGS 2042
Notified Amount 2000 2000 500 1000
Tenor Re-issue of 8.21% TAMILNADU SGS 2051 issued on 14-OCT-2026 Re-issue of 8.18% TAMILNADU SGS 2056 issued on 14-OCT-2026 Re-issue of 7.14% UTTARPRADESH SGS 2032 issued on 08-JUL-2026 Re-issue of 7.59% UTTARPRADESH SGS 2042 issued on 08-JUL-2026
Competitive Bids Received        
(i) No. 49 41 52 95
(ii) Amount 4645 4200 2998 3570
Cut-off Yield (%) 8.2656 8.2537 7.9593 8.2789
Cut off Price (₹) 99.41 99.18 96.29 93.99
Competitive Bids Accepted        
(i) No. 8 10 12 14
(ii) Amount 1890.969 1918.448 484.091 937.089
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 99.4961 92.816 17.2588 20.4915
(ii) No. 1 1 3 2
Non – Competitive Bids Received        
(i) No. 9 6 4 8
(ii) Amount 109.031 81.552 15.909 62.911
Non-Competitive Price (₹) 99.47 99.23 96.38 94.06
Non-Competitive Bids Accepted        
(i) No. 9 6 4 8
(ii) Amount 109.031 81.552 15.909 62.911
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 8.2599 8.2492 7.9389 8.2705
Total Allotment Amount 2000 2000 500 1000

  UTTAR PRADESH SGS 2051 UTTARAKHAND SGS 2038 Total
Notified Amount 2000 500 23300
Tenor Re-issue of 7.95% UTTARPRADESH SGS 2051 issued on 30-SEP-2026 Re-issue of 7.64% UTTARAKHAND SGS 2038 issued on 05-AUG-2026  
Competitive Bids Received      
(i) No. 42 58 1452
(ii) Amount 4525 2385 79748.400
Cut-off Yield (%) 8.2772 8.2295 –
Cut off Price (₹) 96.56 95.59 –
Competitive Bids Accepted      
(i) No. 11 10 195
(ii) Amount 1967.754 499.903 18194.187
Partial Allotment Percentage of Competitive Bids      
(i) Percentage 1.5169 18.3010 –
(ii) No. 1 2 –
Non – Competitive Bids Received      
(i) No. 5 1 180
(ii) Amount 32.246 0.097 1334.997
Non-Competitive Price (₹) 96.73 95.74 –
Non-Competitive Bids Accepted      
(i) No. 5 1 118
(ii) Amount 32.246 0.097 769.161
Partial Allotment Percentage of Non-Competitive Bids      
Percentage     –
Weighted Average Yield (%) 8.2606 8.2088 –
Total Allotment Amount 2000 500 18963.348
*Assam has accepted partial amount of ₹606.733 crore in the 09-year security.
#Gujarat has not accepted any amount in the Re-issue of 7.96% Gujarat SGS 2035, issued on October 14, 2026 and Re-issue of 8.06% Gujarat SGS 2038, issued on October 21, 2026.
$Jharkhand has not accepted any amount in the Re-issue of 7.30% Jharkhand SGS 2033, issued on July 08, 2026.
^Keralam has not accepted any amount in the 14-year security.
@Nagaland has accepted partial amount of ₹256.615 crore in the 09-year security.
&Sikkim has not accepted any amount in the Re-issue of 7.55% Sikkim SGS 2030, issued on September 30, 2026.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/1393