RBI Press Release

State Government Securities – Full Auction Result

The result of the auction of State Government Securities held on May 19, 2026, is as under:

(Amount in ₹ Crore)
  ANDHRA SGS 2034 ANDHRA SGS 2042 ANDHRA SGS 2056 MAHARASHTRA SGS 2034
Notified Amount 1000 1800 1800 800
Tenor Re-issue of 7.63% ANDHRA SGS 2034 issued on 22-APR-2026 Re-issue of 7.79% ANDHRA SGS 2042 issued on 22-APR-2026 Re-issue of 7.81% ANDHRA SGS 2056 issued on 22-APR-2026 Re-issue of 7.55% MAHARASHTRA SGS 2034 issued on 22-APR-2026
Competitive Bids Received        
(i) No. 47 80 25 59
(ii) Amount 2920 3719 5430 2685
Cut-off Yield (%) 7.8086 7.9082 7.9073 7.7695
Cut off Price (₹) 98.95 98.93 98.88 98.71
Competitive Bids Accepted        
(i) No. 14 6 4 15
(ii) Amount 933.153 1623.493 1761.419 774.094
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 69.1143 79.0607 33.8683 96.4653
(ii) No. 2 2 1 4
Non – Competitive Bids Received        
(i) No. 10 13 6 9
(ii) Amount 66.847 176.507 38.581 25.906
Non-Competitive Price (₹) 99.03 98.95 98.93 98.74
Non-Competitive Bids Accepted        
(i) No. 10 13 6 9
(ii) Amount 66.847 176.507 38.581 25.906
Partial Allotment Percentage of
Non-Competitive Bids		        
Percentage        
Weighted Average Yield (%) 7.7948 7.9060 7.9029 7.7643
Total Allotment Amount 1000 1800 1800 800

  MAHARASHTRA SGS 2044 MAHARASHTRA SGS 2054 PUNJAB SGS 2038 PUNJAB SGS 2041
Notified Amount 1600 1600 700 800
Tenor Re-issue of 7.77% MAHARASHTRA SGS 2044 issued on 22-APR-2026 Re-issue of 7.79% MAHARASHTRA SGS 2054 issued on 22-APR-2026 Re-issue of 7.84% PUNJAB SGS 2038 issued on 22-APR-2026 15 -Years
Competitive Bids Received        
(i) No. 108 30 65 84
(ii) Amount 3375 5100 2630 2595
Cut-off Yield (%) 7.9090 7.9179 7.9226 7.91
Cut off Price (₹) 98.67 98.56 99.36 100
Competitive Bids Accepted        
(i) No. 22 7 4 6
(ii) Amount 1506.752 1557.401 630 722.470
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 45.0017 2.7130 87.8571 87.3576
(ii) No. 3 2 1 3
Non – Competitive Bids Received        
(i) No. 13 8 14 15
(ii) Amount 93.248 42.599 73.711 77.530
Non-Competitive Price (₹) 98.80 98.66 99.36 100.01
Non-Competitive Bids Accepted        
(i) No. 13 8 14 15
(ii) Amount 93.248 42.599 70 77.530
Partial Allotment Percentage of Non-Competitive Bids        
Percentage     94.9655  
Weighted Average Yield (%) 7.8952 7.9088 7.9226 7.9094
Total Allotment Amount 1600 1600 700 800

  PUNJAB SGS 2044 RAJASTHAN SGS 2036 RAJASTHAN SGS 2041 RAJASTHAN SGS 2049
Notified Amount 1000 1200 1800 1000
Tenor 18 -Years Re-issue of 7.64% RAJASTHAN SGS 2036 issued on 22-APR-2026 15 -Years Re-issue of 7.81% RAJASTHAN SGS 2049 issued on 22-APR-2026
Competitive Bids Received        
(i) No. 83 67 60 44
(ii) Amount 4205 5479.620 3515 3460
Cut-off Yield (%) 7.92 7.8295 7.87 7.9147
Cut off Price (₹) 100 98.70 100 98.89
Competitive Bids Accepted        
(i) No. 9 16 5 5
(ii) Amount 915.127 1118.151 1688.772 969.883
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 67.8258 38.4021 75.0538 31.9766
(ii) No. 3 5 2 1
Non – Competitive Bids Received        
(i) No. 11 13 16 5
(ii) Amount 84.873 81.849 111.228 30.117
Non-Competitive Price (₹) 100.01 98.78 100.07 98.93
Non-Competitive Bids Accepted        
(i) No. 11 13 16 5
(ii) Amount 84.873 81.849 111.228 30.117
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.9188 7.8176 7.8622 7.9109
Total Allotment Amount 1000 1200 1800 1000

  TAMILNADU SGS 2032 TAMILNADU SGS 2036 TAMILNADU SGS 2041 TELANGANA SGS 2033
Notified Amount 1000 1000 1000 750
Tenor Re-issue of 7.50% TAMILNADU SGS 2032 issued on 06-MAY-2026 Re-issue of 7.73% TAMILNADU SGS 2036 issued on 06-MAY-2026 Re-issue of 7.80% TAMILNADU SGS 2041 issued on 06-MAY-2026 Re-issue of 7.54% TELANGANA SGS 2033 issued on 22-APR-2026
Competitive Bids Received        
(i) No. 66 76 88 34
(ii) Amount 3655 3885.050 3614.500 2930
Cut-off Yield (%) 7.6687 7.8082 7.8085 7.7484
Cut off Price (₹) 99.20 99.46 99.92 98.89
Competitive Bids Accepted        
(i) No. 20 19 1 8
(ii) Amount 999.610 900 922.954 737.691
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 9.2868   92.2954 12.691
(ii) No. 2   1 1
Non – Competitive Bids Received        
(i) No. 2 13 12 4
(ii) Amount 0.390 108.394 77.046 12.309
Non-Competitive Price (₹) 99.33 99.54 99.92 98.96
Non-Competitive Bids Accepted        
(i) No. 2 13 12 4
(ii) Amount 0.390 100 77.046 12.309
Partial Allotment Percentage of Non-Competitive Bids        
Percentage   92.256    
Weighted Average Yield (%) 7.6410 7.7965 7.8085 7.7351
Total Allotment Amount 1000 1000 1000 750

  TELANGANA SGS 2037 TELANGANA SGS 2047 Total
Notified Amount 500 750 20100
Tenor Re-issue of 7.70% TELANGANA SGS 2037 issued on 22-APR-2026 Re-issue of 7.82% TELANGANA SGS 2047 issued on 22-APR-2026  
Competitive Bids Received      
(i) No. 37 56 1109
(ii) Amount 2215 2930 64343.170
Cut-off Yield (%) 7.8435 7.9176 –
Cut off Price (₹) 98.95 99.00 –
Competitive Bids Accepted      
(i) No. 5 9 175
(ii) Amount 464.973 705.395 18931.338
Partial Allotment Percentage of Competitive Bids      
(i) Percentage 69.3016 90.7900 –
(ii) No. 2 1 –
Non – Competitive Bids Received      
(i) No. 7 11 182
(ii) Amount 35.027 44.605 1180.767
Non-Competitive Price (₹) 98.96 99.11 –
Non-Competitive Bids Accepted      
(i) No. 7 11 182
(ii) Amount 35.027 44.605 1168.662
Partial Allotment Percentage of Non-Competitive Bids      
Percentage     –
Weighted Average Yield (%) 7.8422 7.9067 –
Total Allotment Amount 500 750 20100

Ajit Prasad           Deputy General Manager (Communications)    

Press Release: 2026-2027/289