RBI Press Release

State Government Securities – Full Auction Result

The result of the auction of State Government Securities held on August 04, 2026, is as under:

(Amount in ₹ Crore)
  ASSAM SGS* 2036 BIHAR SGS 2035 BIHAR SGS 2051 CHHATTISGARH SGS 2035
Notified Amount 1000 800 1200 500
Tenor Re-issue of 7.56% ASSAM SGS 2036 issued on 22-JUL-2026 Re-issue of 7.42% BIHAR SGS 2035 issued on 08-JUL-2026 Re-issue of 7.92% BIHAR SGS 2051 issued on 15-APR-2026 Re-issue of 7.40% CHHATTISGARH SGS 2035 issued on 08-JUL-2026
Competitive Bids Received        
(i) No. 41 23 35 21
(ii) Amount 1310 1450 5025 1365
Cut-off Yield (%) 7.5897 7.5106 7.6988 7.4999
Cut off Price (₹) 99.79 99.41 102.41 99.35
Competitive Bids Accepted        
(i) No. 9 9 6 6
(ii) Amount 905 787.973 1161.276 493.987
Partial Allotment Percentage of Competitive Bids        
(i) Percentage – 70.3784 43.2922 35.5948
(ii) No. – 2 3 1
Non-Competitive Bids Received        
(i) No. 6 4 5 4
(ii) Amount 25.030 12.027 38.724 6.013
Non-Competitive Price (₹) 99.93 99.57 102.56 99.49
Non-Competitive Bids Accepted        
(i) No. 6 4 5 4
(ii) Amount 25.030 12.027 38.724 6.013
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.5695 7.4856 7.6855 7.4780
Total Allotment Amount 930.030 800 1200 500

  CHHATTISGARH SGS 2042 GUJARAT SGS 2035# GUJARAT SGS 2038# HIMACHAL PRADESH SGS 2044
Notified Amount 500 1000 1500 400
Tenor Re-issue of 7.64% CHHATTISGARH SGS 2042 issued on 08-JUL-2026 Re-issue of 7.38% GUJARAT SGS 2035 issued on 15-JUL-2026 Re-issue of 7.51% GUJARAT SGS 2038 issued on 15-JUL-2026 Re-issue of 7.78% HIMACHAL PR SGS 2044 issued on 24-JUN-2026
Competitive Bids Received        
(i) No. 42 85 78 34
(ii) Amount 1025 5312.461 5130 852.600
Cut-off Yield (%) 7.6808 – – 7.7018
Cut off Price (₹) 99.62 – – 100.74
Competitive Bids Accepted        
(i) No. 2 – – 2
(ii) Amount 469.994 – – 379.933
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 93.0681 – – 94.3333
(ii) No. 2 – – 1
Non-Competitive Bids Received        
(i) No. 8 4 8 8
(ii) Amount 30.006 7.208 46.536 20.067
Non-Competitive Price (₹) 99.62     100.74
Non-Competitive Bids Accepted        
(i) No. 8 – – 8
(ii) Amount 30.006 – – 20.067
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.6808 – – 7.7018
Total Allotment Amount 500 0 0 400

  HIMACHAL PRADESH SGS 2049 JAMMU AND KASHMIR SGS 2046 JAMMU AND KASHMIR SGS 2051 JHARKHAND SGS 2033
Notified Amount 300 500 500 1000
Tenor Re-issue of 7.77% HIMACHAL PR SGS 2049 issued on 24-JUN-2026 Re-issue of 7.91% JAMMUKASHMIR SGS 2046 issued on 03-JUN-2026 Re-issue of 7.81% JAMMUKASHMIR SGS 2051 issued on 10-JUN-2026 Re-issue of 7.30% JHARKHAND SGS 2033 issued on 08-JUL-2026
Competitive Bids Received        
(i) No. 14 38 19 30
(ii) Amount 740 1445 1490 1665
Cut-off Yield (%) 7.6967 7.7010 7.7022 7.3508
Cut off Price (₹) 100.77 102.09 101.17 99.72
Competitive Bids Accepted        
(i) No. 1 1 1 17
(ii) Amount 296.975 489.964 489.995 989.709
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 98.9917 97.9928 97.9990 25.8836
(ii) No. 1 1 1 1
Non-Competitive Bids Received        
(i) No. 3 4 4 4
(ii) Amount 3.025 10.036 10.005 10.291
Non-Competitive Price (₹) 100.77 102.09 101.17 99.85
Non-Competitive Bids Accepted        
(i) No. 3 4 4 4
(ii) Amount 3.025 10.036 10.005 10.291
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.6967 7.7010 7.7022 7.3264
Total Allotment Amount 300 500 500 1000

  KERALA SGS 2033 KERALA SGS 2039 MADHYA PRADESH SGS 2044 MADHYA PRADESH SGS 2056
Notified Amount 800 1000 1600 2000
Tenor Re-issue of 7.30% KERALA SGS 2033 issued on 08-JUL-2026 Re-issue of 7.56% KERALA SGS 2039 issued on 08-JUL-2026 Re-issue of 7.61% MADHYAPRADESH SGS 2044 issued on 08-JUL-2026 Re-issue of 7.9% MADHYAPRADESH SGS 2056 issued on 15-APR-2026
Competitive Bids Received        
(i) No. 18 60 91 56
(ii) Amount 1760 2675 3876 8455
Cut-off Yield (%) 7.3208 7.6624 7.6983 7.6961
Cut off Price (₹) 99.88 99.16 99.14 102.35
Competitive Bids Accepted        
(i) No. 4 17 11 4
(ii) Amount 794.695 912.456 1440 1933.342
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 97.3475 19.4912 4.3750 22.9178
(ii) No. 1 1 1 1
Non-Competitive Bids Received        
(i) No. 4 12 18 7
(ii) Amount 5.305 87.544 191.526 66.658
Non-Competitive Price (₹) 99.97 99.36 99.18 102.39
Non-Competitive Bids Accepted        
(i) No. 4 12 18 7
(ii) Amount 5.305 87.544 160 66.658
Partial Allotment Percentage of Non-Competitive Bids        
Percentage     83.5396  
Weighted Average Yield (%) 7.3040 7.6377 7.6941 7.6927
Total Allotment Amount 800 1000 1600 2000

  MANIPUR SGS 2040 ODISHA SGS 2030 ODISHA SGS 2040 SIKKIM SGS 2039
Notified Amount 250 1000 1000 200
Tenor Re-issue of 7.64% MANIPUR SGS 2040 issued on 08-JUL-2026 4-Years 14-Years Re-issue of 7.58% SIKKIM SGS 2039 issued on 08-JUL-2026
Competitive Bids Received        
(i) No. 30 60 64 29
(ii) Amount 930 6015 4575 515
Cut-off Yield (%) 7.6862 6.94 7.64 7.7298
Cut off Price (₹) 99.60 100 100 98.78
Competitive Bids Accepted        
(i) No. 1 3 6 12
(ii) Amount 248.987 999.229 928.218 198.971
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 99.5948 65.5232 28.4654 4.6718
(ii) No. 1 3 4 2
Non-Competitive Bids Received        
(i) No. 3 2 9 3
(ii) Amount 1.013 0.771 71.782 1.029
Non-Competitive Price (₹) 99.60 100 100.04 98.92
Non-Competitive Bids Accepted        
(i) No. 3 2 9 3
(ii) Amount 1.013 0.771 71.782 1.029
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.6862 6.9400 7.6352 7.7124
Total Allotment Amount 250 1000 1000 200

  TAMILNADU SGS 2036 TAMILNADU SGS 2041 TAMILNADU SGS 2051 TELANGANA SGS 2039
Notified Amount 1000 1000 500 500
Tenor 10-Years 15-Years 25-Years Re-issue of 7.53% TELANGANA SGS 2039 issued on 01-JUL-2026
Competitive Bids Received        
(i) No. 87 53 11 49
(ii) Amount 3990 3230 1000 1540
Cut-off Yield (%) 7.49 7.62 7.70 7.6297
Cut off Price (₹) 100 100 100 99.18
Competitive Bids Accepted        
(i) No. 15 15 1 8
(ii) Amount 914.540 900 478.821 463.464
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 26.9875 35.4497 95.7642 54.3737
(ii) No. 9 6 1 3
Non-Competitive Bids Received        
(i) No. 9 11 5 8
(ii) Amount 85.460 122.040 21.179 36.536
Non-Competitive Price (₹) 100.18 100.07 100 99.26
Non-Competitive Bids Accepted        
(i) No. 9 11 5 8
(ii) Amount 85.460 100 21.179 36.536
Partial Allotment Percentage of Non-Competitive Bids        
Percentage   81.9404    
Weighted Average Yield (%) 7.4645 7.6116 7.7000 7.6198
Total Allotment Amount 1000 1000 500 500

  TELANGANA SGS 2044 TELANGANA SGS 2049 TELANGANA SGS 2055 UTTAR PRADESH SGS 2032
Notified Amount 500 500 1000 1000
Tenor Re-issue of 7.64% TELANGANA SGS 2044 issued on 01-JUL-2026 Re-issue of 7.65% TELANGANA SGS 2049 issued on 01-JUL-2026 Re-issue of 7.65% TELANGANA SGS 2055 issued on 01-JUL-2026 Re-issue of 7.14% UTTARPRADESH SGS 2032 issued on 08-JUL-2026
Competitive Bids Received        
(i) No. 39 23 42 55
(ii) Amount 1560 1165 4715 5895
Cut-off Yield (%) 7.6991 7.6986 7.7011 7.1404
Cut off Price (₹) 99.42 99.47 99.40 99.99
Competitive Bids Accepted        
(i) No. 3 2 5 8
(ii) Amount 450 494.978 984.456 999.876
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 82 93.9956 58.6140 23.9901
(ii) No. 1 1 1 2
Non-Competitive Bids Received        
(i) No. 12 3 5 2
(ii) Amount 76.416 5.022 15.544 0.124
Non-Competitive Price (₹) 99.43 99.47 99.44 100.03
Non-Competitive Bids Accepted        
(i) No. 12 3 5 2
(ii) Amount 50 5.022 15.544 0.124
Partial Allotment Percentage of Non-Competitive Bids        
Percentage 65.4313      
Weighted Average Yield (%) 7.6980 7.6986 7.6976 7.1320
Total Allotment Amount 500 500 1000 1000

  UTTAR PRADESH SGS 2042 UTTAR PRADESH SGS 2051 UTTARAKHAND SGS 2038$ WEST BENGAL SGS 2031
Notified Amount 1000 1000 300 500
Tenor Re-issue of 7.59% UTTARPRADESH SGS 2042 issued on 08-JUL-2026 Re-issue of 7.79% UTTARPRADESH SGS 2051 issued on 25-MAR-2026 12-Years Re-issue of 7.07% WESTBENGAL SGS 2031 issued on 08-JUL-2026
Competitive Bids Received        
(i) No. 78 39 22 35
(ii) Amount 3354.575 3440 1065 2180
Cut-off Yield (%) 7.6946 7.7011 7.64 7.1194
Cut off Price (₹) 99.04 100.96 100 99.79
Competitive Bids Accepted        
(i) No. 18 3 6 10
(ii) Amount 900 957.966 85 499.587
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 84.0850 41.5932 – 64.7339
(ii) No. 1 1 – 3
Non-Competitive Bids Received        
(i) No. 13 7 6 2
(ii) Amount 113.516 42.034 21.018 0.413
Non-Competitive Price (₹) 99.08 100.99 100.11 99.81
Non-Competitive Bids Accepted        
(i) No. 13 7 6 2
(ii) Amount 100 42.034 21.018 0.413
Partial Allotment Percentage of Non-Competitive Bids        
Percentage 88.0933      
Weighted Average Yield (%) 7.6902 7.6984 7.6253 7.1145
Total Allotment Amount 1000 1000 106.018 500

  WEST BENGAL SGS 2044 WEST BENGAL SGS 2052 Total
Notified Amount 500 500 26850
Tenor Re-issue of 7.64% WESTBENGAL SGS 2044 issued on 08-JUL-2026 Re-issue of 7.65% WESTBENGAL SGS 2052 issued on 08-JUL-2026  
Competitive Bids Received      
(i) No. 59 22 1482
(ii) Amount 1465 2575 92785.636
Cut-off Yield (%) 7.6992 7.7057 –
Cut off Price (₹) 99.42 99.37 –
Competitive Bids Accepted      
(i) No. 1 2 209
(ii) Amount 467.654 494.981 23012.027
Partial Allotment Percentage of Competitive Bids      
(i) Percentage 93.5308 97.9924 –
(ii) No. 1 1 –
Non-Competitive Bids Received      
(i) No. 9 3 215
(ii) Amount 32.346 5.019 1221.263
Non-Competitive Price (₹) 99.42 99.42 –
Non-Competitive Bids Accepted      
(i) No. 9 3 203
(ii) Amount 32.346 5.019 1074.021
Partial Allotment Percentage of Non-Competitive Bids      
Percentage     –
Weighted Average Yield (%) 7.6992 7.7012 –
Total Allotment Amount 500 500 24086.048
*Assam has accepted partial amount of ₹930.030 crore in Re-issue of 7.56% Assam SGS 2036, issued on July 22, 2026.
#Gujarat has not accepted any amount in Re-issue of 7.38% Gujarat SGS 2035, issued on July 15, 2026 and Re-issue of 7.51% Gujarat SGS 2038, issued on July 15, 2026.
$Uttarakhand has accepted partial amount of ₹106.018 crore in the 12-year security.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/806