RBI Press Release

State Government Securities – Full Auction Result

The result of the auction of State Government Securities held on September 01, 2026, is as under:

(Amount in ₹ Crore)
  ASSAM SGS 2046 BIHAR SGS 2035 BIHAR SGS 2051 CHHATTISGARH SGS 2035
Notified Amount 1000 800 1200 500
Tenor Re-issue of 7.62% ASSAM SGS 2046 issued on 21-JAN-2026 Re-issue of 7.42% BIHAR SGS 2035 issued on 08-JUL-2026 25 -Years Re-issue of 7.40% CHHATTISGARH SGS 2035 issued on 08-JUL-2026
Competitive Bids Received        
(i) No. 54 43 28 39
(ii) Amount 2839 1390 4120 1605
Cut-off Yield (%) 7.7585 7.6494 7.76 7.6403
Cut off Price (₹) 98.61 98.53 100 98.46
Competitive Bids Accepted        
(i) No. 1 11 7 9
(ii) Amount 971.994 799.935 1176.659 499.866
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 97.1994 41.7946 33.8216 2.1627
(ii) No. 1 2 6 2
Non – Competitive Bids Received        
(i) No. 5 2 5 2
(ii) Amount 28.006 0.065 23.341 0.134
Non-Competitive Price (₹) 98.61 98.72 100.11 98.61
Non-Competitive Bids Accepted        
(i) No. 5 2 5 2
(ii) Amount 28.006 0.065 23.341 0.134
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.7585 7.6192 7.7498 7.6165
Total Allotment Amount 1000 800 1200 500

  CHHATTISGARH SGS 2042* HIMACHAL PRADESH SGS 2039 JHARKHAND SGS 2038 JHARKHAND SGS 2042
Notified Amount 500 700 300 300
Tenor Re-issue of 7.64% CHHATTISGARH SGS 2042 issued on 08-JUL-2026 Re-issue of 7.56% HIMACHAL PR SGS 2039 issued on 08-JUL-2026 12 -Years 16 -Years
Competitive Bids Received        
(i) No. 33 33 29 19
(ii) Amount 520 1145 980 800
Cut-off Yield (%) 7.8082 7.7633 7.72 7.72
Cut off Price (₹) 98.47 98.35 100 100
Competitive Bids Accepted        
(i) No. 27 13 4 1
(ii) Amount 380 687.960 296.913 293.896
Partial Allotment Percentage of Competitive Bids        
(i) Percentage – 79.6000 63.5203 97.9653
(ii) No. – 1 3 1
Non – Competitive Bids Received        
(i) No. 4 4 3 3
(ii) Amount 10.030 12.040 3.087 6.104
Non-Competitive Price (₹) 98.68 98.67 100.03 100
Non-Competitive Bids Accepted        
(i) No. 4 4 3 3
(ii) Amount 10.030 12.040 3.087 6.104
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.7847 7.7232 7.7166 7.72
Total Allotment Amount 390.030 700 300 300

  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 30 -Years
Competitive Bids Received        
(i) No. 38 64 79 32
(ii) Amount 2715 2230 1930 6345
Cut-off Yield (%) 7.4391 7.7495 7.7990 7.75
Cut off Price (₹) 99.25 98.46 98.18 100
Competitive Bids Accepted        
(i) No. 8 18 61 5
(ii) Amount 793.149 944.933 1537.997 1934.069
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 84.1987 9.2867 79.2587 26.5279
(ii) No. 1 5 4 4
Non – Competitive Bids Received        
(i) No. 4 8 6 4
(ii) Amount 6.851 55.067 62.003 65.931
Non-Competitive Price (₹) 99.38 98.58 98.36 100.05
Non-Competitive Bids Accepted        
(i) No. 4 8 6 4
(ii) Amount 6.851 55.067 62.003 65.931
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.4144 7.7345 7.7799 7.7459
Total Allotment Amount 800 1000 1600 2000

  MANIPUR SGS 2040 ODISHA SGS 2030 ODISHA SGS 2040 SIKKIM SGS 2039
Notified Amount 100 1000 1000 200
Tenor Re-issue of 7.64% MANIPUR SGS 2040 issued on 08-JUL-2026 Re-issue of 6.94% ODISHA SGS 2030 issued on 05-AUG-2026 Re-issue of 7.64% ODISHA SGS 2040 issued on 05-AUG-2026 Re-issue of 7.58% SIKKIM SGS 2039 issued on 08-JUL-2026
Competitive Bids Received        
(i) No. 12 58 40 24
(ii) Amount 215 4950 1505 315
Cut-off Yield (%) 7.7897 7.1692 7.7792 7.8302
Cut off Price (₹) 98.73 99.22 98.82 97.98
Competitive Bids Accepted        
(i) No. 6 14 25 19
(ii) Amount 99.998 999.507 974.891 199.986
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 81.8146 38.5010 5.1484 59.9440
(ii) No. 2 4 3 1
Non – Competitive Bids Received        
(i) No. 2 2 5 2
(ii) Amount 0.002 0.493 25.109 0.014
Non-Competitive Price (₹) 98.77 99.29 99.27 98.22
Non-Competitive Bids Accepted        
(i) No. 2 2 5 2
(ii) Amount 0.002 0.493 25.109 0.014
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.7849 7.1484 7.7254 7.7999
Total Allotment Amount 100 1000 1000 200

  TAMILNADU SGS 2036 TAMILNADU SGS 2041 TAMILNADU SGS 2051 TELANGANA SGS 2039
Notified Amount 1000 2000 2000 500
Tenor Re-issue of 7.49% TAMILNADU SGS 2036 issued on 05-AUG-2026 Re-issue of 7.62% TAMILNADU SGS 2041 issued on 05-AUG-2026 Re-issue of 7.7% TAMILNADU SGS 2051 issued on 05-AUG-2026 Re-issue of 7.53% TELANGANA SGS 2039 issued on 01-JUL-2026
Competitive Bids Received        
(i) No. 105 70 28 54
(ii) Amount 3340 5000.400 3640 1690
Cut-off Yield (%) 7.6123 7.7044 7.7695 7.7356
Cut off Price (₹) 99.15 99.25 99.23 98.33
Competitive Bids Accepted        
(i) No. 14 7 14 18
(ii) Amount 965.852 1917.388 1949.037 489.795
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 3.4080 70.7352 1.5711 65.3000
(ii) No. 1 2 3 2
Non – Competitive Bids Received        
(i) No. 8 8 5 4
(ii) Amount 34.148 82.612 50.963 10.205
Non-Competitive Price (₹) 99.23 99.26 99.49 98.42
Non-Competitive Bids Accepted        
(i) No. 8 8 5 4
(ii) Amount 34.148 82.612 50.963 10.205
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.6006 7.7032 7.7457 7.7243
Total Allotment Amount 1000 2000 2000 500

  TELANGANA SGS 2044 TELANGANA SGS 2049 UTTAR PRADESH SGS 2032 UTTAR PRADESH SGS 2042
Notified Amount 500 1000 500 500
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 7.14% 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. 30 30 43 45
(ii) Amount 550 2290 1985 1365
Cut-off Yield (%) 7.7996 7.7378 7.3505 7.7555
Cut off Price (₹) 98.46 99.05 99.00 98.49
Competitive Bids Accepted        
(i) No. 25 1 13 17
(ii) Amount 489.948 979.955 499.811 492.941
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 56.9943 97.9955 1.5519 2.5882
(ii) No. 2 1 3 1
Non – Competitive Bids Received        
(i) No. 4 4 2 4
(ii) Amount 10.052 20.045 0.189 7.059
Non-Competitive Price (₹) 98.69 99.05 99.11 98.62
Non-Competitive Bids Accepted        
(i) No. 4 4 2 4
(ii) Amount 10.052 20.045 0.189 7.059
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.7753 7.7378 7.3269 7.7409
Total Allotment Amount 500 1000 500 500

  UTTAR PRADESH SGS 2051 UTTARAKHAND SGS 2038# WEST BENGAL SGS 2031 WEST BENGAL SGS 2044
Notified Amount 1000 300 1000 1500
Tenor Re-issue of 7.79% UTTARPRADESH SGS 2051 issued on 25-MAR-2026 Re-issue of 7.64% UTTARAKHAND SGS 2038 issued on 05-AUG-2026 Re-issue of 7.07% WESTBENGAL SGS 2031 issued on 08-JUL-2026 Re-issue of 7.64% WESTBENGAL SGS 2044 issued on 08-JUL-2026
Competitive Bids Received        
(i) No. 32 32 40 78
(ii) Amount 2020 480 2165 2568.900
Cut-off Yield (%) 7.7690 – 7.3203 7.7997
Cut off Price (₹) 100.22 – 98.98 98.46
Competitive Bids Accepted        
(i) No. 9 – 17 46
(ii) Amount 977.204 – 999.883 1429.890
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 16.5255 – 79.9415 34.5274
(ii) No. 1 – 3 5
Non – Competitive Bids Received        
(i) No. 5 3 2 7
(ii) Amount 22.796 10.038 0.117 70.110
Non-Competitive Price (₹) 100.38 – 99.07 98.63
Non-Competitive Bids Accepted        
(i) No. 5 – 2 7
(ii) Amount 22.796 – 0.117 70.110
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.7544 – 7.2978 7.7817
Total Allotment Amount 1000 0 1000 1500

  WEST BENGAL SGS 2052 Total
Notified Amount 2200 27000
Tenor Re-issue of 7.65% WESTBENGAL SGS 2052 issued on 08-JUL-2026  
Competitive Bids Received    
(i) No. 35 1247
(ii) Amount 5605 66303.300
Cut-off Yield (%) 7.7596 –
Cut off Price (₹) 98.77 –
Competitive Bids Accepted    
(i) No. 5 415
(ii) Amount 2157.848 25941.305
Partial Allotment Percentage of Competitive Bids    
(i) Percentage 27.7131 –
(ii) No. 3 –
Non – Competitive Bids Received    
(i) No. 4 121
(ii) Amount 42.152 658.763
Non-Competitive Price (₹) 98.81 –
Non-Competitive Bids Accepted    
(i) No. 4 118
(ii) Amount 42.152 648.725
Partial Allotment Percentage of Non-Competitive Bids    
Percentage    
Weighted Average Yield (%) 7.7559 –
Total Allotment Amount 2200 26590.030
*Chhattisgarh has accepted partial amount of ₹390.030 crore in Re-issue of 7.64% Chhattisgarh SGS 2042, issued on July 08, 2026.
#Uttarakhand has not accepted any amount in Re-issue of 7.64% Uttarakhand SGS 2038, issued on August 05, 2026.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2026-2027/1014