RBI announced auction of state government securities totaling ₹11,500 crore across Maharashtra, Punjab, Rajasthan, Telangana on April 21, 2026.
Auction includes multiple tenors ranging from 7 to 28 years, with both yield‑based and price‑based (re‑issue) offerings.
Competitive bids accepted 10:30‑11:30 AM, non‑competitive 10:30‑11:00 AM via RBI’s E‑Kuber system; results announced same day.
Successful bidders will receive payments on April 22, 2026 and interest will be paid semi‑annually on Oct 22 and Apr 22.