RBI announced an auction of State Government Securities totaling ₹14,500 crore across seven states on April 28, 2026.
The auction includes new issues and re‑issues with tenors from 3 to 23 years; yields or prices will be set by RBI.
Bids can be submitted competitively (10:30‑11:30 am) and non‑competitively (10:30‑11:00 am) via the E‑Kuber platform; results announced the same day.
Securities qualify for banks' Statutory Liquidity Ratio and ready‑forward facility; interest payable semi‑annually on Oct 29 and Apr 29.