Relevant Extracted Data

Auction of State Government Securities

  • Total amount offered: ₹14,800 crore (Face Value) across 10 states.
  • Detailed state‑wise offerings:
  • Bihar – ₹1,600 cr, re‑issue 7.92% SGS 2051, price auction.
  • Chhattisgarh – ₹500 cr (7.37% SGS 2031) and ₹500 cr (7.83% SGS 2040), price auction.
  • Gujarat – ₹1,500 cr (11‑year) and ₹1,000 cr (14‑year), yield auction.
  • Jammu & Kashmir – ₹500 cr (25‑year), yield auction.
  • Kerala – ₹400 cr (7.60% SGS 2033), ₹1,000 cr (7.81% SGS 2037), ₹1,400 cr (7.86% SGS 2042), price auction.
  • Madhya Pradesh – ₹1,200 cr (7.86% SGS 2042) and ₹600 cr (7.90% SGS 2056), price auction.
  • Manipur – ₹300 cr (16‑year), yield auction.
  • Mizoram – ₹100 cr (15‑year), yield auction.
  • Tamil Nadu – ₹1,000 cr (7.69% SGS 2033), ₹1,000 cr (7.74% SGS 2036), ₹500 cr (7.80% SGS 2041), price auction.
  • Uttar Pradesh – ₹700 cr (12‑year) and ₹1,000 cr (20‑year), yield auction.
  • Auction to be conducted on RBI Core Banking Solution (E‑Kuber) on June 09 2026 (Tuesday).
  • Competitive bids: 10:30 AM – 11:30 AM; Non‑competitive bids: 10:30 AM – 11:00 AM, both submitted electronically via E‑Kuber.
  • Non‑competitive bidding also available through Retail Direct portal; government may allot up to 10 % of each stock’s notified amount, with a 1 % limit per single bid.
  • In case of system failure, physical bids accepted as per prescribed form before auction timing ends.
  • Minimum issue size ₹10,000 in multiples of ₹10,000.
  • Results announced on June 09 2026; payment to successful bidders on June 10 2026 (banking hours) at Mumbai and RBI regional offices.
  • Interest on new stocks payable semi‑annually on 10 December and 10 June; re‑issued stocks retain original interest schedule.
  • Investment qualifies as eligible SLR asset for banks and is eligible for ready‑forward facility.