RBI to auction state government securities worth ₹18,159 crore across 7 states on April 7, 2026 via E‑Kuber platform.
Competitive bids accepted 10:30‑11:30 AM, non‑competitive bids 10:30‑11:00 AM; results announced same day with payments on April 8, 2026.
Issue sizes include ₹2,200 cr (12‑yr & 25‑yr) Andhra Pradesh, ₹1,500 cr Punjab 10‑yr, ₹1,800 cr Rajasthan 31‑yr, etc., totaling ₹18,159 cr.
New bonds qualify for banks' Statutory Liquidity Ratio and ready‑forward facility; interest payable semi‑annually on October 8 and April 8.