RBI announced auction of State Government Securities totaling ₹18,600 cr across five states on May 5 2026, with results same day.
Auction includes new and re‑issued bonds with tenures up to 15 years, priced via competitive and non‑competitive bids on the E‑Kuber platform.
Individual investors can bid up to 10% of each issue via Retail Direct; minimum lot size ₹10,000 in multiples of ₹10,000.
Interest on new stocks payable semi‑annually; securities eligible for SLR and ready‑forward facility, impacting bank liquidity.