RBI announced auction of State Government Securities worth ₹20,100 crore across six states on May 19 2026 via E‑Kuber platform.
Auction includes re‑issues of various tenures (2032‑2056) with yields ranging 7.50%‑7.84% and price‑based bidding for most issues.
Competitive bids accepted 10:30‑11:30 AM, non‑competitive 10:30‑11:00 AM; results announced same day, payment on May 20 2026.
Securities qualify for banks’ Statutory Liquidity Ratio and will bear semi‑annual interest, enhancing liquidity in the government debt market.