RBI State Securities Auction Yields 7.5%-7.8%

RBI auctioned State Government Securities on April 21, 2026 across four states totaling ₹16,900 cr notified amount.
Weighted average yields varied between 7.52% and 7.82% with cut‑off yields around 7.6%‑7.8% and prices at or near 100.
Competitive bids far exceeded notified amounts, e.g., Andhra Pradesh 8‑yr received ₹3,880 cr for ₹1,800 cr issue (37.4% allotment).
Non‑competitive bids were accepted at slight premium prices (₹100.04‑101.51) with partial allotments ranging 10%‑55% across issues.