BANKER AND DEBT MANAGER TO GOVERNMENT

Managing the government's banking transactions is a key RBI role. Like individuals, businesses and banks, governments need a banker to carry out their financial transactions in an efficient and effective manner, including the raising of resources from the public.

Press Release


PDF - Result of Yield/Price Based Auction of State Government Securities ()
Date : Dec 23, 2025
Result of Yield/Price Based Auction of State Government Securities
Sr. No. State/UT Amount to be raised
(₹ Crore)		 Amount Accepted
(₹ Crore)		 Cut off
Price (₹)/ Yield (%)		 Tenor
(Year)
1. Bihar 1500 1500 7.65 08
2. Gujarat* 1500 1500 7.07 05
1000 1500 7.16 06
3. Haryana 1000 1000 105.21/6.4731 Re-issue of 8.62% Haryana SDL 2028, issued on September 03, 2018
4. Jammu and Kashmir 570 570 7.60 20
5. Karnataka 1000 1000 7.19 06 years and 06 months
2000 2000 7.32 08
1000 1000 7.42 10
2000 2000 7.52 12
6. Kerala 1850 1850 7.60 17
7. Maharashtra 1000 1000 99.60/7.3467 Re-issue of 7.29% Maharashtra SGS 2035, issued on December 10, 2025
1000 1000 99.02/7.5396 Re-issue of 7.43% Maharashtra SGS 2040, issued on December 03, 2025
8. Odisha 500 500 7.24 07
500 500 7.47 11
9. Punjab 1000 1000 98.42/7.7195 Re-issue of 7.49% Punjab SGS 2035, issued on December 03, 2025
10. Rajasthan 1000 1000 7.54 10
1000 1000 7.54 11
11. Tamil Nadu 1000 1000 7.34 09
1000 1000 7.47 11
1000 1000 99.56/7.2410 Re-issue of 7.16% Tamil Nadu SGS 2032, issued on December 17, 2025
1000 1000 98.67/7.4206 Re-issue of 7.23% Tamil Nadu SGS 2035, issued on December 17, 2025
1000 1000 98.71/7.5591 Re-issue of 7.45% Tamil Nadu SGS 2055, issued on December 17, 2025
12. Telangana 500 500 7.60 17
800 800 7.59 23
1000 1000 7.58 28
13. Uttar Pradesh 1500 1500 7.59 16
500 500 99.52/7.3198 Re-issue of 7.24% Uttar Pradesh SGS 2033, issued on December 10, 2025
1000 1000 99.06/7.6201 Re-issue of 7.51% Uttar Pradesh SGS 2039, issued on December 17, 2025
14. Uttarakhand 500 500 7.64 07
15. West Bengal 1000 1000 7.62 16
1000 1000 7.60 20
1000 1000 7.59 22
  Total 33220 33720    
*Gujarat has accepted an additional amount of ₹500 Crore in the 06-year security.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/1757

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