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 - State Government Securities - Full Auction Result ()
Date : Dec 02, 2025
State Government Securities - Full Auction Result

The result of the auction of State Government Securities held on December 02, 2025, is as under:

(Amount in ₹ Crore)
  ANDHRA PRADESH SGS 2036 ANDHRA PRADESH SGS 2040 ANDHRA PRADESH SGS 2044 BIHAR SGS 2035*
Notified Amount 1000 1000 1000 1500
Tenor 11 -Years 15 -Years 19 -Years 10 -Years
Competitive Bids Received        
(i) No. 60 79 81 37
(ii) Amount 3535 3561 3680 1625
Cut-off Yield (%) 7.35 7.53 7.59 7.40
Cut off Price (₹) 100 100 100 100
Competitive Bids Accepted        
(i) No. 18 35 42 29
(ii) Amount 915.051 900 969.554 830
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 91.2460 60.6452 9.0667  
(ii) No. 6 6 7  
Non - Competitive Bids Received        
(i) No. 13 15 5 9
(ii) Amount 84.949 117.400 30.446 79.974
Non-Competitive Price (₹) 100.14 100.24 100.37 100.56
Non-Competitive Bids Accepted        
(i) No. 13 15 5 9
(ii) Amount 84.949 100 30.446 79.974
Partial Allotment Percentage of Non-Competitive Bids        
Percentage   85.1789    
Weighted Average Yield (%) 7.3314 7.5035 7.5531 7.3207
Total Allotment Amount 1000 1000 1000 909.974

  GUJARAT SGS 2034 HIMACHAL PRADESH SGS 2029 MADHYA PRADESH SGS 2033 MADHYA PRADESH SGS 2038
Notified Amount 1000 350 1000 1000
Tenor 9 -Years 4 -Years 8 -Years 13 -Years
Competitive Bids Received        
(i) No. 69 11 42 71
(ii) Amount 3565 1320 2990 4768
Cut-off Yield (%) 7.17 6.75 7.20 7.44
Cut off Price (₹) 100 100 100 100
Competitive Bids Accepted        
(i) No. 33 8 27 35
(ii) Amount 928.537 337.961 954.464 906.484
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 52.8079 47.9889 59.7320 68.7782
(ii) No. 10 1 4 3
Non - Competitive Bids Received        
(i) No. 12 5 9 13
(ii) Amount 71.463 12.039 45.536 93.516
Non-Competitive Price (₹) 100.11 100.14 100.23 100.30
Non-Competitive Bids Accepted        
(i) No. 12 5 9 13
(ii) Amount 71.463 12.039 45.536 93.516
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.1538 6.7092 7.1610 7.4035
Total Allotment Amount 1000 350 1000 1000

  MADHYA PRADESH SGS 2048 MAHARASHTRA SGS 2034 MAHARASHTRA SGS 2040 MAHARASHTRA SGS 2029
Notified Amount 1000 1000 1000 1000
Tenor 23 -Years 9 -Years 15 -Years Re-issue of 6.74% MAHARASHTRA SGS 2029 issued on 10-SEP-2025
Competitive Bids Received        
(i) No. 50 61 100 44
(ii) Amount 3305 3370 5458.55 3345
Cut-off Yield (%) 7.54 7.20 7.43 6.5809
Cut off Price (₹) 100 100 100 100.51
Competitive Bids Accepted        
(i) No. 5 36 27 14
(ii) Amount 929.670 953.768 925.724 999.868
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 88.9670 32.5120 62.1278 65.6389
(ii) No. 1 5 10 2
Non - Competitive Bids Received        
(i) No. 8 11 11 2
(ii) Amount 70.330 46.232 74.276 0.132
Non-Competitive Price (₹) 100.01 100.20 100.11 100.54
Non-Competitive Bids Accepted        
(i) No. 8 11 11 2
(ii) Amount 70.330 46.232 74.276 0.132
Partial Allotment Percentage of Non-Competitive Bids        
Percentage        
Weighted Average Yield (%) 7.5391 7.1687 7.4179 6.5718
Total Allotment Amount 1000 1000 1000 1000

  MEGHALAYA SGS 2035 PUNJAB SGS 2035 RAJASTHAN SGS 2035 TAMILNADU SGS 2032
Notified Amount 500 1000 1000 1000
Tenor 10 -Years 10 -Years 10 -Years 7 -Years
Competitive Bids Received        
(i) No. 24 49 45 35
(ii) Amount 765 1684.500 2825 3305
Cut-off Yield (%) 7.44 7.49 7.24 7.09
Cut off Price (₹) 100 100 100 100
Competitive Bids Accepted        
(i) No. 18 37 3 17
(ii) Amount 483.078 913.894 900 961.687
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 10.7340 38.6035 76.1905 86.0680
(ii) No. 2 4 2 2
Non - Competitive Bids Received        
(i) No. 6 13 13 9
(ii) Amount 16.922 86.106 118.284 38.313
Non-Competitive Price (₹) 100.62 100.28 100.04 100.14
Non-Competitive Bids Accepted        
(i) No. 6 13 13 9
(ii) Amount 16.922 86.106 100 38.313
Partial Allotment Percentage of Non-Competitive Bids        
Percentage     84.5423  
Weighted Average Yield (%) 7.3519 7.4496 7.2344 7.0649
Total Allotment Amount 500 1000 1000 1000

  TAMILNADU SGS 2033 TAMILNADU SGS 2035 TAMILNADU SGS 2055 TELANGANA SGS 2039
Notified Amount 1000 1000 1000 1500
Tenor 8 -Years 10 -Years 30 -Years 14 -Years
Competitive Bids Received        
(i) No. 37 51 28 76
(ii) Amount 3075 3675 3530 3678
Cut-off Yield (%) 7.18 7.20 7.52 7.49
Cut off Price (₹) 100 100 100 100
Competitive Bids Accepted        
(i) No. 18 12 2 35
(ii) Amount 969.423 920.973 959.425 1350
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 18.8460 77.4049 94.5246 85.6250
(ii) No. 2 6 2 6
Non - Competitive Bids Received        
(i) No. 7 10 6 16
(ii) Amount 30.577 79.027 40.575 160.013
Non-Competitive Price (₹) 100.19 100.01 100 100.28
Non-Competitive Bids Accepted        
(i) No. 7 10 6 16
(ii) Amount 30.577 79.027 40.575 150
Partial Allotment Percentage of Non-Competitive Bids        
Percentage       93.7424
Weighted Average Yield (%) 7.1482 7.1988 7.5200 7.4571
Total Allotment Amount 1000 1000 1000 1500

  TELANGANA SGS 2044 TELANGANA SGS 2046 TELANGANA SGS 2052 UTTAR PRADESH SGS 2036
Notified Amount 1500 1500 1500 1500
Tenor 19 -Years 21 -Years 27 -Years 11 -Years
Competitive Bids Received        
(i) No. 67 37 27 63
(ii) Amount 2535 3165 4475 4495
Cut-off Yield (%) 7.68 7.55 7.52 7.36
Cut off Price (₹) 100 100 100 100
Competitive Bids Accepted        
(i) No. 58 10 4 29
(ii) Amount 1350 1454.959 1429.620 1376.944
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 20 69.0736 92.6901 4.2610
(ii) No. 4 3 2 3
Non - Competitive Bids Received        
(i) No. 14 6 8 13
(ii) Amount 174.750 45.041 70.380 123.056
Non-Competitive Price (₹) 100.92 100.09 100 100.25
Non-Competitive Bids Accepted        
(i) No. 14 6 8 13
(ii) Amount 150 45.041 70.380 123.056
Partial Allotment Percentage of Non-Competitive Bids        
Percentage 85.8369      
Weighted Average Yield (%) 7.5873 7.5418 7.5198 7.3271
Total Allotment Amount 1500 1500 1500 1500

  UTTAR PRADESH SGS 2040 WEST BENGAL SGS 2037# WEST BENGAL SGS 2042 Total
Notified Amount 1500 2000 2000 31350
Tenor 15 -Years 12 -Years 17 -Years  
Competitive Bids Received        
(i) No. 115 55 117 1531
(ii) Amount 5786 2170 5620 91306.050
Cut-off Yield (%) 7.51 7.50 7.56 -
Cut off Price (₹) 100 100 100 -
Competitive Bids Accepted        
(i) No. 51 35 40 678
(ii) Amount 1350 775 1800 27546.084
Partial Allotment Percentage of Competitive Bids        
(i) Percentage 65.4795   7.8740 -
(ii) No. 9   8 -
Non - Competitive Bids Received        
(i) No. 20 17 18 289
(ii) Amount 201.066 190.019 328.722 2429.144
Non-Competitive Price (₹) 100.17 100.38 100.16 -
Non-Competitive Bids Accepted        
(i) No. 20 17 18 289
(ii) Amount 150 190.019 200 2178.909
Partial Allotment Percentage of Non-Competitive Bids        
Percentage 74.6024   60.8417 -
Weighted Average Yield (%) 7.4907 7.4514 7.5435 -
Total Allotment Amount 1500 965.019 2000 29724.993

*Bihar has accepted partial amount of ₹909.974 crore in the 10 -year security.
#West Bengal has accepted partial amount of ₹965.019 crore in the 12-year security.

Ajit Prasad          
Deputy General Manager
(Communications)    

Press Release: 2025-2026/1614

Archives