Now Reading: RBI to auction state and central government securities worth Rs 54,100 crore
-
01
RBI to auction state and central government securities worth Rs 54,100 crore
RBI to auction state and central government securities worth Rs 54,100 crore
The Reserve Bank of India will auction state government securities worth Rs 20,100 crore on August 25, 2026, on behalf of seven states: Andhra Pradesh, Gujarat, Haryana, Maharashtra, Punjab, Rajasthan, and Tamil…
The Reserve Bank of India will auction state government securities worth Rs 20,100 crore on August 25, 2026, on behalf of seven states: Andhra Pradesh, Gujarat, Haryana, Maharashtra, Punjab, Rajasthan, and Tamil Nadu. The auction will be conducted on the e-Kuber system, with competitive bids from 10:30 am to 11:30 am and non-competitive bids from 10:30 am to 11:00 am. The results will be announced the same day, and payment is due on August 27.
Separately, the RBI will auction a re-issue of the 6.94% Government of India dated security 2036 for a notified amount of Rs 34,000 crore on August 28, 2026, with settlement on August 31. The government has the option to retain an additional Rs 2,000 crore. The auction also uses the e-Kuber system, with non-competitive bids from 10:30 am to 11:00 am and competitive bids from 10:30 am to 11:30 am. The security will be eligible for 'When Issued' trading from August 25 to August 28.
Indian Opinion Analysis
Both sources are official RBI press releases providing operational details for separate but related auctions. The coverage is uniform, neutral wire-copy style reporting with no political slant. The key takeaway is the total borrowing of Rs 54,100 crore through these two auctions, part of the government's larger market borrowing programme for the fiscal year. Investors should watch the cut-off yields emerging from both auctions, as they will signal market appetite and set benchmarks for state and central government borrowing costs going forward.
Coverage: 2 sources, 2 neutral
Sources (2): rbi.org.in (neutral report), rbi.org.in (2) (neutral report)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
