# States raise Rs 15,300 crore via bond auctions on August 11 2026-08-12T06:12:46+00:00 | Governance | Indian Opinion Desk Corroboration: 2 independent outlets The Reserve Bank of India conducted an auction of State Government Securities on August 11, raising a total of Rs 15,300 crore across seven states. Andhra Pradesh, Gujarat, Maharashtra, Meghalaya, Punjab, and Rajasthan all successfully met their notified amounts. The weighted average cut-off yields ranged from 7.35% for a Gujarat 2035 bond to 7.65% for a 17-year Punjab security. Separately, the Government of India announced a conversion or switch auction for August 17, involving up to Rs 30,000 crore in face value. The operation will allow holders of nine specified source securities, maturing between 2027 and 2030, to exchange them for longer-dated destination securities, such as the 7.19% GS 2060 bond. Bids must be submitted on the RBI's e-Kuber platform. ## Coverage - rbi.org.in - rbi.org.in - rbi.org.in Tags: bond auction, government borrowing, RBI, state government securities, yields Canonical: https://indianopinion.org/states-raise-rs-15300-crore-via-bond-auction-full-subscription/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/states-raise-rs-15300-crore-via-bond-auction-full-subscription/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.