Auction of State Government Securities: ₹24,400 Crore Raised
Auctions for state government securities totaling ₹24,400 crore conducted for Andhra Pradesh, Chhattisgarh, and Rajasthan via price-based and yield-based methods.
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Auctions for state government securities totaling ₹24,400 crore conducted for Andhra Pradesh, Chhattisgarh, and Rajasthan via price-based and yield-based methods.
The Reserve Bank of India has scheduled auctions for 91-day, 182-day, and 364-day Treasury Bills totaling ₹24,000 crore. Auctions will occur on October 21, 2026, with settlement on October 22, 2026.
The Reserve Bank of India has notified that the premature redemption date for Sovereign Gold Bond (SGB) 2020-21 Series VII is October 19, 2026, due to October 20 being a holiday. Redemption is permitted after the fifth year, on interest payment dates, as per government notification.
The RBI revised provisions on deferment of option premium under the Commercial Banks – Miscellaneous Directions, 2025, aligning with updated forthcoming instructions and market practices.
On October 15, 2026, the RBI conducted a 1-day Variable Rate Reverse Repo (VRRR) auction with a notified amount of ₹50,000 crore. The total accepted amount was ₹9,562 crore at a uniform cut-off and weighted average rate of 5.49%, indicating selective liquidity absorption.
The Government of India announces a switch of ₹20,000 crore in government securities on October 19, 2026, involving conversion of 8.26% GS 2027 into longer-term bonds.
The Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction on October 15, 2026, accepting ₹9,562 crore out of a notified ₹50,000 crore. The cut-off and weighted average rate stood at 5.49%.
On October 13, 2026, the RBI conducted an Open Market Operation (OMO) sale auction, successfully raising ₹25,000 crore by selling government securities across maturities from 2030 to 2034, with cut-off yields ranging from 7.1428% to 7.3755%.
On October 14, 2026, the Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction, accepting ₹25,533 crore out of a notified amount of ₹50,000 crore at a uniform cut-off rate of 5.49%.
On October 12, 2026, the RBI conducted a 3-day Variable Rate Reverse Repo auction with a notified amount of ₹2 lakh crore. It accepted ₹37,558 crore at a cut-off rate of 5.49%, reflecting measured liquidity absorption in the system.
The Government of India, in collaboration with the RBI, reissued ₹34,000 crore of the 6.94% GS 2036 bond. The auction was held on October 13, 2026, with settlement on October 14, 2026. The move aims to meet government borrowing requirements and deepen the G-Sec market.
The Reserve Bank of India conducted an overnight Variable Rate Reverse Repo (VRRR) auction on October 13, 2026, accepting ₹71,580 crore at a uniform cut-off rate of 5.49%. The notified amount was ₹1.5 lakh crore, with partial demand met due to surplus liquidity conditions.