Nine States Offer ₹21,600 Crore in Securities via RBI Auction on June 16
Nine state governments and union territories, including Maharashtra and Rajasthan, will raise an aggregate of ₹21,600 crore through a securities auction on June 16, 2026. Conducted via the RBI’s E-Kuber system, the sale includes both new yields and re-issuances. Retail investors can participate through the RBI Retail Direct portal.
These securities qualify for the Statutory Liquidity Ratio (SLR) under Section 24 of the Banking Regulation Act, 1949. Competitive bidding is scheduled between 10:30 A.M. and 11:30 A.M., with non-competitive bids closing at 11:00 A.M. Successful bidders must complete payments by June 17. For re-issued stocks, interest rates remain fixed at their original issuance levels, ensuring consistency in the secondary debt market.
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