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RBI to auction 14500 crore state bonds on April 28 with multiple states in play

Economy
Published on 27 April 2026
RBI to auction 14500 crore state bonds on April 28 with multiple states in play

SLR eligible and open to retail buyers

The Reserve Bank of India will auction ₹14,500 crore in State Government Securities on April 28, 2026. States including Uttar Pradesh and Madhya Pradesh are expected to sell bonds across tenors of 3 to 23 years through the E-Kuber platform. The securities qualify for SLR and are open to retail investors, widening participation beyond institutions.

  • RBI auction: ₹14,500 crore SGS on April 28, 2026
  • Multiple states including UP and Madhya Pradesh to issue
  • Tenors range from 3 to 23 years via E-Kuber
  • Bonds qualify for SLR and are open to retail investors
Read the full story at Republic

This summarization was done by Beige for a story published on RepublicRepublic

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