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RBI State Bond Auction: Partial Assam Uptake, Gujarat Re-issues Unaccepted

RBI's auction of state government securities saw full acceptance for Bihar and Chhattisgarh, but Assam's ₹1,000 crore offer drew only ₹606.7 crore, and Gujarat's re-issues received no bids. The mixed uptake signals selective investor demand amid prevailing yield levels, with cut-off yields ranging 8.15–8.28%.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works

Reserve Bank of India — Press Releasesabout 16 hours agoINengCredibility 10%View source

Score Breakdown

Mosaic Score2.0
Model confidence0.9
Significance0.1
Source credibility0.1

Intelligence Tags

#state-government-securities#auction#rbi#india#bond-market

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