MUMBAI, India, May 9 -- Reserve Bank of India issued the following press release:

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹11,500 Crore (Face Value).

Sr. No. State Amount to be raised

(₹ Crore) Tenure

(Year) Type of Auction 1. Assam 500 15 Yield 2. Gujarat 1000 09 Yield 1000 10 Yield 3. Haryana 1000 14 Yield 4. Manipur 500 15 Yield 5. Punjab 3000 20 Yield 6. Tamil Nadu 1000 10 Yield 1000 15 Yield 7. Telangana 800 21 Yield 800 22 Yield 900 25 Yield Total 11500

The auction will be conducted on the Reserve Bank of India Core Banking Solution (E-Kuber) system on May 13, 2025 (Tuesday). The Government Stock up to Ten per cent of the notified amount of the sale...