New Delhi, April 4 -- The Reserve Bank of India (RBI) has announced that multiple state governments will raise a total of Rs 18,159 crore through the auction of State Government Securities (SGS), scheduled to be conducted on April 7, 2026.

According to the Central Bank release, the securities will be issued through an auction conducted on the RBI's Core Banking Solution platform, E-Kuber. The auction will include borrowings by several states, with varying tenors and structures, including both fresh issuances and re-issues of existing securities.

Among the participating states, Andhra Pradesh plans to raise Rs 2,200 crore through two securities with tenors of 12 and 25 years. Himachal Pradesh will raise Rs 900 crore with a 10-year tenor,...