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Finance2026-05-08

Government of Tamil Nadu announces Re-issue of State Government Stocks worth Rs. 3000 Crore

The Government of Tamil Nadu has announced the re-issue of 7.50% TNSGS 2032, 7.73% TNSGS 2036, and 7.80% TNSGS 2041 for a total of Rs. 3000 crore through an auction by the Reserve Bank of India on May 12, 2026.

DepartmentFinance (Ways and Means-II) Department
DistrictsMumbai +1

Detailed Summary

The Government of Tamil Nadu will re-issue 7.50% TNSGS 2032 for Rs. 1000 Crores, 7.73% TNSGS 2036 for Rs. 1000 Crores, and 7.80% TNSGS 2041 for Rs. 1000 Crores, totaling Rs. 3000 crore. These State Government Stocks will be offered to the public by auction. The auction will be conducted by the Reserve Bank of India at its Mumbai Office, Fort, Mumbai, on May 12, 2026. Competitive bids can be submitted electronically between 10.30 A.M. and 11.30 A.M., and non-competitive bids between 10.30 A.M. and 11.00 A.M. via the Reserve Bank of India Core Banking Solution (E-Kuber) System on May 12, 2026.

Key Announcements

  • 1
    Re-issue of 7.50% TNSGS 2032 for Rs. 1000 Crores.
  • 2
    Re-issue of 7.73% TNSGS 2036 for Rs. 1000 Crores.
  • 3
    Re-issue of 7.80% TNSGS 2041 for Rs. 1000 Crores.
  • 4
    Total aggregate amount of Rs. 3000 crore to be raised through auction.
  • 5
    Auction to be conducted by Reserve Bank of India on May 12, 2026.
  • 6
    Bids to be submitted electronically via RBI's E-Kuber System.

Tags

#Tamil Nadu Government#State Government Stock#TNSGS#Public Debt#Auction#Reserve Bank of India#Finance Department#E-Kuber
Government of Tamil Nadu announces Re-issue of State Government Stocks worth Rs. 3000 Crore | TN DIPR