Finance (Ways and Means-II) Department - Press Release

Detailed Summary

The Tamil Nadu Government has announced that it will sell Government Securities worth a total of ₹3000 crore through auction: 7.50% Tamil Nadu Government Securities 2032 for ₹1000 crore, 7.73% Tamil Nadu Government Securities 2036 for ₹1000 crore, and 7.80% Tamil Nadu Government Securities 2041 for ₹1000 crore. This auction will be conducted by the Reserve Bank of India at its Mumbai Fort office on May 12, 2026. Competitive bids must be submitted between 10:30 AM and 11:30 AM, and non-competitive bids between 10:30 AM and 11:00 AM, through the Reserve Bank of India's Core Banking Solution (E-Kuber) System.

Key Announcements

1
The Tamil Nadu Government will re-issue Government Securities worth ₹3000 crore through auction.
2
7.50% Tamil Nadu Government Securities 2032 (₹1000 crore), 7.73% Tamil Nadu Government Securities 2036 (₹1000 crore), and 7.80% Tamil Nadu Government Securities 2041 (₹1000 crore) are to be re-issued.
3
The auction will be conducted by the Reserve Bank of India in Mumbai on May 12, 2026.
4
Competitive bids must be submitted between 10:30 AM and 11:30 AM.
5
Non-competitive bids must be submitted between 10:30 AM and 11:00 AM.
6
Bids must be submitted through the Reserve Bank of India's E-Kuber System.