Finance Department Announces Rs 3,000 Crore Tamil Nadu State Development Loan Auction

The Finance (Ways and Means-II) Department announced that the Tamil Nadu Government will raise a total of Rs 3,000 crore through the re-issue of 7.50% Tamil Nadu SDL 2032 (Rs 1,000 crore), 7.73% Tamil Nadu SDL 2036 (Rs 1,000 crore) and 7.80% Tamil Nadu SDL 2041 (Rs 1,000 crore), to be auctioned by the RBI at its Mumbai office on 12 May 2026. Competitive bids must be submitted electronically via RBI's E-Kuber system between 10:30-11:30 am, and non-competitive bids between 10:30-11:00 am, on the same day.

Linked Person

Marie Wilson DR. N.

Minister for Finance, Planning and Development

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linkDirectorate of Information and Public Relations (DIPR), Chennai

Press Release Content

Finance (Ways and Means-II) Department
PRESS RELEASE

Government of Tamil Nadu has announced the sale of Re-issue of 7.50% TNSGS 2032 for Rs. 1000 Crores, Re-issue of 7.73% TNSGS 2036 for Rs. 1000 Crores and Re-issue of 7.80% TNSGS 2041 for Rs. 1000 Crores in the form of Stock to the Public by auction for an aggregate amount of Rs.3000 crore. The auction will be conducted by the Reserve Bank of India at its Mumbai Office, Fort, Mumbai, on May 12, 2026. Competitive bids between 10.30 A.M. and 11.30 A.M. and non-competitive bids between 10.30 A.M. and 11.00 A.M. shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) System on May 12, 2026.

Additional Chief Secretary to Government,
Finance Department.

Issued By: Director, Directorate of Information and Public Relations, Chennai-9

Issued By: Directorate of Information and Public Relations (DIPR), Chennai