State development loans fall in Oct as yields remain high
Mint Ahmedabad
|October 31, 2025
The lack of substantial relief in yields coincided with a dip in state bond supply in October
The 10-year state development loan yield is currently around 7.20%, weighed down by an oversupply of state bonds in recent months.
(BLOOMBERG)
State governments, which increased their market borrowings in the first half of FY26 to finance infrastructure projects and sustain growth, had a weak appetite for state development loans (SDLs) amid no substantial change in yield levels during October.
The latest data from the Reserve Bank of India (RBI) showed SDL issuances slumped 52.88% to %57,010 crore in October from ₹1.21 trillion in September, the highest monthly borrowing this fiscal. In October 2024, states had raised ₹64,842 crore.
यह कहानी Mint Ahmedabad के October 31, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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