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Seven States Raise Total of Rs 13,300 Crore via Auction of Government Securities
The Business Guardian
|July 10, 2025
Seven major Indian states raised a total of Rs 13,300 crore in the latest round of auction of State Government Securities (SGS), according to the data released by the Reserve Bank of India (RBI).
All participating states accepted the full amount they had notified for the auction.
Madhya Pradesh led the fundraising drive, mobilizing Rs 4,800 crore through two securities. The state offered the highest yields in the auction, 7.14 per cent on a 16-year security and 7.15 per cent on an 18-year security.
Following Madhya Pradesh, Maharashtra raised a substantial amount of Rs 4,000 crore. The state floated two securities with 20-year and 21-year tenors, both offering a yield of 7.14 per cent.
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