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RBI raises Rs 14,900 cr via state securities; Bihar tops with Rs 6,000 cr
The Business Guardian
|September 10, 2025
The Reserve Bank of India (RBI) on Tuesday announced the results of its latest yield and price-based auction of state government securities, through which six states successfully raised funds aggregating Rs 14,900 crore.
According to the central bank's press release, a total of Rs 15,300 crore was on offer across multiple tenors, but the final amount accepted stood at Rs 14,900 crore as Nagaland opted not to accept bids for its 10-year security.
Bihar emerged as one of the largest participants in the auction, mobilising Rs 6,000 crore across three tranches.
The state raised Rs 2,000 crore each through securities with tenors of five, nine, and eleven years.
The cut-off yields for these borrowings were set at 7.02 per cent, 7.45 per cent, and 7.52 per cent respectively.
This story is from the September 10, 2025 edition of The Business Guardian.
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