Mumbai, Dec. 23 -- State governments raised Rs 33,720 crore in the latest yield- and price-based auction of State Development Loans held on 23 December 2025, data released by the Reserve Bank of India showed.

The total acceptance exceeded the notified amount of Rs 33,220 crore, aided by additional absorption in select maturities. Most states saw full acceptance of their notified amounts across a wide range of tenors, reflecting steady demand for state government securities.

Bihar raised Rs 1,500 crore through an 8-year bond at a cut-off yield of 7.65%. Gujarat raised Rs 3,000 crore across 5- and 6-year maturities, with yields of 7.07% and 7.16%, respectively. The state also accepted an additional Rs 500 crore in the 6-year security.

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