Mumbai, June 11 -- India's state governments raised a substantial Rs 18,330 crore through the auction of State Government Securities (SGS) held on 10 June 2025, with strong investor interest reflected in steady yields and full allotments across maturities.

Andhra Pradesh was the biggest participant, tapping the market for Rs 7,000 crore across five tranches with tenors ranging from 8 to 15 years. Yields for the state varied from 6.65% to 7.08%.

Haryana raised Rs 1,000 crore with a 14-year bond at a cut-off yield of 7.03%, while Jammu & Kashmir secured Rs 505 crore at a lower 6.42% yield for a 6-year paper, signaling demand for shorter duration assets.

Mizoram raised Rs 125 crore via a 14-year bond priced at 7.08%, and Puducherry mobili...