Mumbai, July 8 -- A total of Rs 13,300 crore was raised by seven states through the latest round of yield-based auctions of state government securities (State Development Loans), held on 8 July 2025.

Bihar secured Rs 2,000 crore at the lowest yield of 6.88% for a 10-year tenor, the lowest yield in this auction cycle.

Madhya Pradesh secured the highest individual amount by raising a total of Rs 4,800 crore across two separate issues: Rs 2,500 crore for a 16-year tenor at a cut-off yield of 7.14%, and another Rs 2,300 crore for an 18-year tenor at 7.15%.

Maharashtra raised Rs 4,000 crore across two tranches of 20 and 21 years, both at a cut-off yield of 7.14%.

Jammu & Kashmir and Mizoram raised Rs 400 crore and Rs 100 crore respectively...