Mumbai, Nov. 11 -- Nine state governments collectively raised Rs 15,560 crore through a yield and price-based auction of State Government Securities (SGS) conducted on 11 November 2025, according to data released by the Reserve Bank of India (RBI).

Among the major issuers, Madhya Pradesh raised Rs 4,000 crore through three tranches with yields around 7.45-7.46% for maturities ranging between 16 and 19 years. Bihar mobilized Rs 1,500 crore through a 15-year bond at a yield of 7.44%, while Jammu and Kashmir garnered Rs 450 crore via a 20-year security at 7.46%.

Maharashtra raised Rs 2,000 crore through two issuances - an 8-year bond at 7.07% and a 12-year bond at 7.25%. Tamil Nadu accepted Rs 2,000 crore, including a 7-year bond at 7.01% ...