Mumbai, Sept. 23 -- The Reserve Bank of India (RBI) on Tuesday said that 11 states mobilised Rs 25,000 crore through the auction of state government securities (SGS) held on September 23, 2025. The notified amount was Rs 27,000 crore, of which Rs 2,000 crore was not accepted by Maharashtra in two re-issues.

Bihar raised Rs 4,000 crore through two long-tenor issuances of 20 and 25 years, both at a yield of 7.45%. Chhattisgarh borrowed Rs 500 crore via a re-issue of its 7.00% bond due 2029, priced at 101.14 to yield 6.67%. Gujarat tapped the market for Rs 1,500 crore at a 7.07% yield on a seven-year security.

Kerala secured Rs 1,000 crore at 7.44% for 25 years, while Madhya Pradesh raised Rs 3,000 crore through 18- and 21-year securities ...