Mumbai, Sept. 2 -- State governments mobilised Rs 29,082.56 crore through the latest yield and price-based auction of securities, lower than the notified amount of Rs 31,650 crore, as some re-issues and longer-tenor papers saw muted response.

Andhra Pradesh fully raised Rs 5,000 crore across maturities of 8 to 12 years at cut-off yields ranging from 7.48% to 7.63%. Assam garnered Rs 800 crore at 7.63% for a 10-year tenor, while Bihar picked up Rs 4,000 crore through 6-year and 8-year bonds at 7.24% and 7.54% respectively.

Gujarat raised Rs 1,500 crore at 7.01% for six years, whereas Kerala tapped Rs 4,000 crore at the longer end, locking in 20-year paper at 7.78% and 35-year paper at 7.74%.

Maharashtra mobilised Rs 1,500 crore through ...