Mumbai, June 19 -- Four Indian states raised a total of Rs 8,500 crore through the auction of state government securities (SGSs) held on Tuesday, with cut-off yields showing marginal variation across maturities.

Rajasthan garnered Rs 1,500 crore from two tranches, including Rs 500 crore via a 10-year bond at a yield of 6.68%, and Rs 1,000 crore through a re-issue of its 7.36% security maturing in 2037, priced at Rs 103.17, translating to a yield of 6.9641%.

Tamil Nadu raised Rs 1,000 crore with a 6-year bond at a cut-off yield of 6.42%.

Telangana tapped the market for Rs 4,000 crore via four separate tranches of Rs 1,000 crore each, all bearing a uniform yield of 7.09%, with tenors ranging from 33 to 36 years. This suggests the state i...