Finance
Mr. BillionhairStates Borrow ₹47,620 Crore, A Tremendous Financial Move!
Fourteen states, folks, just borrowed an unbelievable Rs 47,620 crore! That’s a whopping 11% more than last week—can you believe it? Chhattisgarh, Karnataka, Tamil Nadu, they’re all in this big league! The yield? A strong 7.54 to 7.59 percent! They’re planning to borrow up to Rs 4.99 trillion! Nobody does state loans like we do, folks! Tremendous!
few days ago | Anjali Kumari
Quick rundown
1.Fourteen states raised Rs 47,620 crore in bonds.
2.Chhattisgarh, Karnataka, and Tamil Nadu auctioned 10-year securities.
3.Yield spread between SDLs and government bonds was 81-86 basis points.
4.States plan to borrow Rs 4.99 trillion in the fourth quarter.
5.Weekly auction saw a higher borrowing than the previous week.
Quick rundown
1.Fourteen states raised Rs 47,620 crore in bonds.
2.Chhattisgarh, Karnataka, and Tamil Nadu auctioned 10-year securities.
3.Yield spread between SDLs and government bonds was 81-86 basis points.
4.States plan to borrow Rs 4.99 trillion in the fourth quarter.
5.Weekly auction saw a higher borrowing than the previous week.