FanzizFanziz
HomeFinanceCricketSoccerEntertainmentEsports
Menu
HomeFinanceCricketSoccerEntertainmentEsportsWWETennisHealth

Language

AllQuick ReadsFanzShots

States Borrow ₹47,620 Crore, A Tremendous Financial Move!

States 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!

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.

Related articles

  • RBI's Liquid Paper Strategy: A Tremendous Game Changer!
  • Bond Yields Ka Dhamaka: Rate Cut Cycle Khatam, OMO Gaya Kahan?
  • Bond Yields Skyrocket as RBI Keeps Rates Steady, Huge Win!
  • Lenders Challenge RBI to Unleash Cash Flow Power!
  • RBI's FX Swap Auction is a Massive Success: 2.5x Bids!

Series

  • Indian Premier League
  • Pakistan Super League
  • South Africa Women tour of New Zealand
  • County Championship Division Two