Mumbai, June 9 -- State governments and Union Territories collectively raised Rs 14,800 crore through an auction of State Government Securities (SGS) conducted by the Reserve Bank of India (RBI), according to an official statement released by the central bank.

According to the auction results announced on June 9, the entire notified amount of Rs 14,800 crore was accepted by the RBI on behalf of participating states and Union Territories.

Bihar raised Rs 1,600 crore through the re-issue of its 7.92 per cent SGS 2051 security, with a cut-off price of Rs 101.20 and a yield of 7.8084 per cent.

Chhattisgarh raised a total of Rs 1,000 crore through two securities. The state raised Rs 500 crore through the re-issue of its 7.37 per cent SGS 20...