Mumbai, May 19 -- State governments collectively raised Rs 20,100 crore through the latest auction of State Government Securities (SGS), with the entire notified amount being accepted by the Reserve Bank of India (RBI).

According to the RBI's "Result of Yield/Price Based Auction of State Government Securities" released on Tuesday, six states participated in the auction: Andhra Pradesh, Maharashtra, Punjab, Rajasthan, Tamil Nadu and Telangana.

Among all participating states, Andhra Pradesh emerged as the largest borrower by raising a total of Rs 4,600 crore across multiple maturities, including 8-year, 16-year and 30-year securities.

The state raised Rs 1,000 crore through re-issue of 7.63 per cent Andhra Pradesh SGS 2034 at a yield of ...