Mumbai, April 7 -- States raised a total of Rs 18,159 crore in the State Government Securities (SDL) auction held on 7 April 2026, with demand remaining firm across tenors, particularly in longer-duration bonds.

The auction saw participation from Andhra Pradesh, Himachal Pradesh, Maharashtra, Meghalaya, Punjab, Rajasthan and Telangana, with maturities ranging from five years to 30 years.

Andhra Pradesh raised Rs 4,400 crore across two securities, including a 12-year bond at a yield of 7.96% and a 25-year bond at 8.07%.

Himachal Pradesh raised Rs 900 crore through a 10-year bond at a cut-off yield of 7.81%.

Maharashtra raised Rs 3,600 crore across three securities, including a 5-year bond at 7.35%, a 13-year bond at 7.91% and a 23-year...