Mumbai, Oct. 27 -- State governments collectively raised Rs 18,963.35 crore through the auction of State Government Securities (SGS) on Tuesday against the notified amount of Rs 23,300 crore. Assam and Nagaland accepted partial bids, while Gujarat, Jharkhand, Keralam and Sikkim did not accept any amount in specified securities.

Assam accepted Rs 606.73 crore against the notified Rs 1,000 crore through a fresh nine-year security at a cut-off yield of 8.15%.

Bihar raised Rs 3,000 crore through two securities. The state mobilised Rs 1,000 crore through a fresh nine-year security at a yield of 8.18%. It also raised Rs 2,000 crore through the re-issue of 7.66% Bihar SGS 2041, originally issued on 22 July 2026, at a price of Rs 94.75 and a cu...