Mumbai, Nov. 3 -- State governments collectively raised Rs 27,805.61 crore through the auction of State Government Securities (SGS) on Tuesday against the notified amount of Rs 29,900 crore. Gujarat and Punjab accepted additional amounts of Rs 500 crore each over their notified borrowings, while Maharashtra did not accept bids for one of its re-issued securities. West Bengal accepted partial amounts in two securities.

Andhra Pradesh raised Rs 3,000 crore through two re-issued securities. The state mobilised Rs 1,000 crore through the re-issue of 7.46% Andhra Pradesh SGS 2035, originally issued on 12 August 2026, at a price of Rs 96.57 and a cut-off yield of 8.0089%. It also raised Rs 2,000 crore through the re-issue of 7.81% Andhra Prade...