23-April-2024
Economy News
 
Debt cost begins to pinch states again with 9 bps spike in last auction
28-Sep-2022

After falling for six weeks on the trot, the cost of borrowings for the states rose for the second week with the latest auction on Tuesday, when their average cost of debt rose by 9 bps to 7.65 per cent. At the last auction, the average cut-off rose by 10 bps to 7.56 per cent, which was the first spike in the past six weeks.

News Source:- https://www.financialexpress.com/economy/debt-cost-begins-to-pinch-states-again-with-9-bps-spike-in-last-auction/2693032/
 
 
 

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