09-May-2025
Economy News
 
States' borrowing cost jumps 10 bps to reach 23-week high of 7.56%
04-Oct-2023

States' borrowing cost jumped 10 basis points to 7.56 per cent at the first weekly debt auction of the third quarter on Tuesday and is the highest in the the past 23 weeks. Fourteen states raised Rs 22,500 crore through the issuance of state government securities in line with the indicated amount for this weekly auction for the third quarter calendar.

News Source:- https://www.business-standard.com/economy/news/states-borrowing-cost-jumps-10-bps-to-reach-23-week-high-of-7-56-123100301084_1.html
 
 
 

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