Tag: sgs
Posted in Economy
Despite heavy supply, debt cost slips marginally for states to 7.32 per cent
June 6, 2023 Leave a Comment on Despite heavy supply, debt cost slips marginally for states to 7.32 per cent
Despite larger than notified supplies, the average cost for the states that hit the market on Tuesday will be less in terms of coupons, which…
Posted in Economy
States may be allowed to settle off-budget borrowings by FY27
The Centre is considering relaxing the borrowing norm for states to give them one more year till FY27 to bring their ‘off-budget’ borrowing within the…
Posted in Economy
States borrow a record Rs 32,800 crore, cost jumps by 7 bps to 7.68 pc
February 28, 2023 Leave a Comment on States borrow a record Rs 32,800 crore, cost jumps by 7 bps to 7.68 pc
Despite near 60 per cent more supplies, the states continued to pay more for their market borrowing with the average bond pricing rising by 7…
Posted in Economy
States’ borrowing cost continues to rise despite 52 pc less supply
February 14, 2023 Leave a Comment on States’ borrowing cost continues to rise despite 52 pc less supply
The cost of market borrowings for states rose on Tuesday with the average pricing on their bonds rising by 5 basis points to 7.66 per…