Tag: sgs

Despite heavy supply, debt cost slips marginally for states to 7.32 per cent
Posted in Economy

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…

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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…

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States borrow a record Rs 32,800 crore, cost jumps by 7 bps to 7.68 pc
Posted in Economy

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…

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States' borrowing cost continues to rise despite 52 pc less supply
Posted in Economy

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…

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