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state government securities
States borrow a record Rs 32,800 crore, cost jumps by 7 bps to 7.68%
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States bond prices down by 7 bps to 7.61% despite sharp spike in supply
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States’ average borrowing cost continues to remain almost flat at 7.68%
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Market borrowing cost for states remains elevated at 7.83%, says Icra
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Average cut-off yield spikes by 12 bps to 7.84% at state bond action
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