State Government Finance

Weighted average SGS cut-off rose by 6 bps to 7.80% despite continued lower-than-indicated issuance

Thematic Report 05 May 2026

Five state governments raised Rs. 186 billion through SGS on May 5, 2026, 27.9% below the Rs. 258 billion initially indicated for this week, on account of non participation by Goa, Gujarat, Haryana, Himachal Pradesh, Mizoram, Punjab and West Bengal. 

On a YoY basis, the issuance on May 5, 2026 was 18% lower than the Rs. 228 billion raised in the same week last year.


Download Summary Subscribe to Full Report
Ask Our Industry Analyst Get in touch with our Business Representative
Please enter your name
Please enter your mobile number
Please enter your email id
Please enter your company name
Name should not be greater than 50 characters
Please choose sector
Please enter your query
Query to have atleast ten characters
Query should not be greater than 1,000 characters
Please verify you are not a Robot.