In the previous week, states borrowed Rs 29,083 crore at state bond auctions.
So far in the current quarter (Q2FY26), states have borrowed Rs 2.22 trillion against the indicative amount of Rs 2.87 trillion.
States raised funds through both long-term and short-term bonds.
Yields on longer-tenure bonds fell sharply. The yield on 20-year bonds dropped by 27 basis points to 7.51 per cent from 7.78 per cent last week.
The 11-year yield also eased, falling to a range of 7.48–7.52 per cent, compared to 7.62 per cent earlier.
Short-term bonds too saw easing yield pressures. The 5-year bond yield dropped to 7.02 per cent, compared to 7.24 per cent on a 6-year bond last week. Similarly, the 8-year yield declined from 7.54–7.48 per cent last week to 7.18 per cent.