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<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\nMUMBAI: Six states raised a total of Rs 20,100 crore in the latest state development loan auction conducted by RBI<\/a> on Tuesday, with weighted average yields ranging between 7.6% and 7.9% across tenures of 6 to 30 years. The results are in line with the rise in yields on central govt bonds where 10-year bond yields have risen to 7.1%. The auction saw bonds with remaining maturities spanning from 6 years, maturing in 2032, to 30 years, maturing in 2056, reflecting a wide spread of borrowing durations by states. Maharashtra emerged as the largest borrower, raising Rs 4,000 crore across three tenures, although Rajasthan<\/a> also matched the same aggregate borrowing amount across multiple tenures. Maharashtra raised Rs 800 crore at a weighted average yield of 7.8% for an eight-year bond maturing in 2034, Rs 1,600 crore at 7.9% for an 18-year bond maturing in 2044, and Rs 1,600 crore at 7.9% for a 28-year bond maturing in 2054. <\/div>\n<\/div>\n