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Punjab - Highest SDL Rates
July 26 , 2023
359 days
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- Reserve Bank of India (RBI) announced the next auction of Treasury bills and state development loans (SDLs).
- The yield for T-bills of three-month, six-month, and 364-day maturities at 6.71 per cent, 6.83 per cent, and 6.86 per cent, respectively.
- This time, 11 states will participate in the auction including Punjab and Tamil Nadu.
- Punjab is offering the highest interest rates at 7.41 per cent for SDLs maturing on July 5, 2034.
- It is followed by Rajasthan and West Bengal at 7.40 per cent each.
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