April 9, 2013 / 9:18 AM / in 5 years

Indian cbank-Six states raise 27.13 bln rupees via loans

MUMBAI, April 9 (Reuters) - Six Indian states raised 27.13 billion rupees
via state development loans, in line with target, the Reserve Bank of India said
in a statement on Tuesday.
    See table for the cut-off yeilds.

 State       Notified    Amount          Tenor      Cut-off    Weighted
             Amount      Accepted       (Years)      Yield      Average
             (billion)   (billion)                 (Percent)     Yield
                                                               (percent)
 Haryana        6.63         6.63          10        8.49       8.4896
 Himachal       2.50         2.50          04        8.31       8.2964
 Pradesh                                                      
 Meghalaya      1.00         1.00          10        8.50       8.5000
 Mizoram        0.80         0.80          10        8.50       8.5000
 Nagaland       1.20         1.20          10        8.50       8.5000
 Punjab        15.00        15.00          10        8.51       8.4953
   Total       27.13        27.13                                  
 
 (Reporting by Shamik Paul ; Editing by Sunil Nair)

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