As many as 16 State Governments - Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Haryana, Karnataka, Kerala, Maharashtra, Nagaland, Punjab, Rajasthan, Sikkim, Tamil Nadu, Uttar Pradesh and West Bengal- are set to raise funds through a mix of fresh issuances and re-issues

The Reserve Bank of India bought 47 percent of the Centre’s bond issuances in FY26 through Open Market Operations, injecting liquidity to ease pressure from heavy government borrowing and keep bond yields stable