https://www.taxtmi.com/news?id=20488 State Government borrowing has risen sharply as states finance larger budgets and deficits, increasing reliance on market borrowings and raising SDLs' share in outstanding government debt. This has hardened sovereign yields, widened SDL spreads over central securities, crowded out corporate bond issuance, reduced liquidity in the SDL secondary market, and revealed weak differentiation of borrowing costs across states. Measures include weekly SDL auctions, higher-frequency disclosure of state fiscal buffers and borrowings, incentives for CSF/GRF accruals and rated SDL collateral benefits, valuation at observed prices, and debt consolidation via reissues, buybacks and switches. en-us Sat, 01 Sep 2018 13:25:09 +0530 Wed, 11 Feb 2026 15:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20488 State Government borrowing has risen sharply as states finance larger budgets and deficits, increasing reliance on market borrowings and raising SDLs' share in outstanding government debt. This has hardened sovereign yields, widened SDL spreads over central securities, crowded out corporate bond issuance, reduced liquidity in the SDL secondary market, and revealed weak differentiation of borrowing costs across states. Measures include weekly SDL auctions, higher-frequency disclosure of state fiscal buffers and borrowings, incentives for CSF/GRF accruals and rated SDL collateral benefits, valuation at observed prices, and debt consolidation via reissues, buybacks and switches. News - Sat, 01 Sep 2018 13:25:09 +0530 https://www.taxtmi.com/news?id=20488