Maharashtra Raises Funds At Near Record Low Rates As Demand For State Bonds Rises
A person pushes a cart near the empty Gateway of India arch-monument in Mumbai during a lockdown. (Photographer: Dhiraj Singh/Bloomberg)

Maharashtra Raises Funds At Near Record Low Rates As Demand For State Bonds Rises

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The fundraising environment for state government bonds has turned sharply in a matter of a few months. While the first auction for state development bonds in April this year had seen rates surge du...