State governments likely to raise ₹13.4-14 lakh crore in FY27, up 5-9% y-o-y: ICRA

Wait 5 sec.

The report noted that after accounting for redemptions of ₹4.2 trillion in FY2027, the net State Government Securities (SGS) issuance is estimated to be in the range of ₹9.2-9.7 trillion