SDLs are bonds issued by state governments similar to how GOI G-secs are issued by the central govt. You can invest in SDLs on Kite.
Check out the Varsity note to learn more about G-Secs and SDLs.
Here’s the issuance calendar of SDLs by the respective state governments.
Proposed Date | Expected quantum of borrowing (in ₹ Cr) | States/UTs who have confirmed participation and the tentative amount of borrowing (in ₹ Cr) | |
---|---|---|---|
01-Jul-25 | 18,100 | Andhra Pradesh | 2000 |
(Tuesday) | Assam | 900 | |
Gujarat | 1,000 | ||
Himachal Pradesh | 1,200 | ||
Kerala | 2,000 | ||
Maharashtra | 6,000 | ||
Rajasthan | 500 | ||
Tamil Nadu | 2,000 | ||
Telangana | 1,500 | ||
West Bengal | 1,000 | ||
08-Jul-25 | 22,400 | Bihar | 2,000 |
(Tuesday) | Goa | 100 | |
Gujarat | 2,000 | ||
Haryana | 1,000 | ||
Jammu & Kashmir | 400 | ||
Kerala | 1,000 | ||
Madhya Pradesh | 4,800 | ||
Maharashtra | 4,000 | ||
Mizoram | 100 | ||
Odisha | 1,000 | ||
Punjab | 500 | ||
Rajasthan | 1,000 | ||
Tamil Nadu | 2,000 | ||
Uttar Pradesh | 2,500 | ||
15-Jul-25 | 17,400 | Bihar | 2,000 |
(Tuesday) | Chhattisgarh | 1,000 | |
Goa | 100 | ||
Jammu & Kashmir | 700 | ||
Maharashtra | 6,000 | ||
Nagaland | 300 | ||
Odisha | 1,000 | ||
Puducherry | 200 | ||
Punjab | 500 | ||
Tamil Nadu | 2,000 | ||
Telangana | 1,000 | ||
Tripura | 600 | ||
West Bengal | 2,000 | ||
22-Jul-25 | 18,500 | Bihar | 2,000 |
(Tuesday) | Goa | 100 | |
Haryana | 2,000 | ||
Maharashtra | 4,000 | ||
Manipur | 250 | ||
Meghalaya | 150 | ||
Odisha | 1,000 | ||
Punjab | 500 | ||
Tamil Nadu | 2,000 | ||
Telangana | 1,000 | ||
Uttar Pradesh | 2,500 | ||
West Bengal | 3,000 | ||
29-Jul-25 | 26,500 | Assam | 500 |
(Tuesday) | Chhattisgarh | 1,000 | |
Gujarat | 3,000 | ||
Haryana | 1,000 | ||
Kerala | 2,000 | ||
Madhya Pradesh | 4,000 | ||
Maharashtra | 4,000 | ||
Punjab | 500 | ||
Rajasthan | 4,000 | ||
Sikkim | 500 | ||
Tamil Nadu | 3,000 | ||
Telangana | 1,000 | ||
West Bengal | 2,000 | ||
05-Aug-25 | 26,717 | Andhra Pradesh | 5,500 |
(Tuesday) | Assam | 900 | |
Bihar | 2,000 | ||
Goa | 100 | ||
Haryana | 1,000 | ||
Himachal Pradesh | 800 | ||
Jammu & Kashmir | 317 | ||
Kerala | 2,000 | ||
Maharashtra | 4,000 | ||
Mizoram | 100 | ||
Odisha | 1,000 | ||
Punjab | 1,500 | ||
Rajasthan | 1,000 | ||
Tamil Nadu | 2,000 | ||
Uttarakhand | 500 | ||
Uttar Pradesh | 2,500 | ||
West Bengal | 1,500 | ||
12-Aug-25 | 14,700 | Bihar | 2,000 |
(Tuesday) | Kerala | 2,000 | |
Maharashtra | 5,000 | ||
Manipur | 200 | ||
Punjab | 1,000 | ||
Tamil Nadu | 2,000 | ||
Telangana | 1,500 | ||
West Bengal | 1,000 | ||
19-Aug-25 | 26,150 | Bihar | 2,000 |
(Tuesday) | Goa | 100 | |
Gujarat | 2,000 | ||
Haryana | 1,500 | ||
Kerala | 1,000 | ||
Madhya Pradesh | 4,800 | ||
Maharashtra | 4,000 | ||
Meghalaya | 450 | ||
Odisha | 1,000 | ||
Puducherry | 200 | ||
Punjab | 500 | ||
Tamil Nadu | 2,000 | ||
Telangana | 1,000 | ||
Tripura | 600 | ||
Uttarakhand | 500 | ||
Uttar Pradesh | 2,500 | ||
West Bengal | 2,000 | ||
26-Aug-25 | 20,850 | Assam | 450 |
(Tuesday) | Goa | 100 | |
Gujarat | 2,000 | ||
Haryana | 1,500 | ||
Jammu & Kashmir | 800 | ||
Kerala | 2,000 | ||
Maharashtra | 4,000 | ||
Rajasthan | 4,000 | ||
Tamil Nadu | 3,000 | ||
Telangana | 1,000 | ||
West Bengal | 2,000 | ||
02-Sep-25 | 21,400 | Andhra Pradesh | 4,000 |
(Tuesday) | Assam | 500 | |
Bihar | 2,000 | ||
Chhattisgarh | 1,500 | ||
Goa | 100 | ||
Gujarat | 2,000 | ||
Himachal Pradesh | 800 | ||
Kerala | 1,000 | ||
Maharashtra | 3,000 | ||
Punjab | 1,500 | ||
Rajasthan | 1,000 | ||
Tamil Nadu | 2,000 | ||
Uttarakhand | 500 | ||
West Bengal | 1,500 | ||
09-Sep-25 | 15,150 | Goa | 150 |
(Tuesday) | Haryana | 1,500 | |
Jammu & Kashmir | 700 | ||
Maharashtra | 4,000 | ||
Nagaland | 300 | ||
Odisha | 1,000 | ||
Punjab | 500 | ||
Tamil Nadu | 2,000 | ||
Telangana | 1,000 | ||
Uttar Pradesh | 2,500 | ||
West Bengal | 1,500 | ||
16-Sep-25 | 23,629 | Assam | 500 |
(Tuesday) | Bihar | 2,000 | |
Gujarat | 1,500 | ||
Haryana | 1,000 | ||
Madhya Pradesh | 4,800 | ||
Maharashtra | 3,000 | ||
Meghalaya | 100 | ||
Mizoram | 150 | ||
Rajasthan | 1,500 | ||
Tamil Nadu | 2,000 | ||
Telangana | 1,000 | ||
Tripura | 579 | ||
Uttarakhand | 500 | ||
Uttar Pradesh | 2,000 | ||
West Bengal | 3,000 | ||
23-Sep-25 | 20,100 | Assam | 500 |
(Tuesday) | Goa | 100 | |
Haryana | 1,500 | ||
Kerala | 1,000 | ||
Maharashtra | 4,000 | ||
Odisha | 1,000 | ||
Punjab | 500 | ||
Sikkim | 500 | ||
Tamil Nadu | 4,000 | ||
Telangana | 1,000 | ||
Uttar Pradesh | 2,500 | ||
West Bengal | 3,500 | ||
30-Sep-25 | 15,100 | Assam | 500 |
(Tuesday) | Goa | 100 | |
Gujarat | 2,000 | ||
Haryana | 1,000 | ||
Kerala | 1,000 | ||
Maharashtra | 4,000 | ||
Punjab | 1,000 | ||
Rajasthan | 4,000 | ||
Telangana | 1,000 | ||
Uttarakhand | 500 | ||
Total | 2,86,696 |