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) | |
|---|---|---|---|
| January 07,2025 | 37,000 | Andhra Pradesh | 3,000 |
| Assam | 900 | ||
| Bihar | 2,000 | ||
| Goa | 100 | ||
| Gujarat | 3,000 | ||
| Haryana | 1,000 | ||
| Himachal Pradesh | 1,000 | ||
| Karnataka | 4,000 | ||
| Kerala | 2,000 | ||
| Maharashtra | 4,000 | ||
| Punjab | 2,000 | ||
| Rajasthan | 1,000 | ||
| Tamil Nadu | 2,000 | ||
| Telangana | 3,000 | ||
| Uttarakhand | 500 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 4,500 | ||
| January 14,2025 | 24,719 | Bihar | 2,000 |
| Haryana | 1,000 | ||
| Jammu and Kashmir | 300 | ||
| Jharkhand | 1,000 | ||
| Karnataka | 4,000 | ||
| Maharashtra | 5,000 | ||
| Mizoram | 119 | ||
| Punjab | 500 | ||
| Tamil Nadu | 1,000 | ||
| Telangana | 2,000 | ||
| Tripura | 300 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 4,500 | ||
| January 21,2025 | 36,750 | Assam | 500 |
| Bihar | 2,000 | ||
| Goa | 100 | ||
| Haryana | 1,000 | ||
| Jharkhand | 1,000 | ||
| Karnataka | 4,000 | ||
| Kerala | 1,000 | ||
| Madhya Pradesh | 7,500 | ||
| Maharashtra | 5,000 | ||
| Nagaland | 300 | ||
| Odisha | 1,000 | ||
| Puducherry | 350 | ||
| Rajasthan | 1,000 | ||
| Tamil Nadu | 1,000 | ||
| Telangana | 2,500 | ||
| Uttarakhand | 1,000 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 4,500 | ||
| January 28,2025 | 48,588 | Andhra Pradesh | 1,000 |
| Bihar | 2,000 | ||
| Chhattisgarh | 1,000 | ||
| Goa | 100 | ||
| Gujarat | 2,000 | ||
| Haryana | 2,000 | ||
| Jharkhand | 1,000 | ||
| Karnataka | 4,000 | ||
| Kerala | 1,000 | ||
| Madhya Pradesh | 7,500 | ||
| Maharashtra | 4,000 | ||
| Punjab | 500 | ||
| Rajasthan | 5,000 | ||
| Sikkim | 488 | ||
| Tamil Nadu | 6,000 | ||
| Telangana | 2,500 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 5,500 | ||
| February 04,2025 | 37,900 | Andhra Pradesh | 2,000 |
| Assam | 900 | ||
| Bihar | 2,000 | ||
| Chhattisgarh | 1,000 | ||
| Gujarat | 2,000 | ||
| Haryana | 1,000 | ||
| Himachal Pradesh | 500 | ||
| Karnataka | 4,000 | ||
| Kerala | 2,000 | ||
| Maharashtra | 5,000 | ||
| Punjab | 2,000 | ||
| Rajasthan | 1,000 | ||
| Tamil Nadu | 3,000 | ||
| Telangana | 3,000 | ||
| Uttarakhand | 500 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 5,000 | ||
| February 11,2025 | 29,619 | Bihar | 2,000 |
| Haryana | 1,500 | ||
| Jammu and Kashmir | 200 | ||
| Jharkhand | 1,000 | ||
| Karnataka | 4,000 | ||
| Kerala | 1,000 | ||
| Maharashtra | 4,000 | ||
| Mizoram | 119 | ||
| Odisha | 1,000 | ||
| Punjab | 500 | ||
| Rajasthan | 1,000 | ||
| Tamil Nadu | 3,000 | ||
| Telangana | 2,000 | ||
| Tripura | 300 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 5,000 | ||
| February 18,2025 | 34,159 | Assam | 900 |
| Bihar | 2,000 | ||
| Goa | 100 | ||
| Gujarat | 2,000 | ||
| Haryana | 1,000 | ||
| Jammu and Kashmir | 200 | ||
| Jharkhand | 1,000 | ||
| Karnataka | 4,000 | ||
| Madhya Pradesh | 7,500 | ||
| Manipur | 200 | ||
| Meghalaya | 193 | ||
| Nagaland | 400 | ||
| Puducherry | 166 | ||
| Punjab | 500 | ||
| Tamil Nadu | 3,000 | ||
| Telangana | 2,500 | ||
| Uttarakhand | 500 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 5,000 | ||
| February 25,2025 | 49,907 | Andhra Pradesh | 1,000 |
| Bihar | 1,546 | ||
| Chhattisgarh | 1,000 | ||
| Goa | 100 | ||
| Gujarat | 1,000 | ||
| Haryana | 1,000 | ||
| Jharkhand | 1,000 | ||
| Karnataka | 4,000 | ||
| Kerala | 2,000 | ||
| Madhya Pradesh | 7,500 | ||
| Maharashtra | 5,000 | ||
| Odisha | 2,000 | ||
| Punjab | 500 | ||
| Rajasthan | 5,000 | ||
| Sikkim | 761 | ||
| Tamil Nadu | 6,000 | ||
| Telangana | 2,500 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 5,000 | ||
| March 04,2025 | 40,350 | Andhra Pradesh | 2,000 |
| Assam | 900 | ||
| Chhattisgarh | 1,000 | ||
| Goa | 100 | ||
| Gujarat | 2,000 | ||
| Haryana | 2,000 | ||
| Himachal Pradesh | 500 | ||
| Jammu and Kashmir | 350 | ||
| Jharkhand | 1,000 | ||
| Karnataka | 4,000 | ||
| Kerala | 3,000 | ||
| Maharashtra | 4,000 | ||
| Odisha | 1,500 | ||
| Punjab | 2,000 | ||
| Rajasthan | 1,000 | ||
| Tamil Nadu | 4,000 | ||
| Telangana | 3,000 | ||
| Uttarakhand | 500 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 4,500 | ||
| March 11,2025 | 38,626 | Arunachal Pradesh | 215 |
| Assam | 900 | ||
| Chhattisgarh | 1,000 | ||
| Goa | 100 | ||
| Gujarat | 2,000 | ||
| Haryana | 2,000 | ||
| Jammu and Kashmir | 300 | ||
| Jharkhand | 1,000 | ||
| Karnataka | 4,000 | ||
| Kerala | 1,000 | ||
| Maharashtra | 5,000 | ||
| Odisha | 1,500 | ||
| Puducherry | 200 | ||
| Punjab | 500 | ||
| Rajasthan | 2,500 | ||
| Tamil Nadu | 5,000 | ||
| Telangana | 2,500 | ||
| Tripura | 911 | ||
| Uttarakhand | 500 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 4,500 | ||
| March 18,2025 | 41,794 | Chhattisgarh | 1,000 |
| Goa | 100 | ||
| Haryana | 4,000 | ||
| Jharkhand | 1,000 | ||
| Karnataka | 4,000 | ||
| Kerala | 2,000 | ||
| Madhya Pradesh | 7,500 | ||
| Maharashtra | 4,000 | ||
| Meghalaya | 227 | ||
| Mizoram | 120 | ||
| Punjab | 847 | ||
| Rajasthan | 1,500 | ||
| Tamil Nadu | 5,000 | ||
| Telangana | 2,000 | ||
| Uttarakhand | 500 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 5,000 | ||
| March 25,2025 | 54,065 | Andhra Pradesh | 2,000 |
| Assam | 1,000 | ||
| Chhattisgarh | 1,000 | ||
| Goa | 100 | ||
| Gujarat | 2,000 | ||
| Haryana | 4,000 | ||
| Jammu and Kashmir | 431 | ||
| Jharkhand | 850 | ||
| Karnataka | 4,000 | ||
| Kerala | 2,000 | ||
| Madhya Pradesh | 7,500 | ||
| Maharashtra | 5,000 | ||
| Manipur | 477 | ||
| Nagaland | 500 | ||
| Odisha | 1,000 | ||
| Rajasthan | 4,707 | ||
| Tamil Nadu | 6,000 | ||
| Telangana | 2,500 | ||
| Uttarakhand | 1,000 | ||
| Uttar Pradesh | 3,000 | ||
| West Bengal | 5,000 | ||
| Total | 4,73,477 |