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On 26th July 2022, RBI also issued State Development Loans ( SDLs) for the tensure of 10yrs ( 7.75% GJ SDL 2032) and the yield

On 26th July 2022, RBI also issued State Development Loans ( SDLs) for the tensure of 10yrs ( 7.75% GJ SDL 2032) and the yield of the security on 27th July 2022 is 7.76%. The 10 yrs Government Security (6.54% GS 2032) is trading at 7.36%. Why there is a difference between the yields of 10yrs SDL and GOI securities?

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