India Announces Bond Auction Details for February 21, 2025

he Indian government has unveiled plans to sell bonds worth 340 billion rupees on February 21, 2025. The auction will include three different securities:

▪150 billion rupees of 7.34% Government Security maturing in 2064

▪50 billion rupees of 6.98% Sovereign Green Bonds (SGrB) maturing in 2054

▪140 billion rupees of 6.75% Government Security maturing in 2029

This auction is part of the government's borrowing program for the second half of the fiscal year 2024-25. The inclusion of Sovereign Green Bonds highlights India's commitment to financing environmentally sustainable projects. This auction aligns with the previously announced issuance calendar and demonstrates the government's efforts to manage its debt while supporting various economic initiatives.
Source: Finance Ministry of India