India Set To Raise ₹290 Billion Via Bonds, Balancing Long And Mid-Term Debt

India’s Finance Ministry has unveiled its latest government bond auction plan as part of its scheduled borrowing program. The issuance includes a mix of long-term and medium-term securities, signaling a balanced approach to debt management.

Key Highlights

• India to auction ₹290 billion in government bonds on April 30
• ₹120 billion allocated to 7.43% 2076 bonds
• ₹170 billion allocated to 6.68% 2040 bonds
• Auction part of India’s broader fiscal and borrowing strategy
• Move likely to impact bond yields and market liquidity