India to Auction ₹330 Billion in Government Bonds on January 23

The Reserve Bank of India (RBI) has unveiled plans to conduct a major government bond auction on January 23, 2026, with a total issuance size of ₹330 billion. The auction will feature a mix of long term and medium-term securities, providing investors with varied maturity profiles.

Key Highlights:

• 2055 Bonds: ₹130 billion of 7.24% government bonds maturing in 2055.
• 2033 Bonds: ₹110 billion of newly issued government bonds maturing in 2033.
• 2029 Bonds: ₹90 billion of newly issued government bonds maturing in 2029.
• Total Auction Size: ₹330 billion.
   

• Objective: To meet fiscal borrowing requirements and strengthen India’s debt management strategy.
• Investor Appeal: Offers long-term stability and medium-term investment opportunities.

This auction reflects India’s ongoing efforts to balance fiscal needs with investor demand, while ensuring liquidity in the government securities market. Analysts expect strong participation from banks, insurance firms, and institutional investors, given the attractive yields and diversified maturities.

Sources: Reuters (RTRS), Reserve Bank of India announcements, Economic Times market updates.