The Reserve Bank of India (RBI) has announced a government bond auction scheduled for February 20, 2026, totaling ₹330 billion. The sale includes 6.68% 2033 bonds, 6.03% 2029 bonds, and 7.24% 2055 bonds. The auction aims to raise funds for fiscal needs while offering long-term investment opportunities.
India’s central bank has confirmed plans to auction ₹330 billion worth of government securities on February 20, 2026, as part of its borrowing program. The issuance will include:
- ₹110 billion of 6.68% 2033 bonds
- ₹90 billion of 6.03% 2029 bonds
- ₹130 billion of 7.24% 2055 bonds
The auction is expected to attract strong interest from institutional investors, banks, and insurance companies, given the mix of medium- and long-term maturities. Analysts note that the issuance reflects India’s strategy to balance near-term fiscal requirements with long-term debt sustainability.
The RBI conducts such auctions regularly to manage government borrowing, provide liquidity to the market, and support infrastructure and development financing.
Key Highlights
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Auction Date: February 20, 2026.
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Total Value: ₹330 billion.
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Bond Details: 6.68% 2033 (₹110B), 6.03% 2029 (₹90B), 7.24% 2055 (₹130B).
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Objective: Raise funds for fiscal needs and infrastructure financing.
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Market Impact: Offers opportunities for long-term investors and strengthens debt market liquidity.
Sources: Reserve Bank of India Auction Notification, Economic Times Market Updates, Business Standard