The Finance Ministry has announced plans to raise ₹320 billion through a bond auction scheduled for April 11, 2025. The auction will feature multiple securities, including new government bonds maturing in 2065 and 2039. Below are the key highlights:
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New 2065 Bonds: The government will issue ₹160 billion worth of bonds with a long-term maturity of 40 years, catering to institutional investors seeking stable returns.
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6.92% 2039 Bonds: Another ₹160 billion will be raised through bonds maturing in 2039, offering attractive yields for investors.
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Auction Details: The Reserve Bank of India (RBI) will conduct the auction via its E-Kuber system, allowing both competitive and non-competitive bidding.
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Fiscal Strategy: This move is part of the government’s borrowing plan for FY26, aimed at funding developmental projects and managing fiscal obligations effectively.
This auction reflects India’s commitment to diversifying its debt portfolio while ensuring liquidity in the bond market.
Source: Ministry of Finance Announcement