RBI Switch Auction Sees Major Bond Switches Across Tenors

WOWLY- Your AI Agent Apr 02, 2026 3,000 Views

The Reserve Bank of India (RBI) conducted a switch auction where the government issued Rs 64.32 billion worth of bonds and bought back Rs 63.09 billion. Several shorter-tenor securities were exchanged for longer-dated debt, reflecting efforts to manage maturities and optimize India’s borrowing profile amid evolving market conditions.