₹34,000 Crore Bond Auction: Government Opens Door for Investors

The Indian government is set to auction bonds worth Rs 34,000 crore on Friday, February 21, 2025. The auction will include three different securities: a 5-year security worth Rs 14,000 crore, a 30-year Sovereign Green Bond (SGrB) worth Rs 5,000 crore, and a 40-year security worth Rs 15,000 crore. This auction is part of the government's borrowing calendar for the second half of the fiscal year 2024-25. The results of the auctions will be announced on February 21, with successful bidders required to make payments by February 24. This bond sale is crucial for the government's fundraising efforts and provides investment opportunities for institutional and retail investors.
Source: The Hans India