The share of borrowing (including SGrBs) under different maturities will be: 3-year (6.6%), 5-year (13.3%), 7-year (8.1%), 10-year (28.4%), 15-year (14.2%), 30-year (9.2%), 40-year (11.1%) and 50-year (9.2%), added the release.
The Reserve Bank of India (RBI) has announced the re-issue of sovereign green bonds (SGrBs) as part of the upcoming government securities (G-Secs) auction scheduled for June 13, 2025.
The central government has planned to collect Rs 20,000 crores through the 'Sovereign Green Bonds' in the second half (Oct-Mar) of the financial year 2025, according to a release by the Finance Ministry
A sovereign green bond is a debt investment instrument issued by the central or state government to borrow money from investors with the commitment that the mobilized fund will be spent on climate or ecosystem-related activities.
A statement from the finance ministry on Wednesday said this approval would further strengthen India's commitment towards its Nationally Determined Contribution (NDCs) targets, adopted under the Paris Agreement, and help in attracting global and domestic investments in eligible green project
New Delhi [India], September 29 (ANI): The government on Thursday lowered the market borrowing target for the current financial year by Rs 10,000 crore amid buoyancy in tax collections.