Center to Raise 6.77 Lakh Crore in H2 FY26; 10,000 Crore via Gree
The gross market borrowing of Rs.6.77 trillion will be completed through 22 weekly auctions by March 6, 2026. The borrowing will be spread across securities with maturities of 3, 5, 7, 10, 15, 30, 40, and 50 years.
The distribution of borrowing (including SGrBs) by maturity will be: 3-year (6.6 percent), 5-year (13.3 percent), 7-year (8.1percent), 10-year (28.4percent), 15-year (14.2percent), 30-year (9.2percent), 40-year (11.1percent), and 50-year (9.2percent).
The government will continue to conduct security switches and buybacks to smooth out the redemption profile. It will also retain the right to exercise the green shoe option, allowing an additional subscription of up to Rs.200 billion against each of the securities listed in auction notifications.
Weekly borrowing through Treasury Bills in the third quarter (Q3) of FY 2025–26 is expected to total 190 billion rupees, with issuance of 70 billion under 91-day bills, 60 billion under 182-day bills, and 60 billion under 364-day bills.
Also Read: Piyush Goyal, Business Leaders Talk Trade, Investment in India
To address temporary mismatches in government payments and receipts, the Reserve Bank of India has set the Ways and Means Advances (WMA) limit for the second half of FY 2025–26 at Rs.500 billion.
Also Read: Azim Premji Declines Request to Open Wipro Sarjapur Campus