New Delhi: The Union Government has reduced its planned market borrowing for FY2026-27 by Rs 1,20,494 crore, with Rs 7.86 lakh crore scheduled to be raised in the second half of the financial year.
Total borrowing through dated securities is now expected at Rs 15,99,506 crore, against the Budget estimate of Rs 17,20,000 crore, the Finance Ministry said in a statement.
Follow The PSUWatch Channel on WhatsApp
The second-half borrowing programme, finalised in consultation with the Reserve Bank of India, includes sovereign green bond issuances worth Rs 15,000 crore.
In the first half ending September, the government is expected to raise Rs 8,13,506 crore through bonds, slightly below its target of Rs 8.2 lakh crore.
The government will complete its second-half borrowing through 23 weekly auctions, issuing securities with maturities ranging from three to 50 years.
Ten-year securities will account for the largest share at 26.3 percent, followed by 15-year bonds at 17.6 percent and five-year securities at 12.1 percent.
Follow PSU Watch on LinkedIN
The remaining borrowing will be distributed across three-year securities at 6.9 percent, seven-year bonds at 9.1 percent, 30-year bonds at 9.2 percent, 40-year securities at 8.9 percent and 50-year bonds at 9.9 percent.
These maturity-wise allocations include sovereign green bonds, the ministry said.
(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated)