Government bond News

The government will have the option to retain additional subscriptions up to Rs 2,000 crore against each of these securities.

The inclusion of Indian government bonds in global indices adds to their global acceptability and makes it more attractive for foreign investors to buy them. 

The new 50-year bonds, revealed in the borrowing plan released by the Reserve Bank of India on Tuesday, will add to the 30-year and 40-year tenor bonds that are being offered currently.

After nearly three years of launching CPSE ETF, the government will on January 17 initiate the second tranche of fund raising to garner up to Rs 6,000 crore.

The government is planning to introduce long-term bonds of 40 years maturity in the first half of the current fiscal with small issuance size.

Investment limits for government debt securities worth Rs 893 crore will be auctioned on the BSE on Monday as over 99 percent of permitted investment levels for overseas investors have been exhausted.

Reserve Bank of India said foreign investors can re-invest coupons of government bonds on the entire $30 billion limit, effective immediately.

Foreign investors Monday put in bids worth Rs 5,664 crore for government bonds, nearly four times more than debt securities of Rs 1,488 crore put on auction.

Government bond markets are experiencing a rare sight: a yield curve driven by strong investor buying in maturities other than the traditional benchmark 10-year government bond.

In a strong show of interest by foreign investors, the government bond auction on Thursday attracted bids worth Rs 4,963 crore, higher than the amount of such securities on offer at Rs 3,117 crore.

The Reserve Bank will sell dated government securities worth Rs 15,000 crore in four tranches on Friday, RBI said.