GS3 · Fiscal

H2 borrowing: ₹6.77 lakh crore, incl. ₹10,000 crore green bonds

Battle IAS current affairs title card: H2 borrowing: ₹6.77 lakh crore, incl. ₹10,000 crore green bonds (GS3 · Fiscal, 26 September 2025)

What happened

  • The Centre will borrow ₹6.77 lakh crore through dated securities in H2 of 2025-26, including ₹10,000 crore of Sovereign Green Bonds, in 22 weekly auctions till March 6, 2026 [PIB].
  • The 10-year paper has the largest share (28.4%) [PIB].

Background

  • Weekly T-Bill issuance in Q3 is ₹19,000 crore [PIB].

Why it matters

  • Long tenors (40, 50 years) suit insurers and pension funds and lengthen debt maturity.

How to use this in Mains

GS-III Fiscal

  1. As per PIB (2025-09-26): the Centre will borrow ₹6.77 lakh crore through dated securities in H2 of 2025-26, including ₹10,000 crore of Sovereign Green Bonds, in 22 weekly auctions till March 6, 2026.
  2. Long tenors (40, 50 years) suit insurers and pension funds and lengthen debt maturity.
Quotable data point

The 10-year paper has the largest share (28.4%).

PIB: Borrowing plan for H2 2025-26, 26 Sep 2025

Exam angle

UPSC

Prelims: SGrBs.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

Sovereign Green Bonds in H2 2025-26

Answer (b) & explanation

PIB.

Go deeper

Official source: PIB: Borrowing plan for H2 2025-26, 26 Sep 2025

facts from cited sources only; faculty review pending