The Reserve Bank of India (RBI) has announced the re-issuance of sovereign green bonds (SGrBs) worth ₹5,000 crore as part of its upcoming ₹30,000 crore government securities (G-Secs) auction, scheduled for June 13, 2025.
🔴 Key Highlights:
- The auction will include three re-issued securities, featuring:
- ₹5,000 crore of 6.98% SGrBs maturing in 2054.
- ₹11,000 crore of 6.79% government securities maturing in 2031.
- ₹14,000 crore of 7.09% government securities maturing in 2074.
- Sovereign green bonds fund environmentally sustainable projects, including renewable energy, clean transportation, and water management.
- The auction will be conducted via RBI’s e-Kuber platform, using a multiple price method.
- Non-competitive bids must be submitted between 10:30 AM and 11:00 AM, while competitive bids will be accepted until 11:30 AM.
- Successful bidders must complete payments by June 16, 2025.
📢 RBI’s Statement:
“The re-issuance of sovereign green bonds underscores the government’s commitment to funding green infrastructure and sustainability initiatives, aligning with India’s broader environmental and economic goals.”
⚠️ Strategic Impact:
- Encourages climate-conscious investments, attracting green-focused investors.
- Strengthens India’s financial market, offering long-term securities for institutional investors.
👉 What do you think? Will India’s green bonds accelerate sustainable development? Drop your thoughts in the comments!
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