MUMBAI, India, Sept. 26 -- Reserve Bank of India issued the following press release:
In order to enable institutional and retail investors to plan their investments efficiently and to provide transparency and stability to the Government Securities Market, the Reserve Bank of India, in consultation with the Government of India, hereby, releases the indicative calendar for issuance of Government dated securities, including Sovereign Green Bonds (SGrBs), for the second half of the fiscal year 2025-26 (October 01, 2025 to March 31, 2026). The issuance calendar is as under:
Calendar for Issuance of Government of India Dated Securities (October 01, 2025 to March 31, 2026) S.No. Auction Week Amount in
(₹ crore) Security-wise Allocation 1 September 29-October 03, 2025 32,000 (i) 10 Year for ₹32,000 crore 2 October 06-10, 2025 28,000 (i) 15 Year for ₹16,000 crore (ii) 40 Year for ₹12,000 crore 3 October 13-17, 2025 30,000 (i) 5 Year for ₹18,000 crore (ii) 50 Year for ₹12,000 crore 4 October 27-31, 2025 32,000 (i) 3 Year for ₹9,000 crore (ii) 7 Year for ₹11,000 crore (iii) 30 Year for ₹7,000 crore (iv) 30 Year SGrB for ₹5,000 crore 5 November 03-07, 2025 32,000 (i) 10 Year for ₹32,000 crore 6 November 10-14, 2025 28,000 (i) 15 Year for ₹16,000 crore (ii) 40 Year for ₹12,000 crore 7 November 17-21, 2025 30,000 (i) 5 Year for ₹18,000 crore (ii) 50 Year for ₹12,000 crore 8 November 24-28, 2025 32,000 (i) 3 Year for ₹9,000 crore (ii) 7 Year for ₹11,000 crore (iii) 30 Year for ₹7,000 crore (iv) 30 Year SGrB for ₹5,000 crore 9 December 01-05, 2025 32,000 (i) 10 Year for ₹32,000 crore 10 December 08-12, 2025 28,000 (i) 15 Year for ₹16,000 crore (ii) 40 Year for ₹12,000 crore 11 December 15-19, 2025 30,000 (i) 5 Year for ₹18,000 crore (ii) 50 Year for ₹12,000 crore 12 December 22-26, 2025 32,000 (i) 3 Year for ₹9,000 crore (ii) 7 Year for ₹11,000 crore (iii) 30 Year for ₹12,000 crore 13 December 29, 2025- January 02, 2026 32,000 (i) 10 Year for ₹32,000 crore 14 January 05-09, 2026 29,000 (i) 15 Year for ₹16,000 crore (ii) 40 Year for ₹13,000 crore 15 January 12-16, 2026 31,000 (i) 5 Year for ₹18,000 crore (ii) 50 Year for ₹13,000 crore 16 January 19-23, 2026 33,000 (i) 3 Year for ₹9,000 crore (ii) 7 Year for ₹11,000 crore (iii) 30 Year for ₹13,000 crore 17 January 26-30, 2026 32,000 (i) 10 Year for ₹32,000 crore 18 February 02-06, 2026 29,000 (i) 15 Year for ₹16,000 crore (ii) 40 Year for ₹13,000 crore 19 February 09-13, 2026 31,000 (i) 5 Year for ₹18,000 crore (ii) 50 Year for ₹13,000 crore 20 February 16-20, 2026 33,000 (i) 3 Year for ₹9,000 crore (ii) 7 Year for ₹11,000 crore (iii) 30 Year for ₹13,000 crore 21 February 23-27, 2026 32,000 (i) 10 Year for ₹32,000 crore 22 March 02-06, 2026 29,000 (i) 15 Year for ₹16,000 crore (ii) 40 Year for ₹13,000 crore Total 6,77,000
2. As hitherto, all the auctions covered by the calendar will have the facility of non-competitive bidding under which five per cent of the notified amount will be reserved for the specified retail investors.
3. Like in the past, the Reserve Bank of India, in consultation with the Government of India, will continue to have the flexibility to bring about modifications in the above calendar in terms of indicated amount, issuance period, maturities, etc. and to issue different types of instruments, including instruments having non-standard maturity, floating rate bonds (FRBs), inflation indexed bonds (IIBs), depending upon the requirement of the Government of India, evolving market conditions and other relevant factors, after giving due notice to the market. The calendar is subject to change, if circumstances so warrant, including for reasons such as intervening holidays. Such changes shall be communicated through Press Releases.
4. Reserve Bank of India, in consultation with the Government of India, reserves the right to exercise the greenshoe option to retain additional subscription up to ₹2,000 crore against each of the securities indicated in the auction notifications.
5. Reserve Bank of India, in consultation with the Government of India, may also be conducting switch/buyback of dated securities through auction.
6. The auction of dated securities will be subject to the terms and conditions specified in the General Notification No. F.4(2)-B(W&M)/2018 dated March 26, 2025 issued by the Government of India, as amended from time to time.
(Puneet Pancholy)
Chief General Manager
Press Release: 2025-2026/1183
Disclaimer: Curated by HT Syndication.
