💨 Abstract

The Reserve Bank of India plans to sell government bonds worth Rs 4.73 lakh crore in the first quarter of 2025 to State Governments and Union territories. The actual amount and participating states will be announced two/three days before each auction, subject to market conditions and government approval. The RBI aims to conduct auctions in a non-disruptive manner, distributing the borrowings evenly throughout the quarter.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖