Govt to borrow ₹6.77 trillion in H2; share of ultra-long-term bonds reduced

The Union finance ministry will borrow ₹6.77 trillion from the market in the second half (October-March) this current financial year, with annual borrowing for FY26 set to be ₹10,000 crore less than the Budget target.  

 

In the FY26 Budget, the government had announced borrowing ₹14.82 trillion. It has borrowed ₹5,000 crore less than the target in the first half (April-September) at ₹7.95 trillion and lowered the estimates for H2 (October-March) by a similar amount, taking the annual revised borrowing to ₹14.72 trillion. 

 

Borrowing in H2 includes issuing of ₹10,000 crore through sovereign green bonds (SGrBs). 

 

The ministry also lowered the