New Delhi, March 31 -- The central government recently announced its borrowing programme for the first half of the financial year 2026-27, starting tomorrow, targeting gross market borrowings of Rs.8.2 trillion. The plan highlights the government's commitment to sustainable finance, and the amount accounts for 51% of the total adjusted FY27 target of Rs.16.09 trillion.

The government will issue Rs.15,000 crore in Sovereign Green Bonds (SGrBs), alongside dated securities. The entire borrowing plan is spread across 26 weekly auctions. It focuses on covering maturities from 3-year to 50-year securities.

The Government of India will also conduct switches and buybacks to make sure that redemption profiles are smoothed. They may also exercise...