Daijiworld Media Network – New Delhi

New Delhi, Sep 26: The Union government on Thursday announced a borrowing plan of Rs 6.77 lac cr through dated securities for the second half of FY26 (October–March). According to the schedule, Rs 10,000 cr of this will be raised via sovereign green bonds.

The borrowing calendar lists 22 auctions, beginning September 29 with a Rs 32,000 cr issuance of 10-year Government of India bonds, and concluding on March 6, 2026. Securities with a tenure of over 10 years will account for more than three-fourths of the total borrowing, as per Moneycontrol’s analysis.

In the first half of the fiscal, the Centre is estimated to have borrowed over Rs8 lac cr. The full-year gross borrowing target stands at Rs 14.82 lac cr, higher than last year’s Rs 14.01 lac cr.

Despite a dip in revenue following the GST cuts announced on September 4, the government aims to maintain the fiscal deficit target of 4.4 percent. The Reserve Bank of India’s larger-than-expected dividend of Rs 2.7 lac cr is expected to aid in keeping the deficit under control.