India’s FY26 market borrowing may be higher on pandemic-related redemptions

Consequently, the government, in consultation with the RBI, has already conducted buybacks and switches of dated securities. In FY25, the government executed buybacks worth ₹80,000 crore and switches totaling ₹1.35 lakh crore, against ₹1.5 lakh crore worth of G-secs to be switched in the current fiscal…
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