New Delhi, June 10 -- The Reserve Bank of India (RBI) has announced the re-issue of sovereign green bonds (SGrBs) as part of the upcoming government securities (G-Secs) auction scheduled for June 13, 2025.
As per a notification by RBI on Monday, the total notified amount for sale is Rs 30,000 crore, which includes Rs 5,000 crore of 6.98 per cent SGrBs maturing in 2054.
RBI said "Government of India (GoI) has announced the sale (re-issue) of three dated securities for a notified amount of Rs 30,000".
Sovereign green bonds are government-issued bonds specifically aimed at financing environmentally sustainable projects.
The proceeds from these bonds are allocated to sectors such as renewable energy, clean transportation, sustainable wate...
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