India, March 5 -- The Reserve Bank of India (RBI) on Wednesday said it will conduct a switch auction of government securities worth Rs 20,000 crore on March 9.
The auction is scheduled to be held between 10:30 AM and 11:30 AM. The results will be announced on the same day, while settlement will take place on March 10, 2026, according to the central bank.
The switch operation is aimed at easing redemption pressure in the next financial year, when government bond maturities totaling about Rs 5.47 lakh crore are set to fall due.
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