New Sovereign Green Bond (SGrB) Auction Was Successful

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Context:

The ₹5,000 crore auction of the new Sovereign Green Bond (SGrB) of 30-year tenure sailed through on Friday. 

Highlights:

  • There were 98 competitive bids registered by the Reserve Bank of India, which amounted to ₹15,160 crore, along with three non-competitive bids aggregating to ₹1.351 crore.
  • The central bank accepted 31 competitive bids aggregating ₹4,998.649 crore and non-competitive bids aggregating to ₹1.351 crore.

Know about: Green Bonds

Also read: Fund raises through Green Bonds

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August 31, 2026/

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