FY27 government market borrowing
The Centre plans ₹7.86 lakh crore in bond sales in H2 FY27 and cut its full-year gross borrowing estimate by ₹1.2 lakh crore to ₹15.99 lakh crore, citing stronger tax and non-tax receipts. The plan includes ₹15,000 crore in green bonds.

Timeline
Monday, 28 September
- India's key-tenor bonds may see relief after October-March supply cut
Government plans ₹7.86 lakh crore in bond sales from October to March
Friday, 25 September
- Lower borrowing plan signals tax buoyancy, offers relief for bond yields
Net market borrowings remain aligned with budgeted levels
- Centre cuts FY27 gross borrowing estimate to ₹15.99 lakh crore; H2 bond sales set at ₹7.86 trillion
FY27 gross market borrowing cut to ₹15.99 lakh crore from ₹17.2 lakh crore budgeted
- Govt Cuts FY27 Market Borrowing Target, Eyes Raising Rs 7.86 Lakh Crore In Second Half
The government plans to raise ₹7.86 lakh crore in the second half of FY27
- India plans Rs 7.86 lakh crore bond sales in H2, trims borrowing amid yield pressure
India aims to raise ₹7.86 lakh crore through bond sales from October to March
- Centre plans ₹7.86 lakh crore H2FY27 borrowing; full-year target cut
H2FY27 borrowing will total ₹7.86 lakh crore, including ₹15,000 crore in green bonds




