Reissued bonds account for nearly 66% of state borrowings in H1 FY27: Report

State governments in India have reissued bonds, which now make up nearly 66% of their borrowings in the first half of the fiscal year 2027, according to a report. This trend shows that states are increasingly turning to the bond market to manage their finances. The reissuance of bonds could enhance liquidity and make the market more appealing to investors, particularly with the Reserve Bank of India's efforts to increase transparency. This development is significant for the bond market, as it may attract more investors and improve market conditions.

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States have made a substantial impact on their finances by reissuing bonds. This now forms a significant portion of their market borrowings.

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