The Economic Times

Centre cuts FY27 market borrowing to Rs 15.99 lakh crore; targets longer debt maturity

The Centre has cut FY27 gross market borrowing to Rs 15.99 lakh crore from Rs 17.2 lakh crore budgeted, seeking to limit pressure on bond yields amid global uncertainty. It will borrow Rs 7.86 lakh crore in the second half, including Rs 15,000 crore through sovereign green bonds, while extending debt maturities.