Related News

Blood Moon on September 7: Will it be visible in the US? Check timings, locations, and other details |

The much-anticipated Blood Moon total lunar eclipse will take place on the night of September 7–8, 2025, drawing the attention of skywatchers worldwide. A Blood Moon occurs when Earth moves

FTC commissioner questions status of Snap AI chatbot complaint

U.S. Federal Trade Commission Commissioner Rebecca Slaughter raised questions on Friday about the status of an artificial intelligence chatbot complaint against Snap that the agency referred to the Department of

AppLovin and Robinhood added to S&P 500

Avishek Das | SOPA Images | Lightrocket | Getty Images Shares of advertising technology company AppLovin and stock trading app Robinhood Markets jumped in extended trading on Friday after S&P

Data center demand is booming. Can the supply of trade workers keep up?

Brandyn Frye feels squeezed by two businesses trending in opposite directions — data centers such as one he manages outside Chicago hum along with soaring demand for workers to keep

Anthropic to pay $1.5 billion to settle authors’ copyright lawsuit

Jaque Silva | Nurphoto | Getty Images Anthropic has agreed to pay at least $1.5 billion to settle a class action lawsuit with a group of authors, who claimed the

Trump threatens trade probe after ‘discriminatory’ EU fines against Google, Apple

US President Donald Trump during a dinner with tech leaders in the State Dining Room of the White House in Washington, DC, US, on Thursday, Sept. 4, 2025. Will Oliver

Sovereign Green Bonds worth Rs 5000 crore to be re-issued, RBI fixes June 13 for govt securities auction; check details

Word Count: 650 | Estimated Reading Time: 4 minutes

The sovereign green bonds (SGrBs) worth Rs 5000 crore will be re-issued as part of the upcoming government securities (G-Secs) auction scheduled for June 13, 2025, the Central bank RBI announced the re-issue ofThe total notified amount for sale is Rs 30,000 crore, which includes Rs 5,000 crore of 6.98 per cent SGrBs maturing in 2054, the RBI notification said. “Government of India (GoI) has announced the sale (re-issue) of three dated securities for a notified amount of Rs 30,000” the notification added. Sovereign green bonds are government-issued bonds specifically aimed at financing environmentally sustainable projects.The proceeds from these bonds are allocated to sectors such as renewable energy, clean transportation, sustainable water management, and energy efficiency. These bonds serve both to promote climate-conscious growth and to attract environmentally focused investors.In addition to the sovereign green bonds, two other dated securities will also be re-issued: Rs 11,000 crore of 6.79 per cent government securities maturing in 2031, and Rs 14,000 crore of 7.09 per cent securities maturing in 2074.The auction will be conducted using a multiple price method via RBI’s e-Kuber platform. Non-competitive bids must be submitted between 10:30 a.m. and 11:00 a.m., and competitive bids between 10:30 a.m. and 11:30 a.m. on the auction day, ANI reported.The results will be announced on the same day, and successful bidders will need to make payments on June 16, 2025.The government also retains the option to accept up to Rs 2,000 crore of additional subscriptions against each of the securities. The stocks will be eligible for “When Issued” trading from June 10 to June 13, 2025, allowing investors to trade the securities even before they are formally issued.Primary Dealers may submit underwriting bids for the Additional Competitive Underwriting (ACU) portion between 9:00 a.m. and 9:30 a.m. on the same day.The re-issuance of sovereign green bonds highlights that the government’s continued commitment to fund green infrastructure and sustainability initiatives, aligning with India’s broader environmental and economic goals.

Source link