Development Administration in Tamil Nadu Current Affairs Analysis
India is set to make its first-ever issuance of 50-year government bonds as part of its plan to raise ₹6.55 lakh crore in market borrowings in the second half of the fiscal year ending in March 2024.
Government also planned to issue 30 year green debt securities.
Bond
A bond is a debt instrument in which an investor loans money to an entity (typically corporate or government) which borrows the funds for a defined period of time at a variable or fixed interest rate.
Bonds are used by companies, municipalities, states and sovereign governments to raise money to finance a variety of projects and activities. Owners of bonds are debt holders, or creditors, of the issuer.
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