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RBI ₹32,000 Crore Bond Switch Auction on 21 July 2025

17 July 20251 min read
ECONOMYRBI ₹32,000 CroreBond SwitchAuction on 21 July202517 July 2025safalsetu.com

Why in the news

The Reserve Bank of India announced a large bond switch auction for the Centre, scheduled for 21 July 2025.

Key facts

  • Size of the auction: ₹32,000 crore.
  • Date: 21 July 2025.
  • Conducted by the RBI on behalf of the Central Government.
  • Purpose: reduce short-term redemption pressure and back fiscal consolidation.

Background

The step forms part of the government’s approach to managing its debt profile.

Exam angle

  • Who conducts it: RBI, acting for the government.
  • Amount and date: ₹32,000 crore, 21 July 2025.
  • Related terms: switch auction, redemption pressure, debt management.

Test yourself

1. What is the size of the bond switch auction RBI announced for 21 July 2025?

The auction is worth ₹32,000 crore.

2. On whose behalf does RBI conduct the 21 July 2025 bond switch auction?

RBI conducts it on behalf of the Central Government.

3. What is the main aim of the RBI bond switch auction?

It aims to cut short-term redemption pressure and support fiscal consolidation.