Indian bonds stay steady as new debt auction looms

Business Nov 21, 2025

Indian government bonds are holding steady this week, with the 10-year yield just a touch lower at 6.53%.
Everyone's watching as the RBI gears up to auction ₹300 billion worth of bonds—including some with super long terms (think 50 years).

Why it matters: investor interest and bigger economic signals

There's extra focus on whether big players like insurance and pension funds will actually buy these long-term bonds, since their interest has cooled lately.
The results could shift how much it costs India to borrow in the future.
Meanwhile, talk of the RBI's interest rate path and ongoing US trade discussions—especially around Russian oil—are keeping investors cautious.
Next week's GDP numbers should give more clues about where things are headed.