Climate change isn’t a distant threat; it’s here and now. To reduce carbon emissions, we have to reduce the use of fossil fuels and shift to green and renewable energy sources. This needs a lot of money.
This is where green bonds come into the picture. The money raised from these bonds will only be used to finance projects that reduce the carbon intensity of the economy. You can invest in SGrBs on Kite just like G-Secs, SDLs, and SGBs.
You can check out this post to learn more about the SGrBs:
Context for Indian Sovereign Green Bonds
During the 2021 Climate change conference, India announced its ambition and committed on addressing the challenges posed by climate change with the following targets:
Reach 500GW non-fossil energy capacity by 2030
50% of its energy requirements from renewable energy by 2030
Reduction of total projected carbon emissions by one billion tonnes from now to 2030
Reduction of the carbon intensity of the economy by 45 per cent by 2030, over 2005 lev…
S.No
Week of Auction
Amount in (₹ Crore)
Security-wise Allocation
1
November 25 - 29, 2024
5000
10 Year SGrB for ₹5,000 crore
2
December 09 - 13, 2024
5000
30 Year SGrB for ₹5,000 crore
3
January 27 - 31, 2025
5000
10 Year SGrB for ₹5,000 crore
4
February 17 - 21, 2025
5000
30 Year SGrB for ₹5,000 crore
Total
20,000
Soruce: RBI .
*Sovereign Green Bonds (SGrB) issuance was released as part of the indicative calendar of Government dated securities
Issuance calendar for GOI dated bonds
Here is the issuance calendar for Government of India Dated Securities. The bidding window will be opened each week here for you to invest in these bonds.
S. No.
Week of Auction
Amount in (₹ Crore)
Security-wise Allocation
1
September 30 - October 04, 2024
39,000
i) 3 Year for ₹7,000 crore
ii) 10 Year for ₹22,000 crore
iii) 50 Year for ₹10,000 crore
2
October 07 - 11, 2024
29,000
i) 5 Year for ₹14,000 crore
ii) 40 Year for ₹15,000 crore
3
October 14 - 18, 2024
33,000
i…
Issuance calendar for T-bills
Here is the issuance calendar for Treasury bills (T-bills). The bidding window will be opened each week here for you to invest in these bonds.
Date of Auction
Date of Issue
91 Days
182 Days
364 Days
Total
October 03, 2024
October 04, 2024
7,000
6,000
6,000
19,000
October 09, 2024
October 10, 2024
7,000
6,000
6,000
19,000
October 16, 2024
October 17, 2024
7,000
6,000
6,000
19,000
October 23, 2024
October 24, 2024
7,000
6,000
6,000
19,000
October 30, 2024
October 31, 2024
7,000
6,…
Issuance calendar for State Development Loans (SDLs)
SDLs are bonds issued by state governments similar to how GOI G-secs are issued by the central govt. You can invest in SDLs on Kite .
Check out the Varsity note to learn more about G-Secs and SDLs.
Here’s the issuance calendar of SDLs by the respective state governments.
Proposed Date
Expected quantum of borrowing (in ₹ Cr)
States/UTs who have confirmed participation and the tentative amount of borrowing (in ₹ Cr)
October 01,2024
19,942
Andhra Pradesh
3,000
Assam
750
Bihar
…
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