The Reserve Bank of India will sell government bond worth Rs 4.73 lakh crore in January-March quarter of 2025 on State Governments and Union territories.

The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation, the RBI added in its notification.

The central bank informed that the actual amount of borrowings and the details of the States/UTs participating would be intimated by way of press releases two/ three days prior to the actual auction day and would depend on the requirement of the State Governments/UTs, approval from the Government of India under Article 293(3) of the Constitution of India and the market conditions. 

"RBI would endeavour to conduct the auctions in a non-disruptive manner, taking into account the market conditions and other relevant factors and distribute the borrowings evenly throughout the quarter," the RBI added.