Some of the news channels /news wires have been misreporting that the Government of India is no longer contemplating a Sovereign Bond Issue. These reports are without any basis. As the Ministry of Finance has said repeatedly, all options are on the table and are examined from time to time. Steps are taken by the government at the appropriate time. Such misreporting creates unnecessary speculation.

DSM/RS

(Release ID :97345)

Sovereign bond issuance options remain under consideration; misreporting of abandonment is unfounded and fuels speculation. The Government affirms that Sovereign Bond Issuance remains a live policy option and that reports claiming abandonment are incorrect; the Ministry reviews financing options periodically and will act when appropriate to avoid unnecessary market speculation.