<h1>India to Introduce 40-Year Government Bonds to Extend Maturity Profile and Limit Rollover Risk in 2015-16 Fiscal Year.</h1> The government plans to introduce a 40-year maturity bond in the first half of the 2015-16 fiscal year to extend the maturity profile and limit rollover risk, following practices in advanced countries. Currently, the yield curve for Indian government securities spans 30 years, with demand for longer maturities from insurance companies and provident funds aiming to hedge long-term liabilities. The flat yield curve suggests costs will not significantly exceed those of 30-year securities. The initial issuance will be small to assess demand, with potential adjustments based on market response, as stated by the Minister of State for Finance in a Lok Sabha reply.