{
  "format": "india-by-the-numbers.series.v1",
  "id": "capital-markets/bond-supply",
  "name": "Who absorbed government-bond supply",
  "hub": "Capital markets",
  "topic": "Government bonds",
  "moduleIds": [
    "bond-supply"
  ],
  "url": "https://data.indiadispatch.com/capital-markets/bond-supply-absorption",
  "period": "2025-26",
  "periodKey": "FY26",
  "latest": {
    "formattedValue": "78.17%",
    "supportingFigures": "Reserve Bank of India share of net supply. Negative shares represent a net reduction in holdings."
  },
  "source": {
    "name": "Reserve Bank of India",
    "url": "https://www.rbi.org.in/"
  },
  "numericValue": 78.17154499222733,
  "unit": "percent",
  "measure": "share_of_supply_percent",
  "cadence": "Financial year",
  "version": "b49b1b0f7f005f597ada90a367235f38f2b5dfaebaf46ece7ebca247a136932b",
  "dateModified": "2026-10-05T05:33:24.257Z",
  "coverage": "2021-04-01/2026-03-31",
  "notes": [
    "The table retains the source’s published periods. Missing observations are not zero and have not been interpolated."
  ],
  "license": {
    "name": "Creative Commons Attribution 4.0 International",
    "url": "https://creativecommons.org/licenses/by/4.0/",
    "scope": "India Dispatch's original compiled tables and editorial text"
  },
  "sourceRights": "Underlying source publishers retain their own rights. This license does not grant rights to publisher documents, branding or other third-party material.",
  "attribution": "India by the numbers, Who absorbed government-bond supply, 2025-26, https://data.indiadispatch.com/capital-markets/bond-supply-absorption. Source: Reserve Bank of India.",
  "valueRepresentation": "Table cells are the publication's formatted observations, with units retained. Missing observations are not zero. Numeric latest amounts, where present, are separately labelled INR and USD.",
  "tables": [
    {
      "title": "Bond-supply absorption",
      "temporalCoverage": "2021-04-01/2026-03-31",
      "columns": [
        "Fiscal year",
        "Name",
        "Share of supply"
      ],
      "rows": [
        {
          "id": "FY22-key-rbi-name-RBI",
          "cells": [
            "2021-22",
            "Rbi",
            "20.21%"
          ]
        },
        {
          "id": "FY22-key-banks-name-Commercial banks",
          "cells": [
            "2021-22",
            "Commercial banks",
            "20.2%"
          ]
        },
        {
          "id": "FY22-key-insurance-name-Insurance companies",
          "cells": [
            "2021-22",
            "Insurance companies",
            "30.93%"
          ]
        },
        {
          "id": "FY22-key-provident-name-Provident and pension funds",
          "cells": [
            "2021-22",
            "Provident and pension funds",
            "39.39%"
          ]
        },
        {
          "id": "FY22-key-mutual-name-Mutual funds",
          "cells": [
            "2021-22",
            "Mutual funds",
            "2.65%"
          ]
        },
        {
          "id": "FY22-key-foreign-name-Foreign portfolio investors",
          "cells": [
            "2021-22",
            "Foreign portfolio investors",
            "−1.09%"
          ]
        },
        {
          "id": "FY22-key-states-name-State governments",
          "cells": [
            "2021-22",
            "State governments",
            "2.93%"
          ]
        },
        {
          "id": "FY22-key-others-name-Others",
          "cells": [
            "2021-22",
            "Others",
            "−15.23%"
          ]
        },
        {
          "id": "FY23-key-rbi-name-RBI",
          "cells": [
            "2022-23",
            "Rbi",
            "−3.76%"
          ]
        },
        {
          "id": "FY23-key-banks-name-Commercial banks",
          "cells": [
            "2022-23",
            "Commercial banks",
            "41.8%"
          ]
        },
        {
          "id": "FY23-key-insurance-name-Insurance companies",
          "cells": [
            "2022-23",
            "Insurance companies",
            "26.58%"
          ]
        },
        {
          "id": "FY23-key-provident-name-Provident and pension funds",
          "cells": [
            "2022-23",
            "Provident and pension funds",
            "13.2%"
          ]
        },
        {
          "id": "FY23-key-mutual-name-Mutual funds",
          "cells": [
            "2022-23",
            "Mutual funds",
            "2.05%"
          ]
        },
        {
          "id": "FY23-key-foreign-name-Foreign portfolio investors",
          "cells": [
            "2022-23",
            "Foreign portfolio investors",
            "−0.17%"
          ]
        },
        {
          "id": "FY23-key-states-name-State governments",
          "cells": [
            "2022-23",
            "State governments",
            "3.63%"
          ]
        },
        {
          "id": "FY23-key-others-name-Others",
          "cells": [
            "2022-23",
            "Others",
            "16.67%"
          ]
        },
        {
          "id": "FY24-key-rbi-name-RBI",
          "cells": [
            "2023-24",
            "Rbi",
            "−4.87%"
          ]
        },
        {
          "id": "FY24-key-banks-name-Commercial banks",
          "cells": [
            "2023-24",
            "Commercial banks",
            "46.91%"
          ]
        },
        {
          "id": "FY24-key-insurance-name-Insurance companies",
          "cells": [
            "2023-24",
            "Insurance companies",
            "26.07%"
          ]
        },
        {
          "id": "FY24-key-provident-name-Provident and pension funds",
          "cells": [
            "2023-24",
            "Provident and pension funds",
            "11.63%"
          ]
        },
        {
          "id": "FY24-key-mutual-name-Mutual funds",
          "cells": [
            "2023-24",
            "Mutual funds",
            "3.69%"
          ]
        },
        {
          "id": "FY24-key-foreign-name-Foreign portfolio investors",
          "cells": [
            "2023-24",
            "Foreign portfolio investors",
            "10.98%"
          ]
        },
        {
          "id": "FY24-key-states-name-State governments",
          "cells": [
            "2023-24",
            "State governments",
            "2.13%"
          ]
        },
        {
          "id": "FY24-key-others-name-Others",
          "cells": [
            "2023-24",
            "Others",
            "3.46%"
          ]
        },
        {
          "id": "FY25-key-rbi-name-RBI",
          "cells": [
            "2024-25",
            "Rbi",
            "18.37%"
          ]
        },
        {
          "id": "FY25-key-banks-name-Commercial banks",
          "cells": [
            "2024-25",
            "Commercial banks",
            "18.56%"
          ]
        },
        {
          "id": "FY25-key-insurance-name-Insurance companies",
          "cells": [
            "2024-25",
            "Insurance companies",
            "23.79%"
          ]
        },
        {
          "id": "FY25-key-provident-name-Provident and pension funds",
          "cells": [
            "2024-25",
            "Provident and pension funds",
            "11.05%"
          ]
        },
        {
          "id": "FY25-key-mutual-name-Mutual funds",
          "cells": [
            "2024-25",
            "Mutual funds",
            "0.06%"
          ]
        },
        {
          "id": "FY25-key-foreign-name-Foreign portfolio investors",
          "cells": [
            "2024-25",
            "Foreign portfolio investors",
            "12.4%"
          ]
        },
        {
          "id": "FY25-key-states-name-State governments",
          "cells": [
            "2024-25",
            "State governments",
            "4.75%"
          ]
        },
        {
          "id": "FY25-key-others-name-Others",
          "cells": [
            "2024-25",
            "Others",
            "11.01%"
          ]
        },
        {
          "id": "FY26-key-rbi-name-RBI",
          "cells": [
            "2025-26",
            "Rbi",
            "78.17%"
          ]
        },
        {
          "id": "FY26-key-banks-name-Commercial banks",
          "cells": [
            "2025-26",
            "Commercial banks",
            "−7.19%"
          ]
        },
        {
          "id": "FY26-key-insurance-name-Insurance companies",
          "cells": [
            "2025-26",
            "Insurance companies",
            "22.82%"
          ]
        },
        {
          "id": "FY26-key-provident-name-Provident and pension funds",
          "cells": [
            "2025-26",
            "Provident and pension funds",
            "8.74%"
          ]
        },
        {
          "id": "FY26-key-mutual-name-Mutual funds",
          "cells": [
            "2025-26",
            "Mutual funds",
            "−12%"
          ]
        },
        {
          "id": "FY26-key-foreign-name-Foreign portfolio investors",
          "cells": [
            "2025-26",
            "Foreign portfolio investors",
            "0.81%"
          ]
        },
        {
          "id": "FY26-key-states-name-State governments",
          "cells": [
            "2025-26",
            "State governments",
            "6.33%"
          ]
        },
        {
          "id": "FY26-key-others-name-Others",
          "cells": [
            "2025-26",
            "Others",
            "2.32%"
          ]
        }
      ]
    }
  ],
  "downloads": {
    "json": "https://data.indiadispatch.com/data/series/capital-markets/bond-supply-absorption.json",
    "csv": "https://data.indiadispatch.com/data/series/capital-markets/bond-supply-absorption.csv"
  },
  "publicationArchive": "https://data.indiadispatch.com/archive/capital-markets/bond-supply-absorption"
}