India will sell 130 billion rupees ($1.44 billion) worth of its new 50-year bond in an auction this week, the country’s central bank said on Monday. India first announced a 50-year bond in 2023, in response to market demand for longer duration securities, before which it had issued bonds with a tenure of up to 40 years. India bonds up on state supply cut, Index entry buzz The new government security that matures on January 19, 2076 is India’s third issuance of a new 50-year paper. The government last issued a new 50-year paper in 2024.