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    HomeNewsBusinessLIC in talks with RBI to introduce 100-year bond

    LIC in talks with RBI to introduce 100-year bond

    This move comes after the RBI approved the issuance of 40-year bonds

    Malvika Sundaresan
    March 18, 2025 / 22:42 IST
    LIC in talks with RBI to introduce 100-year bond

    Life Insurance Corporation of India (LIC) is in discussions with the Reserve Bank of India (RBI) to introduce ultra-long-term bonds, including 50-year and 100-year maturities, as part of its strategy to align investments with its long-term policy obligations, said CEO Siddhartha Mohanty.

    This move comes after the RBI approved the issuance of 40-year bonds, meeting LIC’s earlier request for longer-dated instruments.

    Mohanty, speaking on the sidelines at the Global Conference on Actuaries, said, "Since LIC deals with whole-life policies and other long-term commitments, we have requested the RBI for even longer tenures up to 100 years."

    Malvika Sundaresan
    first published: Mar 18, 2025 01:09 pm

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