The government raised US$ 49 billion (Rs 4.06 trillion) via dated securities in July-September: Finance Ministry Report
- IBEF
- December 28, 2022
The Government of India raised approximately US$ 49 billion (Rs 4.06 trillion) through dated securities as against the target of US$ 51 billion (Rs 4.22 trillion), as per a quarterly report on debt management by the finance ministry for July-September 2022.
The repayments were US$ 11.16 billion (Rs. 92,371 crores). Additionally, the weighted average yield of primary issuances increased to 7.33% in the second quarter of 2022-23, from 7.23% in the first quarter.
The net daily average liquidity absorption by the Reserve Bank of India (RBI) under the Liquidity Adjustment Facility (LAF), including the Marginal Standing Facility and Special Liquidity Facility, stood at US$ 15.5 billion (Rs 128,323 crores) during the quarter.
At the end of September 2022, public debt stood at 89.1% of total gross liabilities from 88.3%.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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