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LATEST NEWS UPDATES | Govt liabilities increase to Rs 147 trillion in September-end

Govt liabilities increase to Rs 147 trillion in September-end

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published Published on Dec 28, 2022   modified Modified on Dec 28, 2022

-PTI/ The Telegraph

Weighted average yield of primary issuances hardened to 7.33 per cent in Q2 FY2023 from 7.23 per cent in Q1 FY2023

New Delhi: The government’s total liabilities increased to Rs 147.19 lakh crore in September-end from Rs 145.72 lakh crore (trillion) at the end of June this fiscal year, according to the latest data on public debt.

In percentage terms, it reflects a quarter-on-quarter increase of 1 per cent in the second quarter of 2022-23.

Public debt accounted for 89.1 per cent of total gross liabilities in September-end, up from 88.3 per cent as on June 30, the quarterly report on public debt management released by the finance ministry on Tuesday said.

It said that nearly 29.6 per cent of the outstanding dated securities had a residual maturity of less than five years.

During the second quarter, it said, the central government raised Rs 4,06,000 crore through dated securities, against the notified amount of Rs 4,22,000 crore in the borrowing calendar, while repayments were at Rs 92,371.15 crore.

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PTI/ The Telegraph, 28 December, 2022, https://www.telegraphindia.com/business/central-government-total-liabilities-increase-to-rs-147-trillion-in-september-end/cid/1906269
 

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