Business

Government Liabilities Rise To Rs 128.41 Lakh Crore In The December Quarter


Total government liabilities increased in the current fiscal third quarter

New Delhi:

Total government liabilities increased by 2.15 per cent to Rs 128.41 lakh crore in the third quarter of the current financial year from Rs 125.71 lakh crore in the previous quarter, according to data released by the Finance Ministry on Monday.

Public debt accounted for 91.60 percent of total outstanding liabilities at end -December 2021 compared with 91.48 percent at end -September 2021. Nearly 29.94 percent of outstanding dated securities have remaining maturities of less than 5 years, according to quarterly reports on public debt management.

In the October-December 2021-22 quarter, the Central Government issued dated securities worth Rs 2.88 lakh crore as compared to Rs 2.83 lakh crore in the same quarter last year. In the third quarter of the current financial year, repayments amounted to Rs 75,300 crore.

The weighted average yield of major issues increased to 6.33 percent in the current fiscal third quarter from 6.26 percent in the second quarter of 2021-22. The weighted average maturity of new issues of dated securities was higher at 16.88 years in the current fiscal third quarter compared to 16.51 years in the second quarter of 2021-22, data showed.

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