Government Borrowing

Centre to borrow 57.55% of its full-year target in H1FY24: FinMin

The government borrowing programme is scheduled to be completed in 26 weekly tranches of Rs 31,000-39,000 crore each

FY24 borrowings seen at new high, but insurers, softer RBI to help bonds

Sovereign yield curve seen steeper; short-term bonds may gain on likely RBI pivot

Centre likely to borrow record Rs16 trn in fiscal year 2024, shows new poll

The fall in tax revenue and expected slowing economic growth next fiscal year will limit the government's ability to cut borrowing in the near term

Central govt's borrowings may touch Rs 14.8 trillion in FY24: Icra report

Nevertheless, as a proportion of GDP, fiscal deficit is expected to ease to 5.8 per cent from 6.4 per cent

Govt likely to save around Rs 80k crore in FY23 from unused budgeted funds

The government will be saving more than two per cent on the Rs 39.4 trillion budget

Relief for bond mkt on debt supply as govt prunes H2 borrowing plan

The Rs 10,000 cr cut in govt's mkt borrowing obviates the fear of oversupply of paper that typically builds up around Dec end when govt takes stock of its finances for the year

Centre cuts FY23 borrowing target by Rs 10k cr amid robust tax collections

The government will borrow Rs 5.92 trillion, or 41.6 per cent of the new FY23 target, in October-March, including from the issuance of its maiden sovereign green bonds of Rs 16,000 crore

Govt may retain or cut bond borrowings for current fiscal on robust revenue

India may keep its market borrowing plan for the financial year intact, with a recent uptick in revenues likely to lead to a discussion on whether the target can be reduced

Story behind smooth sailing of govt borrowing

Will the dream run continue in the second half of the year too, spreading cheers to the treasury floors and adding to banks' profits?

RBI pegs state govt market borrowing for July-Sept at Rs 2.1 trillion

Actual borrowings and state-wise breakup will be intimated 2-3 days prior to auction day; RBI to try and ensure auctions are held in non-disruptive manner considering mkt conditions

State market borrowings down 23.7% YoY in Q1FY23 on strong cash flows

Icra said a comfortable cash flow position of the state governments was due to a back-ended release of tax devolution to the states in FY2022

No plan to change govt's FY23 borrowing target despite revenue hit: Source

No compromise on capex; consolidated fund to be used if needed, the source said

Govt has no plan for additional borrowing to manage fiscal deficit: Report

This, despite sacrificing revenue on account of reduction in duties on petroleum products and other goods, say official sources

Why pruning general debt to 66% of GDP over next 5 years looks unachievable

An RBI report says even in the best case scenario, general govt debt may not dip below 75% of GDPl and if there are events, it may in fact rise to 90% of GDP by 2026-27

Govt to borrow Rs 8.45 trn from market during April-September period

The Union government is looking to raise Rs 8.45 lakh crore through borrowings in the first half of 2022-23 to fund the revenue gap for reviving the economy, the finance ministry said on Thursday.

Govt to borrow Rs 8.45 trn from market during Apr-Sep period of FY23

Out of gross market borrowing of Rs 14.31 lakh crore estimated for FY2022-23, Rs 8.45 lakh crore is planned to be borrowed in the first half (H1), an official statement said

Centre may not go for 60% borrowing in the first half of FY23

Rethink on proportion on back of Fed tightening, high oil prices

State loan yields likely to rise further despite Centre's help

Even if the G-sec yields remain where they are, if the spreads have to normalise, the SDL cut-offs will need to rise, more so for weaker states

India may cut record 2022-23 market borrowing plan by Rs 60,000 cr: Report

The reduction could be announced before the end of March, the sources said requesting anonymity because of the sensitivity of the matter

Union Budget 2022: Govt borrowing plan may prompt reverse repo hike

15-40 bps raise likely in MPC meeting next week, say market participants