Govt raises Rs 4,06,000 cr via dated securities in Q2
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New Delhi: The Government raised Rs 4,06,000 crore through dated securities as against notified amount of Rs4,22,000 crore in the borrowing calendar, according to the quarterly report on debt management for July-September released by the finance ministry on Tuesday.Repayments stood at Rs 92,371.15 crore, as per the reports.
The weighted average yield of primary issuances hardened to 7.33 per cent in the second quarter of the current fiscal from 7.23 per cent in first quarter of 2022-23.The weighted average maturity of new issuances of dated securities was lower at 15.62 years in the second quarter of the current fiscal as compared to 15.69 years in first quarter of 2022-23.
During July-September 2022, the Government did not raise any amount through the cash management bills, according to the report.
The Reserve Bank of India did not conduct Open Market operations for government securities during the quarter, it informed further.The net daily average liquidity absorption by RBI under Liquidity Adjustment Facility (LAF), including Marginal Standing Facility and Special Liquidity Facility, was at Rs 1,28,323.37 crore during the quarter.
