Centre's liabilities reach Rs. 128.41 lakh cr in Q3
Nearly 25% of the outstanding dated securities had a residual maturity of less than 5 yrs
image for illustrative purpose
New Delhi: The central government's total liabilities rose to Rs128.41 lakh crore in December quarter from Rs125.71 lakh crore in the three months ended September 2021, according to the latest public debt management report.
The increase reflects a quarter-on-quarter increase of 2.15 per cent in October-December 2021-22. In absolute terms, the total liabilities, including liabilities under the 'Public Account' of the government, jumped to Rs1,28,41,996 crore at the end of December 2021. As of September 30, the total liabilities stood at Rs1,25,71,747 crore. The report released by the finance ministry on Monday said public debt accounted for 91.60 per cent of the total outstanding liabilities in December quarter compared to 91.15 per cent at the end of September. Nearly 25 per cent of the outstanding dated securities had a residual maturity of less than 5 years.
The ownership pattern of the central government securities indicates that the share of commercial banks stood at 35.40 per cent at end-December 2021, lower than 37.82 per cent at end-September 2021.
"Share of insurance companies and provident funds at end-December 2021 stood at 25.74 per cent and 4.33 per cent, respectively. Share of mutual funds was 3.08 per cent at the end of quarter December 2021 as against 2.91 per cent at the end of quarter September 2021. Share of RBI went downward at 16.92 per cent at end-December 2021 from 16.98 per cent at end-September 2021," it said.
