The authorities`s general liabilities rose to ₹ 150.ninety five lakh crore in December region from ₹ 147.19 lakh crore withinside the 3 months ended September 2022, in line with the modern-day public debt control document. The boom displays a region-on-region boom of 2.6 consistent with cent in October-December 2022-23.
In absolute terms, the whole liabilities, inclusive of liabilities beneathneath the 'Public Account' of the authorities, jumped to ₹ 1,50,ninety five,970.eight crore on the stop of December 2022. As of September 30, the whole liabilities stood at ₹ 1,47,19,572.2 crore.
The document launched via way of means of the finance ministry on Saturday stated public debt accounted for 89 consistent with cent of the whole fantastic liabilities in December region, as in comparison to 89.1 consistent with cent on the stop of September.
Nearly 28.29 consistent with cent of the fantastic dated securities had a residual adulthood of much less than five years.
During Q3 of FY23, it stated, the Centre raised an quantity worth ₹ 3,51,000 crore thru dated securities, as in opposition to notified quantity of ₹ 3,18,000 crore withinside the borrowing calendar.
During the region an quantity of ₹ 85,377.nine crore due for redemption turned into repaid on adulthood date, it stated.
Weighted common yield of number one issuances hardened to 7.38 consistent with cent in Q3 FY23, from 7.33 consistent with cent in Q2 of FY23, it added.
The weighted common adulthood of recent issuances of dated securities elongated to 16.fifty six years in Q3 of FY23, in comparison to 15.sixty two years in Q2 of FY23.
During October-December 2022, it stated, the authorities did now no longer increase any quantity thru the Cash Management Bills.
The Reserve Bank did now no longer behavior Open Market operations for authorities securities in the course of the region.
The internet day by day common liquidity absorption via way of means of RBI beneathneath Liquidity Adjustment Facility (LAF) inclusive of Marginal Standing Facility and Special Liquidity Facility turned into at ₹ 39,604 crore in the course of the region, the document stated.
With regard to the yield, the document stated, hobby charge on 10-12 months benchmark safety softened from 7.forty consistent with cent on the near of the region on September 30, 2022 to 7.33 consistent with cent on the near on December 30, 2022, hence softening via way of means of 7 bps in the course of the region.
On December 7, 2022 the Monetary Policy Committee (MPC) determined to hike the coverage repo charge via way of means of 35 bps, from five.ninety consistent with cent to 6.25 consistent with cent in large part with an goal to comprise inflation.
On February eight, the Reserve Bank hiked the important thing benchmark coverage charge via way of means of 25 foundation factors to 6.five consistent with cent, bringing up sticky middle inflation.
