According to the data released by the Finance Ministry on Monday, the total liabilities of the government increased by 2.15 per cent to Rs 128.41 lakh crore in the third quarter of the current fiscal from Rs 125.71 lakh crore in the previous quarter.
Public debt constituted 91.60 per cent of the total outstanding liabilities at the end of December 2021, as against 91.48 per cent at the end of September 2021. About 29.94 per cent of the outstanding dated securities had residual maturity of less than 5 years as per the quarter. Report on Public Debt Management.
During the October-December quarter of 2021-22, the central government issued dated securities worth Rs 2.88 lakh crore as against Rs 2.83 lakh crore in the corresponding quarter of the previous year. During the third quarter of the current financial year, the repayment stood at Rs 75,300 crore.
The weighted average yield on primary issues increased to 6.33 per cent in Q3 of the current fiscal from 6.26 per cent in Q2 of 2021-22. The data shows that the weighted average maturity of new issuances of dated securities was higher at 16.88 years in the third quarter of the current fiscal as compared to 16.51 years in the second quarter of 2021-22.