Apart from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government’s cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
Global Market: Amazon diversifies debt funding with first Sterling bond offering
Amazon has launched its first sterling-denominated bond sale, with four maturities ranging from three to 19 years, as hyperscalers diversify funding sources to finance heavy