Lower government borrowing in H1 to cool bond yields

March 29, 2024

On Wednesday, the Reserve Bank of India (RBI) said the Centre would borrow ₹7.5 lakh crore through bonds in the first six months of FY25. Bond sales in April-September represent 53% of the government’s gross borrowing target of ₹14.13 lakh crore for the next fiscal, much lower than 63% last year.

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