Government Borrowing

The spreads beyond 10-year bond yield have widened and the curve has steepened

Higher gross market borrowing may lead to increase G-sec yield

In union Budget 2025, gross market borrowing numbers announced by the government was around 6 percent higher for next financial year, as compared to current fiscal year.

Higher redemptions of bonds in FY26 leads to around 6% rise in gross government borrowing

In the first half of current financial year, the Centre has borrowed nearly Rs 7 lakh crore and plans to borrow Rs 6.61 lakh crore in the second half.

Budget 2025: Government may announce Rs 14-15 lakh crore market borrowings via bonds

In July, 2024, Finance Minister Nirmala Sitharaman announced the gross borrowing target from the markets in 2024-25 of Rs 14.01 lakh crore to finance its fiscal deficit of 4.9 percent of the GDP.

India’s short-term borrowing costs dip to lowest since 2022

The yield on the 364-day treasury bill dipped to 6.7240% in an auction on Wednesday, the least since September 2022. The yield on other very short-dated papers also dipped.

In 8 charts: Govt's interest cost share in GDP beats capex outlay share in FY24; what's driving this surge?

The share of interest payments to GDP was 3.6 percent, while the share of the capex outlay was 3.2 percent in FY24, according to a Crisil report, on rising interest expenses.

Indian bond yields may soften post marginal cut in gross govt borrowing, fiscal deficit

Finance Minister Nirmala Sitharaman in a speech presenting the full Budget for 2024-25, said the Centre marginally cut the gross borrowing target from the markets in 2024-25 to Rs 14.01 lakh crore to finance its fiscal deficit of 4.9 percent of the GDP.

Govt unlikely to change borrowing numbers in upcoming Budget despite record RBI dividend: Experts

In the interim budget on February 1, the central government said it would borrow Rs 14.13 lakh crore from the markets in 2024-25 in gross terms to finance its fiscal deficit of 5.1 percent of the GDP.

Centre to borrow Rs 7.5 lakh crore via dated securities in H1FY25

In April-September, the size of the weekly government bond auctions will range from Rs 22,000 crore to Rs 38,000 crore.

Interim Budget brings cheer to bond markets

The RBI will leverage on the fiscal restraint shown by the central government and is likely to deliver rate cuts in the second half of FY25

Interim Budget 2024: Market borrowing likely to remain in the Rs 15-16 lakh crore range, say experts

The interim Budget for the fiscal year 2024-25 will be presented by Finance Minister Nirmala Sitharaman on February 1

Budget 2024 | Government likely to announce gross market borrowing of Rs 15-16 lakh crore for FY25

The interim Budget for the fiscal year 2024-25 will be presented by Finance Minister Nirmala Sitharaman on February 1.

Centre to borrow Rs 8.88 lakh crore via bonds in first half of 2023-24

The government does not plan to issue any Green Bonds in April-September, the finance ministry said

MTM losses on banks' AFS bond portfolio to remain lower in Q4 as yields stabilise, say experts

However, some non-SLR portfolios may see a rise in MTM losses as spread on these instruments has widened by 5-7 bps, they said.

Budget 2023: Government bond yield set to trend towards 7%, say experts

Easing of inflation and lower-than-expected government borrowings in the next financial year could take the benchmark bond yield to 7.10-7.20 percent, experts said.

Budget 2023 | Centre to borrow record Rs 15.43 lakh crore via bonds in FY24

Union Budget 2023: The Centre's borrowing is among the most important determinants of interest rates in the economy. Higher-than-expected government borrowings can push up rates for all bond issuers, sovereign and corporate

Budget 2023: Centre may fix FY24 fiscal deficit target at 5.9% of GDP, borrow Rs 15.5 lakh crore

The central government may continue to tread the path of gradual fiscal consolidation and lower the deficit by 50 basis points, say economists.

We expect fiscal deficit at 5.8-5.9% of GDP in FY24, says Mirae Assets’ Mahendra Jajoo

The upcoming Union Budget would likely remain focused on growth as concerns about inflation diminish, says the Chief Investment Officer – Fixed Income at the fund house.

CPI inflation may ease to around 5.3% in FY24, says HDFC Bank's Swati Arora

Upside risks to inflation could emanate from rising Covid cases in China, and if cases in India rise as well, that could again disrupt supply chains.

Year-ender: Better fundamentals likely to keep bond yields range-bound next year

The yield on the 10-year benchmark government bond should hover around the 7.25-7.50 percent mark and may ease below this range as most negatives are already factored in

Government to announce higher borrowing in next budget to spend on public works, say experts

The need to spend on public works and highlight its development objectives may prompt the government to borrow more in the next budget.

Govt cuts FY23 borrowing marginally, to sell Rs 5.92 lakh crore of bonds in October-March

The central government will also issue the much-awaited Green Bonds as part of its borrowing programme in the second half of the financial year.

RBI MPC Meet | Repo rate to increase to 5.50% by FY24 end: Deutsche Bank

The bank welcomed the restoration of the LAF corridor at 50bps and also raised an important question about RBI supporting government borrowing.

Network 18 Exclusive | Framework for Green Bonds likely by May end

CNBC-TV18 has learnt from sources that both the government and the Reserve Bank of India are likely to be ready with the framework for issuing green bonds by the end of May.