Market Borrowing

Greenium refers to the premium that the issuer receives on green bond issuances. Investors are willing to accept lower yields on green bonds due to the sustainable nature of the projects financed by the proceeds

States share of market borrowing to finance deficit rises to 79%

For short-term cash management, states continue to depend on financial accommodation provided by the RBI through ways and means advances, overdrafts and the special drawing facility, an RBI report has said

IRFC to abstain from borrowing in form of debt during FY 2024-25, reveals Budget documents

The move to not borrow from the market comes in the backdrop of the central government increasing its Budgetary allocation to Indian Railways to Rs 2.52 lakh crore, which is 5 percent higher when compared to 2023-24.

Challenges for market borrowings to persist but RBI to ensure smooth completion

RBI also aims to develop mobile application for improving the ease of access for retail investors under the Retail Direct Scheme, according to the annual report.

REC board okays Rs 1.2 lakh cr market borrowing programme for 2023-24

REC will borrow Rs 1,20,000 crore from the market during 2023-24, which includes various types of bonds and loans (Rs 1,05,000 crore), short-term loans (Rs 10,000 crore) and commercial papers (Rs 5,000 crore), it added.

Indian Railway will need to raise around Rs 30,000 crore from asset monetisation in FY24: Sources

Indian Railways missed its asset monetisation target in 2021-22. This is likely to be repeated in 2022-23 as well, when against a target of Rs 57,000 crore, it will likely raise only around Rs 20,000 - 25,000 crore.

Budget 2023 | IRFC's market borrowing in 2023-24 to be nil

IRFC’s financials are strong and it has enough money to continue operations in 2023-24, the railway minister said.

MC Explains | Why the Centre lowered its market borrowing

Deft budget management is the need of the hour as borrowings are at a record high. The government has made a good start on this front. The need to prepare for global and domestic headwinds also behind the move.

Network18 Exclusive: Government's FY23 borrowing could be lower by Rs 65,000 crore

The development comes after the Reserve Bank of India (RBI) announced it will switch short tenor bonds worth Rs 65,000 crore with longer tenor bonds.

Budget 2022: How does the government’s budget impact fiscal deficit and the value of financial assets?

The government has to strike the ‘right’ fiscal-deficit target to keep the economy growing while also keeping it from overheating

Exclusive| Indian Railway Finance Corp raises Rs 1,994 crore in June through 20-yr bonds

The company's bonds have been in high demand following the central government's decision to boost spending on infrastructure projects to lead the country’s post-pandemic economic recovery. The finance arm of the Indian Railways plans to raise over Rs 1 lakh crore in fiscal year 2022.

Bond investors turn eyes towards RBI after record borrowing plan

Investors hope the RBI will support bond prices after record borrowing programme was unveiled by Finance Minister Nirmala Sitharaman

Additional government borrowing is a key step to break the impasse

The clarity in the government announcement should help in reducing uncertainties and anchoring market sentiment over the coming weeks, especially given the intelligent selection of the maturity buckets for the additional borrowing that enjoy strong demand

Increase in net market borrowing to Rs 7.1 lakh crore likely to push pressure on yields

The gross market borrowing for FY20 has come in slightly higher at Rs 7.1 lakh crore, compared to the market expectation of around Rs 6.5 lakh crore.

Govt lowers additional borrowings to Rs 20,000 cr in FY18

"Government has reassessed additional borrowing requirements taking note of revenue receipts and expenditure pattern. Requirement of additional borrowing being reduced from Rs 50,000 crore as notified earlier to Rs 20,000 crore," Economic Affairs Secretary Subhash Chandra Garg tweeted.

Rise in market borrowing could pose challenges, says RBI

Over the years, market borrowings has been a dominant source of financing the Gross Fiscal Deficit. As per RBI records, gross market borrowing of states at Rs 381,980 crore in 2016-17 increased by 29.7 percent over the previous year.

Fiscal fears sticky, will stunt growth noticeably: Axis AMC

Defying the government's confidence to maintain that fiscal deficit target, Rajiv Anand of Axis AMC says, "A 4.6% fiscal deficit is going to be difficult. We are going to see fair amount of slippage as far as growth is concerned."

India surprises with higher borrowing; yields surge

India increased its bond sale target for the financial year to make up for a shortfall in a government scheme for small savers, spooking investors already girding for extra borrowing to fill an anticipated fiscal gap.

Centre advances market borrowing by 4 weeks: FinMin

The finance ministry today said the government will not change its market borrowing target for the first half of the current fiscal (H1FY12) at a meeting of the Monitoring Group on Cash and Debt Management, reports CNBC-TV18.