Key Points
After its last auction in the primary market on January 19, the outstanding amount on a bond maturing in 2063, has risen to 2.04 lakh crore, Reserve Bank of India (RBI) data showed..
RBI said in 2022 that it will review its medium-term debt management strategy.. Mumbai: India's government bond market has witnessed a first, with the outstanding amount on a single sovereign security breaching the 2-lakh-crore mark, demonstrating the finance ministry's tolerance for a much higher borrowing limit through one bond series than what applied to the earlier threshold...
As of January 23, the total outstanding amount for all central government bonds was at 101.9 lakh crore, the latest central bank data showed...
Not only has the previous threshold been crossed for the 2063 bond but also for the 10-year benchmark government security, which currently has an outstanding amount of 1.69 lakh crore..
Amid market speculation of the RBI introducing a new 10-year government bond once the outstanding amount crossed the 1.5 lakh crore mark, the central bank has continued to conduct auctions of the current benchmark paper...
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