Centre plans to borrow Rs 7.5 trillion from market in H1-2024-25

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New Delhi [India], March 27 (ANI): The central government plans to raise Rs 7.5 trillion through market borrowing in the first half of 2024-25 (April-September), an official release from the finance ministry said on Wednesday...

Out of Gross Market borrowing target of Rs 14.13 lakh crore projected for financial year 2024-25 in the Union budget, Rs 7.50 lakh crore, or about 53.08 per cent, is planned to be borrowed in the first half through dated securities...

This phenomenon began in 2016 with the Poland government issuing its first sovereign green bond.. Further, based on market feedback and in line with global market practices, it has been decided to introduce a new dated security of 15-year tenor, the finance ministry said...

The projected market borrowing for 2024-25 is reportedly lower than last fiscals gross borrowing estimate of Rs 15.43 trillion, an all-time high...

The gross and net market borrowings through dated securities during 2024-25 are estimated at Rs 14.13 and Rs 11.75 lakh crore respectively, Union Finance Minister Nirmala Sitharaman had said in the interim Budget speech...

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