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Government's financial obligation has actually increased marginally throughout the very first quarter of the present fiscalGovernment's liabilities stood at Rs 1,20,91,193 crore at the end of the first quarter of the existing fiscal year versus Rs 1,16,21,781 crore at the end of the 4th quarter of 2020-21, therefore showing a quarter-on-quarter increase of 4.04 per cent.According to the quarterly public debt management report released by the Ministry of Financing for the June quarter period of the current financial, public financial obligation comprised of 91 per cent of the government's total impressive liabilities by the end of the first quarter.Apart from this, practically 29 per cent of exceptional outdated securities showed a residual maturity of less than five years and based on the ownership pattern, commercial banks' share was practically 36 per cent while insurance companies had a share of 25 per cent till completion of the first quarter of 2021-22.

Meanwhile in the same duration, federal government issued outdated securities worth Rs 3.46 crore and the repayment stood at Rs 1.05 crore.

The weighted average maturity of freshly released outdated securities stood higher at nearly 17 years in June-end quarter of current financial, compared to 13.3 years in the 4th quarter of 2020-21.

During the June quarter of 2021-22, the Centre did not raise funds through money management expenses, the report said.It further noted that the Reserve Bank of India started 3 free market purchase under Government Securities Acquisition Programme (GSAP 1.0).

This remained in addition to one special open market operation which included synchronised purchase and sale of government securities during the June-end duration of the present financial year.





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