<h1>Indian Government Reduces Borrowing, Introduces New 12 and 30-Year Securities; Public Debt Rises by 2.1.</h1> The quarterly report on debt management for October-December 2014 revealed that the Indian government issued dated securities worth Rs. 1,45,000 crore, bringing gross borrowings to Rs. 4,97,000 crore, lower than the previous year's Rs. 5,09,000 crore. Net market borrowing was Rs. 3,61,974 crore, also less than the prior year's Rs. 4,34,629 crore. New securities with 12 and 30-year maturities were introduced, while re-issues continued to enhance market liquidity. The weighted average maturity increased slightly to 14.75 years, and yields declined to 8.24%. Public debt rose by 2.1%, with internal debt comprising 91.9%. The government managed liquidity deficits with cash management bills and ways and means advances.