<h1>Government Achieves FY17 Borrowing Target with Rs. 80,000 Crore Issuance; Public Debt Falls 1.9% in Q4.</h1> The Quarterly Report on Debt Management for January-March 2017 (Q4 FY17) details the government's issuance of Rs. 80,000 crore in dated securities, completing its revised borrowing target of Rs. 582,000 crore for FY17. The government maintained a surplus cash position, reducing market borrowing by Rs. 18,000 crore and utilizing Rs. 30,982.787 crore for buy-backs. The weighted average maturity and yield of issuances were 15.01 years and 6.75%, respectively. Public debt decreased by 1.9% from the previous quarter, with internal debt constituting 92.6% of public debt. Rollover risk remains low with 25% of debt maturing within five years. Market yields rose mid-quarter due to monetary policy changes and global economic factors.