Press Information Bureau

Government of India

Ministry of Finance

02-May-2012 15:44 IST

Quarterly Report on Public Debt Management for the Quarter Jan-Mar 2012 Released

The Central Government Today Released The Report Pertaining To The Quarter Jan-March 2012 On Public Debt Management. Since September 2010, Department Of Economic Affairs, Ministry Of Finance Has Been Bringing Out A Quarterly Report On Debt Management.

The Report Is Divided Into Five Sections. Section 1 Briefly Describes The Macroeconomic Environment During The Quarter – Growth, Inflation, Capital Flows Etc.,- That Have A Bearing On Debt Markets. Section 2 Details Debt Management Operations In The Primary Market During The Quarter – Government’s Financing Requirement, Auction Details, Cost And Maturity Of Borrowings, Etc. The Cash Management Operations During The Quarter And Their Rationale Are Explained In Section 3. Section 4 Provides An Account Of Outstanding Debt – Cost And Risk Character, Holding Pattern And Maturity Profile. Finally, Section 5 Details The Secondary Market Activity In The Government Securities Market.

This Report Will Be Published Every Quarter. The Complete Report Of This Quarter Is Enclosed.

DSM/SS/GN

Public debt management report summarises government financing operations, cash management, debt profile and secondary market activity. Release of a quarterly public debt management report summarising Central Government debt policy and market operations in five sections: macroeconomic conditions affecting debt markets; primary market debt management operations including financing requirements, auction details, cost and maturity of borrowings; cash management operations and rationale; outstanding debt accounting emphasising cost, risk, holding pattern and maturity profile; and secondary market activity in government securities. The Department of Economic Affairs will publish this report quarterly to provide transparency on financing strategy and the profile of public debt.