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    <title>Quarterly Report on Public Debt Management for the Quarter – January-March 2013 Released; Gross and Net Market Borrowings are Higher than Previous Year By 9.4 Per Cent and 7.1 Per Cent Respectively</title>
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    <description>Gross and net market borrowings in FY13 rose 9.4% and 7.1% respectively; Q4 auctions generally followed the announced calendar although a Rs.12,000 crore auction was cancelled after a review of cash balances. WAM of dated securities issued in Q4 was 13.50 years and weighted average issuance yield fell to 7.95% in Q4 (8.36% for FY13). Government cash remained in surplus in Q4; treasury bill gross issuance served cash management needs but net T-bill issuance declined. Total public debt rose modestly to Rs.40.83 lakh crore, internal debt was 91.1% of public debt, about 31% of dated securities mature within five years, and secondary market trading volumes and turnover ratios increased markedly.</description>
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    <pubDate>Tue, 28 May 2013 16:07:57 +0530</pubDate>
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      <title>Quarterly Report on Public Debt Management for the Quarter – January-March 2013 Released; Gross and Net Market Borrowings are Higher than Previous Year By 9.4 Per Cent and 7.1 Per Cent Respectively</title>
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      <description>Gross and net market borrowings in FY13 rose 9.4% and 7.1% respectively; Q4 auctions generally followed the announced calendar although a Rs.12,000 crore auction was cancelled after a review of cash balances. WAM of dated securities issued in Q4 was 13.50 years and weighted average issuance yield fell to 7.95% in Q4 (8.36% for FY13). Government cash remained in surplus in Q4; treasury bill gross issuance served cash management needs but net T-bill issuance declined. Total public debt rose modestly to Rs.40.83 lakh crore, internal debt was 91.1% of public debt, about 31% of dated securities mature within five years, and secondary market trading volumes and turnover ratios increased markedly.</description>
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      <pubDate>Tue, 28 May 2013 16:07:57 +0530</pubDate>
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