https://www.taxtmi.com/news?id=12731 Public debt management for Q4 FY14 shows slightly higher gross and net market borrowings year-on-year with stable issuance metrics. Auctions largely followed the announced calendar except one cancellation. Weighted average maturity and yield of Q4 issuance remained stable; fiscal-year averages were marginally higher. The government repurchased securities using surplus cash and executed switches to longer tenors, lessening near-term rollover. Total public debt edged down quarter-on-quarter, dominated by internal debt and marketable securities. A notable portion of dated securities has residual maturity up to five years, limiting average annual rollover needs. Secondary-market yields traded within a narrow range and outright turnover rose, supporting liquidity. en-us Tue, 27 May 2014 17:10:06 +0530 Tue, 27 May 2014 17:10:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12731 Public debt management for Q4 FY14 shows slightly higher gross and net market borrowings year-on-year with stable issuance metrics. Auctions largely followed the announced calendar except one cancellation. Weighted average maturity and yield of Q4 issuance remained stable; fiscal-year averages were marginally higher. The government repurchased securities using surplus cash and executed switches to longer tenors, lessening near-term rollover. Total public debt edged down quarter-on-quarter, dominated by internal debt and marketable securities. A notable portion of dated securities has residual maturity up to five years, limiting average annual rollover needs. Secondary-market yields traded within a narrow range and outright turnover rose, supporting liquidity. News - Tue, 27 May 2014 17:10:06 +0530 https://www.taxtmi.com/news?id=12731