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    <title>Government’s Borrowing plan for Second Half of FY 2023-24</title>
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    <description>The government finalised its H2 FY 2023 24 market borrowing to complete outstanding gross market borrowings via 20 weekly auctions across multiple maturities, including inaugural 50 year securities and issuance of Sovereign Green Bonds. It will use greenshoe options and continue switching operations to smooth the redemption profile, completing the balance of budgeted switch amounts in H2. Short term cash needs will be managed through Treasury Bill auctions and a fixed Ways and Means Advances limit set by the Reserve Bank to handle temporary account mismatches.</description>
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    <pubDate>Wed, 27 Sep 2023 09:33:02 +0530</pubDate>
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      <link>https://www.taxtmi.com/news?id=26852</link>
      <description>The government finalised its H2 FY 2023 24 market borrowing to complete outstanding gross market borrowings via 20 weekly auctions across multiple maturities, including inaugural 50 year securities and issuance of Sovereign Green Bonds. It will use greenshoe options and continue switching operations to smooth the redemption profile, completing the balance of budgeted switch amounts in H2. Short term cash needs will be managed through Treasury Bill auctions and a fixed Ways and Means Advances limit set by the Reserve Bank to handle temporary account mismatches.</description>
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