Financial Daily from THE HINDU group of publications
Wednesday, Sep 08, 2004
Financial Daily from THE HINDU group of publications Wednesday, Sep 08, 2004 |
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Economy Money & Banking - Debt Market Govt borrowings in April-Sept down at Rs 55,000 cr Our Bureau
New Delhi , Sept. 7 THE Government has completed market borrowings of Rs 55,000 crore till September 3, constituting 36.50 per cent of its gross budgeted borrowings of Rs 1,50,681 crore for the current fiscal. A report prepared by PNB Gilts said that the gross borrowing during April-September last year was Rs 1,06,434 crore. During the next fortnight, the Government aims to borrow Rs 6,000 crore through 5- to 9-year papers and another Rs 4,000 crore by way of 15- to 19-year papers. The Centre's net borrowings have come down to Rs 17,224 crore so far this fiscal, from Rs 77,966 crore during the same period last fiscal.
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