Issuance of government bonds jump to Rs 64,000 crore in FY19: Report
Updated : April 18, 2019 06:21 AM IST
The issuances of government-fully serviced bonds (GoI-FSBs) rose to Rs 64,192 crore in the year-ended March 2019 as compared to Rs 15,095 crore during the last fiscal, says a report.
This borrowings are estimated to have accounted for 0.34 percent of GDP for FY19 as compared to 0.09 percent of GDP for FY18.
The total outstanding value of these GoI-FSBs stood at Rs 88,454 crore at the end of FY19, according to ICRA.