The government's total liabilities rose to Rs 125.71 lakh crore in the September quarter from Rs 120.91 lakh crore in the three months ended June.
The increase indicates a quarter-on-quarter increase of 3.97 percent in the July-September period of 2021-22. The public debt accounted for 91.15 percent of the total outstanding liabilities in the September quarter compared to 91.60 percent at the end of June.
Nearly 30.56 percent of the outstanding dated securities had a residual maturity of less than 5 years. The ownership pattern showed the share of commercial banks at 37.82 per cent and that of insurance companies at 24.18 per cent in the September quarter.
As per the report, the yields on Government Securities hardened in the secondary market due to an increase in the supply of such securities during the September quarter.
In the secondary market, trading activities were concentrated in the 3–7-year maturity bucket during the September quarter, mainly because of less trading observed in 10-year benchmark securities due to low float.
