The Government’s total liabilities increased 0.8 per cent to Rs 94.62 lakh crore at March-end 2020 as compared to the preceding quarter, a finance ministry report said on Tuesday. Public debt accounted for 90.9 per cent of total outstanding liabilities as on March 31, 2020, said the quarterly report on Public Debt Management.
“Total liabilities (including liabilities under ‘Public Account’) of the Government, as per provisional data, increased to Rs 94,62,265 crore at end-March 2020 from Rs 93,89,267 crore at end-December 2019,” it said.
As per the report, the weighted average yield of primary issuances moderated further to 6.70 per cent during March quarter from 6.86 per cent in October-December.
The proportion of debt (dated securities) maturing in less than one year was lower at 3.90 per cent at end-March 2020. It was 6.64 per cent as on at December 31, 2019.
The proportion of debt maturing within 1-5 years at 25.07 per cent at end-March 2020 was almost close to its level of 25.09 per cent on December 31. Debt maturing in the next five years worked out to around 29.0 per cent of total outstanding debt at end-March 2020.