Government has released the Quarterly Report on debt management pertaining to the quarter Jan-March 2011, here today. The Middle Office (MO), Department of Economic Affairs in the Ministry of Finance has been bringing out the Quarterly Report on debt management since September 2010. This Report for the quarter Jan-March 2011 is the fourth such report in the series. The report has been placed on the website of Ministry of Finance i.e. www.finmin.nic.in .
The report is divided into five sections. Section 1 briefly describes the macroeconomic environment during the quarter – growth, inflation, capital flows etc. that have a bearing on debt markets. Section 2 details debt management operations in the primary market during the quarter – Government’s financing requirement, auction details, cost and maturity of borrowings, etc. The cash management operations during the quarter and their rationale are explained in Section 3. Section 4 provides an account of outstanding debt – cost and risk character, holding pattern and maturity profile. Finally, Section 5 details the secondary market activity in the Government securities market.
The full Quarterly Report is enclosed herewith.