Govt to borrow Rs 7.24 trn, or 60% of planned amount, till September

Borrowing will be done across yield curve ranging from two-year bonds to 40 years, and including floating rate bonds (FRB)

The government will be raising 60 per cent of its planned market borrowing in the first half, keeping with its practice of front-loading market borrowing.

For fiscal 21-22, the central government will borrow Rs 7.24 trillion by September. This is about 60.06 per cent of the full-year gross borrowing target of Rs 12.05 trillion. Keeping with the usual practice, the borrowing will be done across the yield curve ranging from two-year bonds to 40 years, including using floating rate bonds (FRB), Economic Affairs Secretary Tarun Bajaj said in a media meet on Wednesday evening. The borrowing calendar released on the