Govt bonds issuance jumped to Rs. 64,192 cr.

CONTEXT:

  • The issuances of government-fully serviced bonds (GoI-FSBs) rose to₹64,192 crore in the year ended March 2019 as compared to ₹15,095 crore during the last fiscal.
  • These borrowings are estimated to have accounted for 0.34% of GDP forFY19 as compared to 0.09% of GDP for FY18.
  • The total outstanding value of these GoI-FSBs stood at ₹88,454 crore atthe end of FY19, according to Icra.
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