Government Liabilities Rise By Rs 2.2 Lakh Crore In July-September

INSUBCONTINENT EXCLUSIVE:
government increased to Rs 82 lakh crore at end-September from Rs 79.8 lakh crore at end-June this year, latest data on public debt showed
on Monday.Public debt accounted for 89.3 per cent of total outstanding liabilities at end-September 2018 with the share of internal debt
Quarterly Report on Public Debt Management, released by the Finance Ministry.The holding pattern indicates a share of 41.4 per cent for
commercial banks and 24.6 per cent for insurance companies by end-September 2018.G-Sec yields have shown a hardening trend in second quarter
of the fiscal with the increase in weighted average yield of primary issuances to 8.01 per cent from 7.76 per cent since the last quarter,
rupee against the US dollar and rate hikes by US Fed and the Reserve Bank"."Central government dated securities continued to account for a
major share of total trading volumes in the secondary market, with a share of 85 per cent in total outright trading volumes in value terms
during Q2 of FY19," the report said.During July-September quarter of the fiscal, the Central government issued dated securities worth Rs
Cash Management Bills amounting to Rs 20,000 crore during the quarter, it added.