USDINR Trading Fundamentals
The government plans to borrow Rs 3.49 lakh crore in H1 FY14
The government plans to borrow Rs 3.49 lakh crore - about
60 per cent of the total borrowing - in the first half (April-September) of
FY14.
During the first half of FY13, the government had borrowed Rs 3.7
lakh crore - around 66 per cent of the total borrowing for the financial year.
The government's gross market borrowing through
government securities in FY14 is estimated to be Rs 5.79 lakh crore, compared
with Rs 5.58 lakh crore for FY13.
According to estimates, the Reserve Bank of
India (RBI) may auction government bonds worth Rs 15,000 crore every week
during the April-September 2013-14 period.
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