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Issuance of government bonds jump to Rs 64,000 crore in FY19: Report

The issuances of government-fully serviced bonds (GoI-FSBs) rose to Rs 64,192 crore in the year-ended March 2019 as compared to Rs 15,095 crore during the last fiscal, says a report. The purpose of these borrowings has been to meet the expenditure towards various schemes of government by raising extra-budgetary resources (EBR) by various public sector entities (PSEs). GoI-FSBs accounted for significant share of the overall corporate bond issuances during FY19

Read More at Livemint News date : 18 Apr 2019, Thursday

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