India to Discuss H2 Borrowing on Sept 25
Indian officials will meet next Friday to finalise the government borrowing calendar for the second half of the fiscal year. New Delhi plans to raise 16.09 trillion rupees through bond sales this year.
India plans to raise 7.96 trillion rupees ($83.07B) in gross borrowing during the second half of the fiscal year, with officials set to meet next Friday to finalize the schedule. The upcoming borrowing schedule follows 7.79 trillion rupees raised so far toward a total fiscal target of 16.09 trillion rupees ($167.92 billion). Investors face shifting market dynamics after recent central bank interventions complicated expectations for short-term bond demand.
