**Executive Summary**
This document presents Central Government Debt (CGD) data for the fourth quarter of 2021 (Oct-Dec 2021). It compares the latest data with the previous quarter and includes information on public debt, internal and external debt, other liabilities, guaranteed debt, and their components, all expressed in crores of rupees.
**Key Points / Main Content**
* **Central Government Debt (CGD) Overview:**
* Total Debt: 1,28,41,996.46 crore
* Public Debt: 1,17,63,351.43 crore (2.3% increase from previous quarter)
* External Debt: 8,16,829.36 crore (1.4% increase)
* Internal Debt: 1,09,46,522.07 crore (2.3% increase)
* Other Liabilities: 10,78,645.03 crore (0.7% increase)
* **Internal Debt Components:**
* Market Loans: 79,13,184.35 crore
* 91 day Treasury Bills: 2,49,067.17 crore
* Special Securities converted into Marketable Securities: 33,410.99 crore
* 14 day Treasury Bills: 1,40,800.84 crore
* 182 day Treasury Bills: 97,428.42 crore
* 364 day Treasury Bills: 3,46,373.00 crore
* Gold Bonds: 42,507.36 crore
* Compensation & other bonds: 1,03,966.17 crore
* Securities issued to International Financial Institutions: 1,01,217.42 crore
* Securities against Small Savings: 16,32,202.55 crore
* Special Securities Issued to Public Sector Banks: 2,86,347.60 crore
* **Other Liabilities Components:**
* National Small Savings Fund: 1,19,719.81 crore
* State Provident Funds: 2,46,177.36 crore
* Other Accounts: 3,23,791.83 crore
* Reserve Funds & Deposits: 3,88,956.03 crore
* **Guaranteed Debt:**
* Total guaranteed debt: 5,14,496.30 crore (-0.1% decrease)
* Outstanding guaranteed debt: 3,61,404.61 crore (-5.2% decrease)
**Impact Analysis**
**Stakeholders:**
* Ministry of Finance, Department of Economic Affairs, Budget Division
**Impact:**
* Responsible for compiling, analyzing, and disseminating data on Central Government Debt.
**Action Required:**
* Continue monitoring debt levels and ensuring data accuracy for future reporting periods.
* **Stakeholders:** Public Sector Banks and Financial Institutions
**Impact:**
* Hold securities and are involved in various government debt instruments.
**Action Required:**
* Monitor their holdings of government securities and manage their portfolios accordingly.
* **Stakeholders:** General Public and Investors
**Impact:**
* Affected by government borrowing and debt levels, as it impacts fiscal policy and economic stability.
**Action Required:**
* Stay informed about government debt levels and their potential impact on the economy.
Key Entities Referenced
Special Data Dissemination Standard [SDDS] National Summary Data Page [NSDP]: Refers to the IMF's framework for disseminating economic and financial data to the public
Ministry of Finance. Department of Economic Affairs. Budget Division.: The primary entity responsible for the published data on Central Government Debt
Central Government Debt [CGD]: The main subject of the data presented in the document.
Ministry of Finance.Department of Economic Affairs. Budget Division.
Special Data Dissemination Standard [SDDS] National Summary Data Page [NSDP]
Central Government Debt [CGD]
SDDS DATA CATEGORY AND COMPONENT Unit of Period of Latest Data Latest Data Previous Data Percentage
Description change from
1. Public debt (2+3) ₹ Crore Oct/21 - Dec/21 1,17,63,351.43 1,15,01,024.52previous to 2.3%
2. External debt ₹ Crore Oct/21 - Dec/21 8,16,829.36 8,05,551.68 1.4%
3. Internal debt ₹ Crore Oct/21 - Dec/21 1,09,46,522.07 1,06,95,472.84 2.3%
4. Other liabilities ₹ Crore Oct/21 - Dec/21 10,78,645.03 10,70,722.19 0.7%
5. TOTAL DEBT (1+4) ₹ Crore Oct/21 - Dec/21 1,28,41,996.46 1,25,71,746.71 2.1%
Guaranteed debt
I. Total guaranteed debt ₹ Crore Oct/21 - Dec/21 5,14,496.30 5,15,078.28 -0.1%
II. Outstanding guaranteed debt ₹ Crore Oct/21 - Dec/21 3,61,404.61 3,81,332.67 -5.2%
FISCAL SECTOR
FISCAL SECTOR
SDDS DATA CATEGORY AND COMPONENT Foot notes Unit Date of Latest Data Data Observations More info
Description Observation*** Observations Latest Data-1** Metadata Home
Latest Data*
CENTRAL GOVERNMENT DEBT
A. Public debt
1.Internal Debt
(i) Market loans Crore of ₹ Q4 2021 79,13,184.35 76,99,835.14
(ii) Market loans in course of repayment Crore of ₹ Q4 2021 16.20 16.84
(iii) Market Stabilisation Bills / Bonds (Face Value) Crore of ₹ Q4 2021 0.00 0.00
(iv) 91 day Treasury Bills Crore of ₹ Q4 2021 2,49,067.17 2,03,565.80
(v) 91 day T.Bs funded into Spl Securities Crore of ₹ Q4 2021 0.00 0.00
(vi) Special Securities converted into Marketable Securities Crore of ₹ Q4 2021 33,410.99 33,410.99
(vii) Other Special Securities issued to RBI Crore of ₹ Q4 2021 0.00 0.00
(viii) 14 day Treasury Bills Crore of ₹ Q4 2021 1,40,800.84 1,21,435.71
(ix) 182 day Treasury Bills Crore of ₹ Q4 2021 97,428.42 2,55,012.75
(x) Market stabilisation Scheme Crore of ₹ Q4 2021 0.00 0.00
(xi) Ways and Means Advances Crore of ₹ Q4 2021 0.00 0.00
(xii) 364 day Treasury Bills Crore of ₹ Q4 2021 3,46,373.00 3,05,003.00
(xiii) Gold Bonds ^ Crore of ₹ Q4 2021 42,507.36 39,794.97
(xiv) Compensation & other bonds Crore of ₹ Q4 2021 1,03,966.17 1,01,141.90
(xv) Securities issued to International Financial Institutions Crore of ₹ Q4 2021 1,01,217.42 1,02,527.83
(xvi) Securities against Small Savings Crore of ₹ Q4 2021 16,32,202.55 15,47,380.31
(xvii) Cash Management Bills Crore of ₹ Q4 2021 0.00 0.00
(xviii) Special Securities Issued to Public Sector Banks Crore of ₹ Q4 2021 2,86,347.60 2,86,347.60
Total-Internal debt Crore of ₹ Q4 2021 1,09,46,522.07 1,06,95,472.84
2. External debt # Crore of ₹ Q4 2021 8,16,829.36 8,05,551.68
Total Public debt Crore of ₹ Q4 2021 1,17,63,351.43 1,15,01,024.52
B. Other Liabilities Crore of ₹ Q4 2021 10,78,645.03 10,70,722.19
1. National Small Savings Fund Crore of ₹ Q4 2021 1,19,719.81 1,22,631.10
2. State Provident Funds Crore of ₹ Q4 2021 2,46,177.36 2,46,889.22
3. Other Accounts Crore of ₹ Q4 2021 3,23,791.83 3,33,020.05
(i) Special Deposits of Non-Government Provident Crore of ₹ Q4 2021 1,00,573.85 1,00,628.30
Funds,etc.
(ii) Other items. Crore of ₹ Q4 2021 2,23,217.98 2,32,391.75
4. Reserve Funds & Deposits Crore of ₹ Q4 2021 3,88,956.03 3,68,181.82
(i) Bearing interest Crore of ₹ Q4 2021 2,24,100.51 2,20,906.38
(ii) Not bearing interest Crore of ₹ Q4 2021 1,64,855.52 1,47,275.44
TOTAL DEBT Crore of ₹ Q4 2021 1,28,41,996.46 1,25,71,746.71
Guaranteed debt
(i) Total guaranteed debt Crore of ₹ Q4 2021 5,14,496.30 5,15,078.28
(ii) Outstanding guaranteed debt Crore of ₹ Q4 2021 3,61,404.61 3,81,332.67
Note: * Current, ** Previous, ***Q4= Fourth Quarter (Oct - Dec 2021)
https://dea.gov.in/central-government-borrowings
# Includes net cumulative SDR allocation and accrued interest thereon at end-December 2021
^ Includes Gold Monetisation Scheme