**Executive Summary**
This document presents the Central Government Debt (CGD) data for the period of Oct/23 - Dec/23. It shows the latest data, previous data, and percentage change, as well as the fiscal sector details. The data provided includes external debt, internal debt, other liabilities, and guaranteed debt.
**Key Points / Main Content**
*General Government Debt (CGD)*
* **Public Debt (2+3):** ₹1,51,70,631.54 crore (1.9% increase)
* **External Debt:** ₹9,72,320.31 crore (4.5% increase)
* **Internal Debt:** ₹1,41,98,311.23 crore (1.8% increase)
* **Other Liabilities:** ₹18,43,124.94 crore (2.4% increase)
* **Total Debt (1+4):** ₹1,70,13,756.48 crore (2.0% increase)
* **Total Guaranteed Debt:** ₹4,63,253.51 crore (0.3% increase)
* **Outstanding Guaranteed Debt:** ₹4,45,348.56 crore (0.3% increase)
*Central Government Debt Breakdown (Q4 2023)*
* **Internal Debt:** ₹1,41,98,311.23 crore (1.8% increase) including:
* Market Loans: ₹1,00,39,719.13 crore (1.6% increase)
* 91 day Treasury Bills: ₹1,27,351.18 crore (-27.3% decrease)
* 14 day Treasury Bills: ₹1,92,791.78 crore (77.5% increase)
* 182 day Treasury Bills: ₹2,27,890.50 crore (-22.0% decrease)
* 364 day Treasury Bills: ₹4,93,909.09 crore (7.8% increase)
* Gold Bonds: ₹72,341.18 crore (12.9% increase)
* Compensation & Other Bonds: ₹86,762.74 crore (-6.3% decrease)
* Securities issued to International Financial Institutions: ₹99,178.08 crore (1.8% increase)
* Securities against Small Savings: ₹25,50,715.93 crore (2.8% increase)
* Special Securities Issued to Public Sector Banks: ₹2,90,947.60 crore (0.0% change)
* **External Debt:** ₹9,72,320.31 crore (4.5% increase)
* **Public Account - Other Liabilities:** ₹18,43,124.94 crore (2.4% increase) including:
* National Small Savings Fund: ₹4,86,000.00 crore (1.5% increase)
* State Provident Funds: ₹2,57,961.19 crore (0.0% change)
* Other Accounts: ₹3,96,917.15 crore (-2.9% decrease)
* Reserve Funds & Deposits: ₹7,02,246.60 crore (7.5% increase)
* **Total Debt:** ₹1,70,13,756.48 crore (2.0% increase)
* **Total Guaranteed Debt:** ₹4,63,253.51 crore (0.3% increase)
* **Outstanding Guaranteed Debt:** ₹4,45,348.56 crore (0.3% increase)
**Impact Analysis**
* **Ministry of Finance, Department of Economic Affairs, Budget Division:**
* **Impact:** Responsible for disseminating and monitoring the data related to Central Government Debt.
* **Action Required:** Continue to compile and publish the SDDS NSDP data on a quarterly basis.
* **Government of India:**
* **Impact:** The data reflects the overall financial health and debt obligations of the government.
* **Action Required:** Utilize the data for policy making and fiscal management.
* **Stakeholders investing in Government Securities**
* **Impact:** Need to use the information to asses the risk profile of their investments
* **Action Required:** Review their portfolios based on the updated information.
Key Entities Referenced
Central Government Debt [CGD]: Key subject of the data, covering public, external, and internal debt.
Special Data Dissemination Standard [SDDS]: Framework under which the data is being disseminated.
National Small Savings Fund: Part of Public Account Other Liabilities
Ministry of Finance. Department of Economic Affairs. Budget Division.: The issuing department for the data.
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/23 - Dec/23 1,51,70,631.54 1,48,83,590.82 previous to 1.9%
2. External debt ₹ Crore Oct/23 - Dec/23 9,72,320.31 9,30,633.82 4.5%
3. Internal debt ₹ Crore Oct/23 - Dec/23 1,41,98,311.23 1,39,52,957.00 1.8%
4. Other liabilities^^ ₹ Crore Oct/23 - Dec/23 18,43,124.94 17,99,362.78 2.4%
5. TOTAL DEBT (1+4) ₹ Crore Oct/23 - Dec/23 1,70,13,756.48 1,66,82,953.60 2.0%
Guaranteed debt
I. Total guaranteed debt ₹ Crore Oct/23 - Dec/23 4,63,253.51 4,61,662.46 0.3%
II. Outstanding guaranteed debt ₹ Crore Oct/23 - Dec/23 4,45,348.56 4,44,073.26 0.3%
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 2023 1,00,39,719.13 98,77,039.10 1.6%
(ii) Market loans in course of repayment Crore of ₹ Q4 2023 16.07 16.07 0.0%
(iii) Market Stabilisation Bills / Bonds (Face Value) Crore of ₹ Q4 2023 0.00 0.00
(iv) 91 day Treasury Bills Crore of ₹ Q4 2023 1,27,351.18 1,75,177.06 -27.3%
(v) 91 day T.Bs funded into Spl Securities Crore of ₹ Q4 2023 0.00 0.00
(vi) Special Securities converted into Marketable Crore of ₹ Q4 2023 16,687.95 16,687.95
Securities 0.0%
(vii) Other Special Securities issued to RBI Crore of ₹ Q4 2023 0.00 0.00
(viii) 14 day Treasury Bills Crore of ₹ Q4 2023 1,92,791.78 1,08,617.25 77.5%
(ix) 182 day Treasury Bills Crore of ₹ Q4 2023 2,27,890.50 2,92,117.72 -22.0%
(x) Market stabilisation Scheme Crore of ₹ Q4 2023 0.00 0.00
(xi) Ways and Means Advances Crore of ₹ Q4 2023 0.00 0.00
(xii) 364 day Treasury Bills Crore of ₹ Q4 2023 4,93,909.09 4,58,022.68 7.8%
(xiii) Gold Bonds ^ Crore of ₹ Q4 2023 72,341.18 64,095.71 12.9%
(xiv) Compensation & other bonds ## Crore of ₹ Q4 2023 86,762.74 92,562.13 -6.3%
(xv) Securities issued to International Financial Institutions Crore of ₹ Q4 2023 99,178.08 97,387.57
1.8%
(xvi) Securities against Small Savings Crore of ₹ Q4 2023 25,50,715.93 24,80,286.16 2.8%
(xvii) Cash Management Bills Crore of ₹ Q4 2023 0.00 0.00
(xviii) Special Securities Issued to Public Sector Banks Crore of ₹ Q4 2023 2,90,947.60 2,90,947.60 0.0%
Total-Internal debt Crore of ₹ Q4 2023 1,41,98,311.23 1,39,52,957.00 1.8%
2. External debt # Crore of ₹ Q4 2023 9,72,320.31 9,30,633.82 4.5%
Total Public debt Crore of ₹ Q4 2023 1,51,70,631.54 1,48,83,590.82 1.9%
B. Public Account - Other Liabilities Crore of ₹ Q4 2023 18,43,124.94 17,99,362.78 2.4%
1. National Small Savings Fund ^^ Crore of ₹ Q4 2023 4,86,000.00 4,79,022.87 1.5%
2. State Provident Funds Crore of ₹ Q4 2023 2,57,961.19 2,58,067.18 0.0%
3. Other Accounts Crore of ₹ Q4 2023 3,96,917.15 4,08,765.26 -2.9%
(i) Special Deposits of Non-Government Provident Crore of ₹ Q4 2023 97,839.72 98,877.05
Funds,etc. -1.0%
(ii) Other items. Crore of ₹ Q4 2023 2,99,077.43 3,09,888.21 -3.5%
4. Reserve Funds & Deposits Crore of ₹ Q4 2023 7,02,246.60 6,53,507.47 7.5%
(i) Bearing interest Crore of ₹ Q4 2023 2,79,348.64 2,76,615.06 1.0%
(ii) Not bearing interest Crore of ₹ Q4 2023 4,22,897.96 3,76,892.41 12.2%
TOTAL DEBT Crore of ₹ Q4 2023 1,70,13,756.48 1,66,82,953.60 2.0%
Guaranteed debt
(i) Total guaranteed debt Crore of ₹ Q4 2023 4,63,253.51 4,61,662.46 0.3%
(ii) Outstanding guaranteed debt Crore of ₹ Q4 2023 4,45,348.56 4,44,073.26 0.3%
Note: * Current, ** Previous, ***Q4= Fourth Quarter (Oct-Dec 2023)
https://dea.gov.in/central-government-borrowings
# Includes net cumulative SDR allocation from March 2004 onwards(Crore of ₹) 184493.31 180569.82
^ Includes Gold Monetisation Scheme ## Includes Special Securities issued against POLIF
^^ including Investment in -
(i) Special Securities of States under NSSF (Current Quarter): 333264.94 (ii) NSSF Investments in public agencies (Current Qtr): 85000.00
EBR and cash balance not adjusted in Total Debt