increased debt servicing costs from government bond sales

Govt borrowing through bonds, bills rises fivefold

The government’s borrowing through the sales of treasury bonds and bills jumped fivefold in the last fiscal year, which raised its debt servicing cost compared to the level projected initially.

July 17, 2024
July 17, 2024

Govt borrowing through bonds, bills rises fivefold

The government’s borrowing through the sales of treasury bonds and bills jumped fivefold in the last fiscal year, which raised its debt servicing cost compared to the level projected initially.