States Stretch Debt Repayment Dates to Ease Pressure
States are lengthening the maturities of their debt, which pushes back the dates they must repay. The move assumes significance amid persistent fiscal pressures and rising borrowing requirements, and it aims to ease repayment pressure for state governments.
Context
Context: A state's debt maturity is the date its bonds or loans must be paid back, so longer maturities spread payments over more years. States borrow heavily to fund schemes and infrastructure, and the Centre tracks their finances closely.
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