Tamil Nadu had an outstanding liability of about ₹5.38 lakh crore at the end of March 2023 on funds raised through the issue of bonds. About 38.5%, or ₹2.07 lakh crore, of the outstanding amounts are coming up for repayment in 1-5 years.
As per a report of the Reserve Bank of India (RBI), State Finances: A Study of Budgets of 2023-24, 28.6% of the outstanding amount was coming up for repayments in 5-10 years. Of the outstanding liability from the issue of bonds at the end of March 2023, 16.4% matures after 20 years, 9.7% between 10-20 years and 6.9% within a year.
