(US $ Million)

Item

June-02

Sept-02

Dec-02

Mar-03

June-03

1

2

3

4

5

6

I. MULTILATERAL

32297

32126

32564

29928

30197

A. Government borrowing

29211

29096

29793

27234

27577

     i) Concessional

20733

20735

21232

21549

21861

      a) IDA

20447

20446

20931

21247

21548

      b) Others

286

289

301

302

313

ii) Non-concessional

8478

8361

8561

5685

5716

      a) IBRD

5716

5608

5633

4002

4016

      b) Others

2762

2753

2928

1683

1700

B. Non-Government borrowing

3086

3030

2771

2694

2620

     i) Concessional

0

0

0

0

0

ii) Non-concessional

3086

3030

2771

2694

2620

      a) Public sector

2087

2081

1914

1926

1843

           IBRD

1174

1085

914

922

939

           Others

913

996

1000

1004

904

      b) Financial institutions

765

746

745

658

667

           IBRD

214

207

200

123

111

           Others

551

539

545

535

556

      c) Private sector

234

203

112

110

110

           IBRD

190

159

66

63

63

           Others

44

44

46

47

47

II. BILATERAL

16592

16239

16630

16812

17034

A. Government borrowing

12397

12174

12436

12651

12866

     i) Concessional

12280

12057

12319

12534

12779

ii) Non-concessional

117

117

117

117

87

B. Non-Government borrowing

4195

4065

4194

4161

4168

     i) Concessional

1594

1579

1634

1676

1679

      a) Public sector

1002

998

1038

1075

1065

      b) Financial institutions

592

581

596

601

614

      c) Private sector

0

0

0

0

0

ii) Non-concessional

2601

2486

2560

2485

2489

      a) Public sector

1122

1099

1163

1109

1141

      b) Financial institutions

820

773

778

751

711

      c) Private sector

659

614

619

625

637

III. INTERNATIONAL

      MONETARY FUND

0

0

0

0

0

IV. EXPORT CREDIT

5354

4959

5003

4951

5019

      a) Buyers’ credit

3193

2842

2842

2815

2880

      b) Suppliers’ credit

1093

1069

1090

1046

1028

      c) Export credit component

           of bilateral credit

1068

1048

1071

1090

1111

      d) Export credit for

           defence purchases

0

0

0

0

0

V. COMMERCIAL BORROWING

23098

22507

22417

22316

23449

     a) Commercial bank loans #

9880

9702

9789

9884

10346

     b) Securitized borrowings ##

12702

12298

12125

11917

12485

          (inclu. IDBs and FCCBs)

     c) Loans/securitized

          borrowings, etc.

          with multilateral/bilateral

          guarantee and IFC(W)

516

507

503

515

618

     d) Self Liquidating Loans

0

0

0

0

0

VI. NRI & FC(B&O) Deposits

18617

20794

21849

23160

25441

      (above one-year maturity)

      a) NRI deposits @

18617

20794

21849

23160

25441

      b) FC(B&O) deposits

0

0

0

0

0

VII. Rupee Debt *

2911

2804

2802

2815

2604

      a) Defence

2588

2478

2498

2508

2297

      b) Civilian

323

326

304

307

307

VIII. TOTAL LONG-TERM DEBT

98869

99429

101265

99982

103744

      (I to VII)

IX. SHORT-TERM DEBT

3092

3048

3837

4569

5834

      a) NRI deposits @@

          (up to 1 year maturity)

1242

946

1747

1962

2316

      b) FC(B&O)D

          (up to 1 year maturity)

0

0

0

0

0

      c) Others (trade related) **

1850

2102

2090

2607

3518

          of which short-term debt

          of 6 months

X. GROSS TOTAL(VIII+IX)

101961

102477

105102

104551

109578

Memo Items

Concessional Debt***

37518

37175

37987

38574

38923

As % of Total Debt

36.8

36.3

36.1

36.9

35.5

Short Term Debt

3092

3048

3837

4569

5834

As % of Total Debt

3.0

3.0

3.7

4.4

5.3

IFC(W):International Finance Corporation(Washington)
FC(B&O) Deposits:Foreign Currency(Banks & Others)Deposits
#: Includes financial lease since 1996.
##: Includes Resurgent India Bonds (RIBs), India Millenium Deposits (IMDs).
Also includes Foreign Currency Convertible Bonds (FCCBs) and net investment by 100% FII debt funds.
FCCB debt has been adjusted since End-March,1998 after netting out conversion into equity and redemptions.
@ The estimated NRI deposits do not include Non-Resident Non-Repatriable Deposits(NRNRD) which is not repatriable and which has been discontinued w.e.f.April 1,2002.
@@ Figures include accrued interest.
However,interest service for NRNRD,which is repatriable,is included as part of debt service payment.
* Rupee denominated debt owed to Russia and payable through exports.
** This does not include suppliers’ credit of up to 180 days since end-March 1984
*** The definition of concessional debt here includes concessional categories under multilateral and bilateral debt and rupee debt under item VII.
Note:
1) Data for quarter ended December 2002 and March 2003 are revised.
2) Data for quarter ended June 2003 are quick estimates.