Issue of Certificate of Deposits by Scheduled Commercial Banks
| Fortnight | | Total | Rate of Discount | | Fortnight | | Total | Rate of Discount | ended | | Outstanding | (per cent) @ | | ended | | Outstanding | (per cent) @ |
| 1997 | | | | | 1998 | | | | | | | | | | | | | | | | | | | | | | Jan | 3 | 10,643 | 8.00 - 15.00 | | Jan | 2 | 6,876 | 6.50 - 11.75 | | 17 | 10,507 | 8.00 - 16.50 | | | 16 | 7,087 | 7.00 - 13.00 | | 31 | 10,759 | 8.50 - 16.00 | | | 30 | 9,732 | 7.00 - 26.00 | | | | | | | | | | Feb | 14 | 10,936 | 8.50 - 16.00 | | Feb | 13 | 9,921 | 6.50 - 37.00 | | 28 | 11,226 | 8.75 - 17.15 | | | 27 | 12,313 | 8.75 - 26.00 | | | | | | | | | | Mar | 14 | 11,867 | 8.25 - 15.50 | | Mar | 13 | 13,414 | 8.25 - 26.00 | | 28 | 12,134 | 7.00 - 15.75 | | | 27 | 14,296 | 7.20 - 26.00 | | | | | | | | | | Apr | 11 | 12,399 | 7.00 - 15.00 | | Apr | 10 | 14,584 | 8.25 - 24.00 | | 25 | 11,964 | 8.50 - 14.25 | | | 24 | 13,888 | 8.00 - 26.00 | | | | | | | | | | May | 9 | 11,054 | 8.50 - 14.25 | | May | 8 | 11,351 | 7.50 - 16.50 | | 23 | 11,037 | 7.75 - 14.25 | | | 22 | 10,920 | 6.00 - 16.50 | | | | | | | | | | June | 6 | 9,177 | 8.00 - 14.30 | | June | 5 | 10,945 | 6.00 - 13.25 | | 20 | 10,103 | 8.50 - 14.30 | | | 19 | 9,754 | 6.50 - 13.65 | | | | | | | | | | July | 4 | 9,219 | 8.00 - 14.30 | | July | 3 | 7,886 | 6.00 - 12.75 | | 18 | 8,850 | 7.50 - 13.70 | | | 17 | 7,287 | 8.00 - 12.50 | Aug | 1 | 8,672 | 7.50 - 12.00 | | | | | | | 15 | 8,869 | 7.25 - 12.50 | | | | | | | 29 | 8,419 | 7.00 - 14.00 | | | | | | | | | | | | | | | Sept | 12 | 7,871 | 7.30 - 12.50 | | | | | | | 26 | 7,795 | 7.00 - 12.50 | | | | | | | | | | | | | | | Oct | 10 | 7,572 | 7.50 - 12.00 | | | | | | | 24 | 7,441 | 7.75 - 12.50 | | | | | | | | | | | | | | | Nov | 7 | 8,517 | 7.00 - 12.50 | | | | | | | 21 | 6,884 | 6.25 - 11.25 | | | | | | | | | | | | | | | Dec | 5 | 6,901 | 5.00 - 11.50 | | | | | | | 19 | 6,607 | 6.50 - 11.50 | | | | | |
@ Effective Discount rate range per annum. |