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20. Secondary Market Transactions in Government Securities (Face Value)
81858135

20. Secondary Market Transactions in Government Securities (Face Value)

              (Rs. crore)

      For the Week Ended For the Week Ended

      November 27, 1998
December 4, 1998
    Items Amount YTM (%PA) Amount YTM (%PA)
        Indicative
  Indicative
        Minimum Maximum   Minimum Maximum

1     2 3 4 5 6 7

I. Outright Transactions            
                 
  1. Govt. of India Dated Securities            
    Maturing in the year            
    1998-99 258 8.5719 9.8282 123 9.1320 9.8101
    1999-00 295 9.8226 10.9177 343 9.9897 10.9322
    2000-01 1,040 11.1341 12.5154 614 11.0079 11.3726
    2001-02 163 11.4647 11.7043 212 11.2960 12.5411
    2002-03$ 130 11.6708 11.7167 45 11.6535 11.6729
    2003-04 127 11.7542 11.9709 156 11.7474 12.4609
    2004-07 602 11.4480 12.2066 134 11.9074 12.1722
    2007-08 11 12.1783 12.2049 38 12.1068 12.1980
    Beyond 2008 121 12.1144 12.3090 255 12.0701 12.3086
  2. State Government Securities 19 11.7357 12.4494 9 11.6596 12.6264
  3. 14 Day Treasury Bills 132 4.9889 8.4832 57 6.8809 11.2181
  4. 91 Day Treasury Bills 1,057 7.7201 9.8905 972 6.8809 14.0718
  5. 364 Day Treasury Bills 641 8.3281 10.5710 160 9.6734 10.4812
II. RBI* : Sales 656     303    
    : Purchases -     -    
III. Repo Transactions £ (Other than with RBI)          
        Amount Rates (%PA) Amount   Rates (%PA)
          Minimum Maximum     Minimum Maximum
  1. Govt. of India Dated Securities   777 8.25 (1) 9.25 (14) 622   7.10 (1) 8.75 (16)
  2. 14 Day Treasury Bills   - - - -   - -
  3. 91 Day Treasury Bills   - - - -   - -
  4. 364 Day Treasury Bills   - - - -   - -
IV. RBI : Repo £   5,913 8.00 - 10,949   8.00 -
    : Reverse Repo £   750 9.00 - 500   9.00 -

@   As reported in Subsidiary General Ledger Accounts at RBI, Mumbai which presently accounts for nearly 98 percent of the total transactions in the country.
$   While Face Value transacted for 6.00% Capital Indexed Bond 2002 has been included in the amount for the maturity year 2002-03, YTM (% indicative) have not been included in minimum and maximum YTM.
*   RBI's sales and purchases include transactions in other offices also.
£   Represent the first leg of transactions.

Figures in brackets indicate Repo Period.

Due to rounding off of figures, the constituent items may not add up to the totals.

The symbols used in WSS are:  .. = Not available.   - = Nil/Negligible.   # = Provisional.

Annual subscription for 1998 Weekly Statistical Supplement is Rs. 230.00 (inclusive of postage) in India and

US $40 abroad, inclusive of postage by air mail. Price per copy is Rs. 5.00.

Printed and Published by Charan Singh for the Reserve Bank of India,. Registration No. RN. 43801/86
Mumbai - 400 001. at Karnatak Orion Press, 17/18 Prospect Chambers REGISTERED NO.
Annexe, Dr. D.N. Road, Fort, Mumbai-400 001 MH/BY-SOUTH-757

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