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

RbiAnnouncementWeb

Date: November 28, 1998

(Rs. crore)

For the Week Ended

November 13, 1998

November 20, 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		419		8.6522		9.9619	179		3.0450		9.7365
		1999-00		294		7.7402		11.0351	168		9.9038		10.9783
		2000-01		3,187		9.6422		11.5696	1,074		11.0598		11.4469
		2001-02		409		11.4111		11.5549	225		11.4774		11.5895
		2002-03$		135		11.6155		11.7093	55		11.6662		11.7170
		2003-04		70		10.9836		12.0135	51		11.7710		12.2294
		2004-07		532		11.9836		12.1897	103		11.9261		12.2310
		2007-08		82		12.2066		12.2129	53		12.1957		12.2069
		Beyond 2008		418		12.2274		12.3501	99		12.1531		12.4213
	2.	State Government Securities		55		12.1858		12.5123	44		12.2293		12.6056
	3.	14 Day Treasury Bills		89		5.9831		8.4257	-		-		-
	4.	91 Day Treasury Bills		1,463		7.4770		9.6237	1,387		7.2358		9.6235
	5.	364 Day Treasury Bills		550		7.4779		10.6707	76		8.7243		15.9502
II.	*RBI : Sales**			3,696					492
			: Purchases	-					-

III.	Repo Transactions £ (Other than with RBI)
			Amount	Rates (%PA)				Amount	Rates (%PA)
				Minimum		Maximum			Minimum		Maximum
	1.	Govt. of India Dated Securities	779	8.00	(1)	9.10	(14)	199	7.50	(1)	9.15	(18)
	2.	14 Day Treasury Bills	-	-		-		-	-		-
	3.	91 Day Treasury Bills	-	-		-		-	-		-
	4.	364 Day Treasury Bills	-	-		-		-	-		-
IV.	RBI : Repo £		7,257	8.00		-		1,938	8.00		-
		: Reverse Repo £	300	9.00		-		2,061	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.

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