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20. Secondary Market Transactions in Government Securities (Face Value)
81857785

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

              (Rs. crore)

      For the Week Ended For the Week Ended

      November 20, 1998
November 27, 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            
    1998-99 179 3.0450 9.7365 258 8.5719 9.8282
    1999-00 168 9.9038 10.9783 295 9.8226 10.9177
    2000-01 1,074 11.0598 11.4469 1,040 11.1341 12.5154
    2001-02 225 11.4774 11.5895 163 11.4647 11.7043
    2002-03$ 55 11.6662 11.7170 130 11.6708 11.7167
    2003-04 51 11.7710 12.2294 127 11.7542 11.9709
    2004-07 103 11.9261 12.2310 602 11.4480 12.2066
    2007-08 53 12.1957 12.2069 11 12.1783 12.2049
    Beyond 2008 99 12.1531 12.4213 121 12.1144 12.3090
  2. State Government Securities 44 12.2293 12.6056 19 11.7357 12.4494
  3. 14 Day Treasury Bills - - - 132 4.9889 8.4832
  4. 91 Day Treasury Bills 1,387 7.2358 9.6235 1,057 7.7201 9.8905
  5. 364 Day Treasury Bills 76 8.7243 15.9502 641 8.3281 10.5710
II. RBI* : Sales 492     656    
    : Purchases -     -    
III. Repo Transactions £ (Other than with RBI)          
        Amount Rates (%PA) Amount   Rates (%PA)
          Minimum Maximum     Minimum Maximum
  1. Govt. of India Dated Securities   199 7.50 (1) 9.15 (18) 777   8.25 (1) 9.25 (14)
  2. 14 Day Treasury Bills   - - - -   - -
  3. 91 Day Treasury Bills   - - - -   - -
  4. 364 Day Treasury Bills   - - - -   - -
IV. RBI : Repo £   1,938 8.00 - 5,913   8.00 -
    : Reverse Repo £   2,061 9.00 - 750   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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