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20. Secondary Market Transactions in Government Securities (Face Value)
81856687

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

              (Rs. crore)

      For the Week Ended For the Week Ended

      December 18, 1998
December 25, 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            
    1998-99 189 8.8949 10.0163 57 9.3053 10.1043
    1999-00 381 9.6966 11.1036 318 9.3923 10.9043
    2000-01 490 11.1213 11.5825 425 11.1255 11.4498
    2001-02 906 11.4737 11.5379 224 11.4796 11.5374
    2002-03$ 103 11.6473 11.6706 40 11.6517 11.6559
    2003-04 525 11.7460 11.9474 199 11.7487 11.9642
    2004-07 96 11.8957 12.1956 120 11.9402 12.2152
    2007-08 16 12.1215 12.2695 1 12.1128 12.2252
    Beyond 2008 136 12.0846 13.0370 28 12.1206 12.2171
  2. State Government Securities 65 11.9105 12.4375 14 11.8451 12.4400
  3. 14 Day Treasury Bills 87 7.8782 10.2590 97 6.9759 9.0253
  4. 91 Day Treasury Bills 755 5.4972 9.4539 446 6.9851 9.5738
  5. 364 Day Treasury Bills 247 8.5760 10.4713 67 8.2281 10.4214
II. RBI* : Sales 347     20    
    : Purchases —     —    
III. Repo Transactions £ (Other than with RBI)          
        Amount Rates (%PA) Amount   Rates (%PA)
          Minimum Maximum     Minimum Maximum
  1. Govt. of India Dated Securities   639 6.50 (1) 9.75 (18) 803   8.10 (1) 9.75 (16)
  2. 14 Day Treasury Bills   — — — —   — —
  3. 91 Day Treasury Bills   75 8.25 (3) — —   — —
  4. 364 Day Treasury Bills   3 8.70 (6) — —   — —
IV. RBI : Repo £   3,866 8.00 — 181   8.00 —
    : Reverse Repo £   855 9.00 — 579   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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