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20. Secondary Market Transactions in Government Securities (Face Value)
81858454

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

              (Rs. crore)

      For the Week Ended For the Week Ended

      December 4, 1998
December 11, 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            
    1998-99 123 9.1320 9.8101 49 9.0628 9.6111
    1999-00 343 9.9897 10.9322 442 9.7206 10.7725
    2000-01 614 11.0079 11.3726 664 10.9609 11.3518
    2001-02 212 11.2960 12.5411 875 11.4355 11.6096
    2002-03$ 45 11.6535 11.6729 82 11.5478 11.7104
    2003-04 156 11.7474 12.4609 611 11.7396 11.9580
    2004-07 134 11.9074 12.1722 166 11.9195 12.6213
    2007-08 38 12.1068 12.1980 19 12.1707 12.2997
    Beyond 2008 255 12.0701 12.3086 344 11.9948 12.2763
  2. State Government Securities 9 11.6596 12.6264 1 11.5085 12.5589
  3. 14 Day Treasury Bills 57 6.8809 11.2181 50 7.8840 8.2968
  4. 91 Day Treasury Bills 972 6.8809 14.0718 708 3.1154 9.4938
  5. 364 Day Treasury Bills 160 9.6734 10.4812 189 7.8777 10.4214
II. RBI* : Sales 303     749    
    : Purchases —     —    
III. Repo Transactions £ (Other than with RBI)          
        Amount Rates (%PA) Amount   Rates (%PA)
          Minimum Maximum     Minimum Maximum
  1. Govt. of India Dated Securities   622 7.10 (1) 8.75 (16) 644   8.15 (1) 9.00 (31)
  2. 14 Day Treasury Bills   — — — —   — —
  3. 91 Day Treasury Bills   — — — —   — —
  4. 364 Day Treasury Bills   — — — —   — —
IV. RBI : Repo £   10,949 8.00 — 1,186   8.00 —
    : Reverse Repo £   500 9.00 — 735   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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