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20. Secondary Market Transactions in Government Securities (Face Value)
81857220

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

              (Rs. crore)

      For the Week Ended For the Week Ended

      December 25,1998
January 1, 1999
    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 57 9.3053 10.1043 122 8.8923 10.6138
    1999-00 318 9.3923 10.9043 215 9.4401 10.6570
    2000-01 425 11.1255 11.4498 670 11.2503 11.4439
    2001-02 224 11.4796 11.5374 175 11.4923 11.5327
    2002-03$ 40 11.6517 11.6559 145 11.6139 11.6557
    2003-04 199 11.7487 11.9642 228 11.7565 11.9761
    2004-07 120 11.9402 12.2152 74 11.9329 12.1239
    2007-08 1 12.1128 12.2252 1 12.1374 12.2687
    Beyond 2008 28 12.1206 12.2171 100 12.1274 12.2173
  2. State Government Securities 14 11.8451 12.4400 6 12.0480 12.9815
  3. 14 Day Treasury Bills 97 6.9759 9.0253 58 8.2269 9.3258
  4. 91 Day Treasury Bills 446 6.9851 9.5738 451 7.9786 10.0737
  5. 364 Day Treasury Bills 67 8.2281 10.4214 22 7.9751 10.4014
II. RBI* : Sales 20     229    
    : Purchases —     —    
III. Repo Transactions £ (Other than with RBI)          
        Amount Rates (%PA) Amount   Rates (%PA)
          Minimum Maximum     Minimum Maximum
  1. Govt. of India Dated Securities   803 8.10 (1) 9.75 (16) 942   7.50 (1) 10.40 (17)
  2. 14 Day Treasury Bills   — — — —   — —
  3. 91 Day Treasury Bills   — — — —   — —
  4. 364 Day Treasury Bills   — — — —   — —
IV. RBI : Repo £   181 8.00 — 634   8.00 —
    : Reverse Repo £   579 9.00 — 637   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 1999 Weekly Statistical Supplement is Rs. 250.00 (inclusive of postage) in India and

US $50 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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