(Amount in Rs.crore)

Fortnight

Total

Rate of Discount

Fortnight

Total

  Rate of Discount

ended

Outstanding

(per cent) @

ended

Outstanding

(per cent) *

1997

1998

Jan

15

536.5

11.6-128

Jan

15

5,249.0

9.8-11.5

31

407.5

11.9-12-1

31

4,723.5

10.5-113

Feb

15

432.5

11.5-13.5

Feb

15

4,124.3

10.5-11.5

28

531.5

11.3-125

28

3,139.3

11.0-15.5

March

15

585.0

11.5-12.0

March

15

4,124.3

10.5-11.5

31

646.0

11.3-12.3

31

1,500.0

14.2-15.5

May

15

977.0

7.7-10.7

May

15

3,269.8

9.0-118

31

1,049.5

9.5-10.7

31

3,833.8

10.0-12.0

June

15

1,269.5

9.5-11.3

June

15

4,023.3

10.3-12.3

30

1,515.0

9.5-11.0

30

4,1718.8

10.5-12.5

July

15

1,923.3

9.3-10.5

July

15

3,912.3

10.0-12.3

31

2,084.8

9.0-10.0

31

4,102.0

10.0-12.3

Aug

15

2,305.0

8.5-9.5

Aug

15

4,620.5

9.8-11.6

31

2,783.0

8.3-9.3

31

5,107.5

8.5-11.0

Sept

15

3,377.0

8.5-10.0

Sept

15

4,786.0

10.0-12.3

30

3,412.5

8.5-10.5

30

4,588.5

11.0-13.0

Oct

15

3,377.0

8.5-10.0

31

3,413.0

8.3-9.5

Nov

15

3,459.0

8.0-9.3

30

4,525.0

8.0-9.5

Dec

15

4,904.0

8.0-9.5

31

4,597.0

9.0-10.8

*

Issued at face value by companies.

@

Typical effective discount rate range per annum on issues during the fortnight.