(Rs. in crores)
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Fortnight          Total       Rates of    Fortnight            Total       Rates of    Fortnight           Total       Rates of
ended         Outstanding      Discount    ended          Outstanding       Discount    ended         Outstanding       Discount
                            (Per cent)@                                  (Per cent)@                                 (Per cent)@
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     1             2             3              4              5              6              7             8              9
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1995 - 96                                  1996 - 97                                    1997 - 98
---------                                  ---------                                    ---------
Apr.  15           533.8           15.4    Apr.  15              71.3         -         Apr.  15            702.0    11.3 - 12.5
      30           565.8    14.5 - 15.5          30              72.8    18.1 - 20.3          30            770.0    10.0 - 13.0
May   15           489.8    14.1 - 15.0    May   15               99.3   16.5 - 18.9    May   15            977.0     7.7 - 12.3
      31           714.3    14.0 - 16.0          31             221.0    16.1 - 18.6          31           1049.5     8.5 - 11.1
Jun.  15           656.0           15.5    Jun.  15             221.0    15.8 - 16.3    Jun.  15           1269.5     8.0 - 13.8
      30           663.0    15.0 - 15.5          30             236.0    16.2 - 20.9          30           1515.0     8.2 - 11.5
Jul.  15           682.0    15.2 - 15.5    Jul.  15             234.0    15.1 - 17.8    Jul.  15           1923.0     8.0 - 12.5
      31           581.5    14.0 - 15.0          31             218.0    12.6 - 19.0          31           2085.0     7.3 - 12.0
Aug.  15           517.0    14.0 - 14.5    Aug.  15              265.5   12.9 - 15.0    Aug.  15           2305.0     7.8 - 14.2
      31           624.5    13.8 - 14.0          31              311.5   12.5 - 13.5          31           2783.0     7.3 - 12.8
Sep.  15           715.5    13.8 - 14.0    Sep.  15              349.5   12.8 - 14.1    Sep.  15           3159.0     8.0 - 11.5
      30           785.7    14.0 - 14.5          30              371.5   13.0 - 14.8          30           3413.0     8.3 - 12.0
Oct.  15           841.7    16.3 - 19.5    Oct.  15             313.0    12.4 - 13.5
      31           613.7    14.6 - 16.5          31              232.5   13.0 - 13.8
Nov.  15           353.7    15.0 - 15.7    Nov.  15              367.5   11.6 - 14.0
      30           287.2    16.8 - 17.9          30              422.5   11.5 - 13.0
Dec.  15           235.5    16.1 - 16.4    Dec.  15             517.5    11.5 - 13.5
      31            171.5   16.9 - 17.9          31             513.0    11.5 - 13.5
Jan.  15           139.5         -         Jan.  15             436.5    11.1 - 12.8
      31            89.0    16.9 - 17.9          31             407.5    11.3 - 12.8
Feb.  15           117.0    17.5 - 18.0    Feb.  15              432.5   10.0 - 14.1
      29            92.0    16.9 - 19.6          28              531.5   11.3 - 12.5
Mar.  15            69.3    19.1 - 20.0    Mar.  15              585.5   11.5 - 12.3
      31            76.3           20.2          31             646.0    11.3 - 12.5
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*  Issued at face value by companies.
@  Typical effective discount rate range per annum on issues during the fortnight.
-  No issue during the fortnight.