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20. Secondary Market Transactions in Government Securities (Face Value)
82547460

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

              (Rs. crore)

      For the Week Ended For the Week Ended

      January 1, 1999
January 8, 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            
    1998-99 122 8.8923 10.6138 381 8.7525 9.9840
    1999-00 215 9.4401 10.6570 352 9.7544 10.7585
    2000-01 670 11.2503 11.4439 778 11.0632 11.4313
    2001-02 175 11.4923 11.5327 846 11.3323 11.5997
    2002-03$ 145 11.6139 11.6557 735 11.5969 11.6808
    2003-04 228 11.7565 11.9761 1,295 11.7573 11.9559
    2004-07 74 11.9329 12.1239 217 11.8518 13.9930
    2007-08 1 12.1374 12.2687 6 12.1742 13.0401
    Beyond 2008 100 12.1274 12.2173 686 12.1200 12.5266
  2. State Government Securities 6 12.0480 12.9815 50 12.2011 12.9818
  3. 14 Day Treasury Bills 58 8.2269 9.3258 75 8.2269 9.1265
  4. 91 Day Treasury Bills 451 7.9786 10.0737 627 8.2263 11.8639
  5. 364 Day Treasury Bills 22 7.9751 10.4014 376 10.1919 10.4214
II. RBI* : Sales 229     1,925    
    : Purchases —     —    
III. Repo Transactions £ (Other than with RBI)          
        Amount Rates (%PA) Amount   Rates (%PA)
          Minimum Maximum     Minimum Maximum
  1. Govt. of India Dated Securities   942 7.50 (1) 10.40 (17) 2,307   8.00 (1) 10.50 (14)
  2. 14 Day Treasury Bills   — — — —   — —
  3. 91 Day Treasury Bills   — — — —   — —
  4. 364 Day Treasury Bills   — — — 3   9.15 (3) 9.15 (3)
IV. RBI : Repo £   634 8.00 — 1,530   8.00 —
    : Reverse Repo £   637 9.00 — 856   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. 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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