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NO. 22 : TURNOVER IN GOVERNMENT SECURITIES MARKET (FACE VALUE) AT MUMBAI

        (Rs. crore)

      Treasury Bills
RBI*
Week/Month+ Govt. of India Dated State Govt.        
  Securities Securities 14 Day 91 Day 364 Day  

   1 2 3 4 5 6 7

1998-99             
April 26,711.38 115.54 646.40 472.50 4,965.60  223.01
May 26,915.08 591.68 1,235.62 688.08 3,008.56  32.95
June 12,305.62 187.98 785.50 779.00 2,033.54  14.11
July 20,443.51 16.90 3,084.47 1,969.95 3,562.78  1,442.24
Week Ended             
Aug.  7,1998 6,295.83 337.15 1,055.82 448.72 582.50  342.92
Aug. 14,1998 10,040.72 74.65 1,119.00 353.00 598.30  1,745.97
Aug. 21,1998 10,561.31 40.37 966.50 389.72 897.70  2,548.76

+ : Turnover up to the last Friday of the month over the last Friday of preceding month.
@ : Based on SGL outright transactions in government securities in secondary market at Mumbai. It excludes repo transactions.
* : RBIs sales and purchases include  transactions in other offices also. It excludes transactions relating to the Government of India and the Welfare Commissioner, Bhopal.

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