14. Commercial Paper Issued by Companies (At face value)

RbiAnnouncementWeb

Date: August 21, 2004

(Rs. crore)

	Fortnightended		Total Amount	Reportedduring	Rate of Interest
			Outstanding	thefortnight	(percent)@
	1		2	3	4

	Oct.	15, 2003	6,974	1,027	4.75 — 7.75
	Jan.	15, 2004	9,525	1,542	4.63 — 6.00
	Apr.	15, 2004	9,590	810	4.66 — 6.20
	Jul.	15, 2004	10,688	954	4.63 — 7.00
	Jul.	31, 2004	10,848	1,173	4.61 — 5.60
	Aug.	15, 2004	11,097	988	4.65 — 6.50
@: Typical effective discount rate range per annum on issues during the fortnight.