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

RbiAnnouncementWeb

Date: October 17, 1998

(Rs. crore)

For the Week Ended

October 2, 1998

October 9, 1998

		*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		89		10.4340		10.5322	358		10.0174		10.6307
		1999-00		20		10.5251		10.7614	240		10.6124		11.3024
		2000-01		825		10.6620		11.4634	690		11.3865		11.5367
		2001-02		135		11.5601		11.6369	297		11.5790		12.0377
		2002-03$		40		11.7010		11.7496	87		11.6952		11.8497
		2003-04		1		11.7800		11.9528	87		11.8027		11.9240
		2004-07		58		11.7413		12.3088	58		11.7178		12.3519
		2007-08		-		-		-	0.06		12.0462		-
		Beyond 2008		37		12.2021		12.2768	53		12.0925		12.4090
	2.	State Government Securities		6		12.4040		12.4184	24		12.4594		12.5152
	3.	14 Day Treasury Bills		53		7.7295		8.5762	82		7.7913		8.7246
	4.	91 Day Treasury Bills		217		7.8788		9.4739	698		6.5896		9.9227
	5.	364 Day Treasury Bills		215		7.2795		9.9727	48		7.8784		10.3714
II.	*RBI : Sales**			42					342
			: Purchases	-					-

III.	Repo Transactions £ (Other than with RBI)
			Amount	Rates (%PA)				Amount	Rates (%PA)
				Minimum		Maximum			Minimum		Maximum
	1.	Govt. of India Dated Securities	918	8.25	( 4 )	9.75	( 14 )	383	8.00	( 3 )	8.85	( 18 )
	2.	14 Day Treasury Bills	-	-		-		-	-		-
	3.	91 Day Treasury Bills	-	-		-		25	8.15	( 3 )	-
	4.	364 Day Treasury Bills	15	9.00	( 14 )	-		-	-		-
IV.	RBI : Repo £		4,069	8.00		-		11,692	8.00		-
		: Reverse Repo £	89	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.

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