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

RbiAnnouncementWeb

Date: October 24, 1998

(Rs. crore)

For the Week Ended

October 9, 1998

October 16, 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		358		10.0174		10.6307	195		9.9839		11.2184
		1999-00		240		10.6124		11.3024	281		10.5818		11.3165
		2000-01		690		11.3865		11.5367	253		11.3913		11.6862
		2001-02		297		11.5790		12.0377	98		11.5629		11.6942
		2002-03$		87		11.6952		11.8497	8		11.7999		11.8389
		2003-04		87		11.8027		11.9240	42		11.8032		12.0949
		2004-07		58		11.7178		12.3519	50		11.9855		12.3336
		2007-08		0.06		12.0462		-	-		-		-
		Beyond 2008		53		12.0925		12.4090	31		12.2098		12.4535
	2.	State Government Securities		24		12.4594		12.5152	1		12.1354		12.4689
	3.	14 Day Treasury Bills		82		7.7913		8.7246	535		7.9775		10.0431
	4.	91 Day Treasury Bills		698		6.5896		9.9227	721		7.9781		10.0324
	5.	364 Day Treasury Bills		48		7.8784		10.3714	376		7.7297		10.7206
II.	*RBI : Sales**			342					216
			: Purchases	-					-

III.	Repo Transactions £ (Other than with RBI)
			Amount	Rates (%PA)				Amount	Rates (%PA)
				Minimum		Maximum			Minimum		Maximum
	1.	Govt. of India Dated Securities	383	8.00	( 3 )	8.85	( 18 )	816	8.10	( 3 )	9.40	( 14 )
	2.	14 Day Treasury Bills	-	-		-		-	-		-
	3.	91 Day Treasury Bills	25	8.15	( 3 )	-		-	-		-
	4.	364 Day Treasury Bills	-	-		-		-	-		-
IV.	RBI : Repo £		11,692	8.00		-		1,664	8.00		-
		: Reverse Repo £	-	-		-		2,778	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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