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20. Secondary Market Transactions in Government Securities (Face Value)
82425583

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

              (Rs. crore)

      For the Week Ended For the Week Ended

     
December 18, 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 49 9.0628 9.6111 189 8.8949 10.0163
    1999-00 442 9.7206 10.7725 381 9.6966 11.1036
    2000-01 664 10.9609 11.3518 490 11.1213 11.5825
    2001-02 875 11.4355 11.6096 906 11.4737 11.5379
    2002-03$ 82 11.5478 11.7104 103 11.6473 11.6706
    2003-04 611 11.7396 11.9580 525 11.7460 11.9474
    2004-07 166 11.9195 12.6213 96 11.8957 12.1956
    2007-08 19 12.1707 12.2997 16 12.1215 12.2695
    Beyond 2008 344 11.9948 12.2763 136 12.0846 13.0370
  2. State Government Securities 1 11.5085 12.5589 65 11.9105 12.4375
  3. 14 Day Treasury Bills 50 7.8840 8.2968 87 7.8782 10.2590
  4. 91 Day Treasury Bills 708 3.1154 9.4938 755 5.4972 9.4539
  5. 364 Day Treasury Bills 189 7.8777 10.4214 247 8.5760 10.4713
II. RBI* : Sales 749     347    
    : Purchases —     —    
III. Repo Transactions £ (Other than with RBI)          
        Amount Rates (%PA) Amount   Rates (%PA)
          Minimum Maximum     Minimum Maximum
  1. Govt. of India Dated Securities   644 8.15 (1) 9.00 (31) 639   6.50 (1) 9.75 (18)
  2. 14 Day Treasury Bills   — — — —   — —
  3. 91 Day Treasury Bills   — — — 75   8.25 (3) —
  4. 364 Day Treasury Bills   — — — 3   8.70 (6) —
IV. RBI : Repo £   1,186 8.00 — 3,866   8.00 —
    : Reverse Repo £   735 9.00 — 855   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. 230.00 (inclusive of postage) in India and

US $40 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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