Treasury & Derivative Management

Assignment

On

Study on Current status of Government Debt Market and

Corporate Debt Market

Submitted by
MANIKANDAN@SIVAKUMAR.A
12381048

1. What is a Government Security?

1.1 A Government security is a tradable instrument issued by the Central Government or
the State Governments. It acknowledges the Governments debt obligation. Such securities are
short term (usually called treasury bills, with original maturities of less than one year) or long
term (usually called Government bonds or dated securities with original maturity of one year or
more). In India, the Central Government issues both, treasury bills and bonds or dated securities
while the State Governments issue only bonds or dated securities, which are called the State
Development Loans (SDLs). Government securities carry practically no risk of default and,
hence, are called risk-free gilt-edged instruments. Government of India also issues savings
instruments (Savings Bonds, National Saving Certificates (NSCs), etc.) or special securities (oil
bonds, Food Corporation of India bonds, fertiliser bonds, power bonds, etc.). They are, usually
not fully tradable and are, therefore, not eligible to be SLR securities.
a. Treasury Bills (T-bills)
1.2 Treasury bills or T-bills, which are money market instruments, are short term debt
instruments issued by the Government of India and are presently issued in three tenors, namely,
91 day, 182 day and 364 day. Treasury bills are zero coupon securities and pay no interest. They
are issued at a discount and redeemed at the face value at maturity. For example, a 91 day
Treasury bill of Rs.100/- (face value) may be issued at say Rs. 98.20, that is, at a discount of say,
Rs.1.80 and would be redeemed at the face value of Rs.100/-. The return to the investors is the
difference between the maturity value or the face value (that is Rs.100) and the issue price (for
calculation of yield on Treasury Bills please see answer to question no. 26). The Reserve Bank of
India conducts auctions usually every Wednesday to issue T-bills. Payments for the T-bills
purchased are made on the following Friday. The 91 day T-bills are auctioned on every
Wednesday. The Treasury bills of 182 days and 364 days tenure are auctioned on alternate
Wednesdays. T-bills of of 364 days tenure are auctioned on the Wednesday preceding the
reporting Friday while 182 T-bills are auctioned on the Wednesday prior to a non-reporting
Fridays. The Reserve Bank releases an annual calendar of T-bill issuances for a financial year in
the last week of March of the previous financial year. The Reserve Bank of India announces the
issue details of T-bills through a press release every week.
b. Cash Management Bills (CMBs)
1.3 Government of India, in consultation with the Reserve Bank of India, has decided to
issue a new short-term instrument, known as Cash Management Bills (CMBs), to meet the
temporary mismatches in the cash flow of the Government. The CMBs have the generic
character of T-bills but are issued for maturities less than 91 days. Like T-bills, they are also
issued at a discount and redeemed at face value at maturity. The tenure, notified amount and date
of issue of the CMBs depends upon the temporary cash requirement of the Government. The
announcement of their auction is made by Reserve Bank of India through a Press Release which
will be issued one day prior to the date of auction. The settlement of the auction is on T+1 basis.
The non-competitive bidding scheme (referred to in paragraph number 4.3 and 4.4 under
question No. 4) has not been extended to the CMBs. However, these instruments are tradable and
qualify for ready forward facility. Investment in CMBs is also reckoned as an eligible investment

in Government securities by banks for SLR purpose under Section 24 of the Banking Regulation
Act, 1949. First set of CMBs were issued on May 12, 2010.
c. Dated Government Securities
1.4 Dated Government securities are long term securities and carry a fixed or floating
coupon (interest rate) which is paid on the face value, payable at fixed time periods (usually halfyearly). The tenor of dated securities can be up to 30 years.
The Public Debt Office (PDO) of the Reserve Bank of India acts as the
registry / depository of Government securities and deals with the issue,
interest payment and repayment of principal at maturity. Most of the dated
securities are fixed coupon securities.
The nomenclature of a typical dated fixed coupon Government security contains the
following features - coupon, name of the issuer, maturity and face value. For example, 7.49%
GS 2017 would mean:
Coupon
Name of Issuer
Date of Issue
Maturity
Coupon Payment Dates
Minimum Amount of issue/ sale

: 7.49% paid on face value

: Government of India
: April 16, 2007
: April 16, 2017
: Half-yearly (October 16 and April 16) every year
: Rs.10,000

In case there are two securities with the same coupon and are maturing in the same year,
then one of the securities will have the month attached as suffix in the nomenclature. For
example, 6.05% GS 2019 FEB, would mean that Government security having coupon 6.05 %
that mature in February 2019 along with the other security with the same coupon, namely,,
6.05% 2019 which is maturing in June 2019.
If the coupon payment date falls on a Sunday or a holiday, the coupon payment is made
on the next working day. However, if the maturity date falls on a Sunday or a holiday, the
redemption proceeds are paid on the previous working day itself.
1.5 The details of all the dated securities issued by the Government of India are available
on the RBI website at http://www.rbi.org.in/Scripts/financialmarketswatch.aspx. Just as in the
case of Treasury Bills, dated securities of both, Government of India and State Governments, are
issued by Reserve Bank through auctions. The Reserve Bank announces the auctions a week in
advance through press releases. Government Security auctions are also announced through
advertisements in major dailies. The investors, are thus, given adequate time to plan for the
purchase of government securities through such auctions.
A specimen of a dated security in physical form is given at Annex 1.

1.6 Instruments:
i.

ii.

iii.

iv.

v.

vi.

Fixed Rate Bonds These are bonds on which the coupon rate is fixed for the entire life
of the bond. Most Government bonds are issued as fixed rate bonds.
For example 8.24%GS2018 was issued on April 22, 2008 for a tenor of 10 years
maturing on April 22, 2018. Coupon on this security will be paid half-yearly at 4.12%
(half yearly payment being the half of the annual coupon of 8.24%) of the face value on
October 22 and April 22 of each year.
Floating Rate Bonds Floating Rate Bonds are securities which do not have a fixed
coupon rate. The coupon is re-set at pre-announced intervals (say, every six months or
one year) by adding a spread over a base rate. In the case of most floating rate bonds
issued by the Government of India so far,the base rate is the weighted average cut-off
yield of the last three 364- day Treasury Bill auctions preceding the coupon re-set date
and the spread is decided through the auction. Floating Rate Bonds were first issued in
September
1995
in
India.
For example, a Floating Rate Bond was issued on July 2, 2002 for a tenor of 15 years,
thus maturing on July 2, 2017. The base rate on the bond for the coupon payments was
fixed at 6.50% being the weighted average rate of implicit yield on 364-day Treasury
Bills during the preceding six auctions. In the bond auction, a cut-off spread (markup
over the benchmark rate) of 34 basis points (0.34%) was decided. Hence the coupon for
the first six months was fixed at 6.84%.
Zero Coupon Bonds Zero coupon bonds are bonds with no coupon payments. Like
Treasury Bills, they are issued at a discount to the face value. The Government of India
issued such securities in the nineties, It has not issued zero coupon bond after that.
Capital Indexed Bonds These are bonds, the principal of which is linked to an accepted
index of inflation with a view to protecting the holder from inflation. A capital indexed
bond, with the principal hedged against inflation, was issued in December 1997. These
bonds matured in 2002. The government is currently working on a fresh issuance of
Inflation Indexed Bonds wherein payment of both, the coupon and the principal on the
bonds, will be linked to an Inflation Index (Wholesale Price Index). In the proposed
structure, the principal will be indexed and the coupon will be calculated on the indexed
principal. In order to provide the holders protection against actual inflation, the final WPI
will be used for indexation.
Bonds with Call/ Put Options Bonds can also be issued with features of optionality
wherein the issuer can have the option to buy-back (call option) or the investor can have
the option to sell the bond (put option) to the issuer during the currency of the bond.
6.72%GS2012 was issued on July 18, 2002 for a maturity of 10 years maturing on July
18, 2012. The optionality on the bond could be exercised after completion of five years
tenure from the date of issuance on any coupon date falling thereafter. The Government
has the right to buyback the bond (call option) at par value (equal to the face value) while
the investor has the right to sell the bond (put option) to the Government at par value at
the time of any of the half-yearly coupon dates starting from July 18, 2007.
Special Securities - In addition to Treasury Bills and dated securities issued by the
Government of India under the market borrowing programme, the Government of India

vii.

also issues, from time to time, special securities to entities like Oil Marketing Companies,
Fertilizer Companies, the Food Corporation of India, etc. as compensation to these
companies in lieu of cash subsidies. These securities are usually long dated securities
carrying coupon with a spread of about 20-25 basis points over the yield of the dated
securities of comparable maturity. These securities are, however, not eligible SLR
securities but are eligible as collateral for market repo transactions. The beneficiary oil
marketing companies may divest these securities in the secondary market to banks,
insurance companies / Primary Dealers, etc., for raising cash.
Steps are being taken to introduce new types of instruments like STRIPS (Separate
Trading of Registered Interest and Principal of Securities). Accordingly, guidelines for
stripping and reconstitution of Government securities have been issued. STRIPS are
instruments wherein each cash flow of the fixed coupon security is converted into a
separate tradable Zero Coupon Bond and traded. For example, when Rs.100 of the
8.24%GS2018 is stripped, each cash flow of coupon (Rs.4.12 each half year) will become
coupon STRIP and the principal payment (Rs.100 at maturity) will become a principal
STRIP. These cash flows are traded separately as independent securities in the secondary
market. STRIPS in Government securities will ensure availability of sovereign zero
coupon bonds, which will facilitate the development of a market determined zero coupon
yield curve (ZCYC). STRIPS will also provide institutional investors with an additional
instrument for their asset- liability management. Further, as STRIPS have zero
reinvestment risk, being zero coupon bonds, they can be attractive to retail/noninstitutional investors. The process of stripping/reconstitution of Government securities is
carried out at RBI, Public Debt Office (PDO) in the PDO-NDS (Negotiated Dealing
System) at the option of the holder at any time from the date of issuance of a Government
security till its maturity. All dated Government securities, other than floating rate bonds,
having coupon payment dates on 2nd January and 2nd July, irrespective of the year of
maturity are eligible for Stripping/Reconstitution. Eligible Government securities held in
the Subsidiary General Leger (SGL)/Constituent Subsidiary General Ledger (CSGL)
accounts maintained at the PDO, RBI, Mumbai. Physical securities shall not be eligible
for stripping/reconstitution. Minimum amount of securities that needs to be submitted for
stripping/reconstitution will be Rs. 1 crore (Face Value) and multiples thereof.

d. State Development Loans (SDLs)

1.7 State Governments also raise loans from the market. SDLs are dated securities issued through
an auction similar to the auctions conducted for dated securities issued by the Central
Government (see question 3 below). Interest is serviced at half-yearly intervals and the principal
is repaid on the maturity date. Like dated securities issued by the Central Government, SDLs
issued by the State Governments qualify for SLR. They are also eligible as collaterals for
borrowing through market repo as well as borrowing by eligible entities from the RBI under the
Liquidity Adjustment Facility (LAF).

2. Why should one invest in Government securities?

2.1 Holding of cash in excess of the day-to-day needs of a bank does not give any return to it.
Investment in gold has attendant problems in regard to appraising its purity, valuation, safe
custody, etc. Investing in Government securities has the following advantages:

Besides providing a return in the form of coupons (interest), Government securities offer
the maximum safety as they carry the Sovereigns commitment for payment of interest
and repayment of principal.
They can be held in book entry, i.e., dematerialized/ scripless form, thus, obviating the
need for safekeeping.
Government securities are available in a wide range of maturities from 91 days to as long
as 30 years to suit the duration of a bank's liabilities.
Government securities can be sold easily in the secondary market to meet cash
requirements.
Government securities can also be used as collateral to borrow funds in the repo market.
The settlement system for trading in Government securities, which is based on Delivery
versus Payment (DvP), is a very simple, safe and efficient system of settlement. The DvP
mechanism ensures transfer of securities by the seller of securities simultaneously with
transfer of funds from the buyer of the securities, thereby mitigating the settlement risk.
Government security prices are readily available due to a liquid and active secondary
market and a transparent price dissemination mechanism.

RBI
Central

State

Govern
ment

Government

Dated

Dated

Securit
ies

Securities

Treasury Bills

Cash

Management

14 Day

91Day

182 Day

364 - Day

Bills

2013-14

30-Aug-13
1674.7

51.66

314.91

169.6
3

104.61

237.74

1578.5

94.33

283.44

84.38

50.06

109.39

1234.75

63.61

180.49

97.64

47.31

83.27

1.2

23-Aug-13

16-Aug-13

9-Aug-13
1241.47

40.06

157.1
8

35.26

125.51

8.89

1617.92

42.81

12.1

181.0
1

37.02

95.78

3.36

1816.74

25.03

10.8

137.2
5

24.31

133.85

2331.61

35.69

88.44

49.56

58.84

3896.75

38.17

121.0
3

72.71

113.53

3837.2

49.86

135.7
4

88.77

134.29

2914.53

59.13

52.65

42.6

151.6

4523.14

86.3

102.6
2

50.37

138.48

4834.36

36.61

90.78

30.24

138.46

4842.44

84.86

68.43

21.23

94.77

7628.98

47.86

71.12

23.96

90.18

2-Aug-13

26-Jul-13

19-Jul-13

12-Jul-13

5-Jul-13

28-Jun-13

21-Jun-13

14-Jun-13

7-Jun-13

31-May-13

24-May-13
8296.51

87.12

58.06

24.63

51.52

11026.8
1

86.82

40.19

26.86

88.41

7325.32

92.7

95.44

88

104

5093.54

68.63

74.23

38.89

116.68

5217.56

66.95

62.61

37.38

142.73

5124.92

65.78

133.9
1

33.6

217.69

4034.11

62.74

76.36

47.29

162.51

1959.31

44.55

146.7
4

54.86

183.29

1533.9

58.97

69.96

66.92

110.79

17-May-13

10-May-13

3-May-13

26-Apr-13

19-Apr-13

12-Apr-13

5-Apr-13

2012-13

29-Mar-13

22-Mar-13
2471.78

52.52

155.2
1

28.48

174.83

3385.47

50.9

134.5
2

34.25

62.24

3250.75

65.33

164.6
4

45.29

115.04

4056.39

45.82

71.38

19.07

57.78

15-Mar-13

8-Mar-13

1-Mar-13

22-Feb-13
2600.1

45.4

63.95

4.79

120.91

15-Feb-13

4096.31

40.05

44.78

17.45

101.35

8-Feb-13

3287.35

63.35

89.05

40.12

152.89

1-Feb-13

2924.07

43.2

97.88

28.62

80.26

25-Jan-13

2801.3

106.25

65.9

6.56

116.38

18-Jan-13

5580.75

59.69

74.11

41.86

90.81

11-Jan-13

5408.42

87.99

18.61

94.65

4822.06

76.53

90.3
136.5
8

62.23

168.99

28-Dec-12

1908.99

29.27

75.73

18.63

74.44

21-Dec-12

2082.79

74

88.62

42.2

111.65

14-Dec-12

1386.21

27.07

84.28

44.25

120.6

7-Dec-12

1894.23

47.56

47.8

82.84

49.36

30-Nov-12

1299.81

22.98

44.84

76.89

89.63

23-Nov-12

1306.96

80.49

61.28

59.16

66

16-Nov-12

841.86

6.61

24.5

5.51

42.92

4-Jan-13

9-Nov-12

1769.08

28.1

58.09

60.96

76.53

2-Nov-12

2007.16

35.37

76.36

33.6

65.14

26-Oct-12

1496.37

46

52.22

35.54

25.72

19-Oct-12

2512.02

118.24

94.46

36.91

55.9

12-Oct-12

1857.97

41.08

17.89

53.43

2058.83

63.47

35.76

89.2

2405.45

32.39

51.8
108.3
4
123.1
1

51.31

104.86

5-Oct-12
28-Sep-12

21-Sep-12

2414.47

34.74

78.79

52.59

14-Sep-12

2745.65

23.71

98.43

7-Sep-12

2316.98

42.94

2084.15

52.6

1269.36

47.27

1213.63

45.7

125.4
163.8
2
186.7
1
115.3
7

2113.16

68.58

1305.08

9.46

1772.03

56.12

2852.78

77.16

2371.85

17.17

1756.98

27.09

1742.57

25.29

2432.88

26.71

3398.02

29.26

2558.01

40.99

1714.87

31.03

1183.79

59.21

1730.74

39.27

1908.12

29.37

1137.91

15.3

1457.69

23.19

1882.25

29.22

1578.69

58.9

416.63

55.39

918.1

23-Mar-12
16-Mar-12

31-Aug-12
24-Aug-12
17-Aug-12
10-Aug-12
3-Aug-12
27-Jul-12
20-Jul-12
13-Jul-12
6-Jul-12
29-Jun-12
22-Jun-12
15-Jun-12
8-Jun-12
1-Jun-12
25-May-12
18-May-12
11-May-12
4-May-12
27-Apr-12
20-Apr-12
13-Apr-12
6-Apr-12

68.44

78.63

61.56

86.37

115.44

80.91

154.2

7.9

40.79

47.96

51.67

36.68

87.62
128.2
3
107.0
7

56.55

55.47

61

90.53

63.55

94.08

73.26
129.7
7

84.81

92.48

32.71

49.72

73.91
148.8
7

33.81

72.37

21

31.9

51.48

116

78.31
123.1
9

26.1

40.38

49.78

137.92

112

81.74
124.3
7

45.95

102.96

37.25

62.4

123

71.78
104.8
4

32.44

43.28

129.7

38.46

59

128.5

30.26

46.48

44.8

21.83

14.28

19

33.78

27.88

16.7

54.82

16.22

24.4

71.33
110.9
9
120.2
1
180.5
2
118.0
3

70.49

53.43

33.2

37.72

19.9

69.7

63.6

40.99

110.3
6

45.25

91.56

8.5

654.77

27.31

86.14

3.26

19.5

6.9

2011-12
30-Mar-12

1182.63

50.05

77.92

14.36

50.14

116.3

9-Mar-12

673.97

27.1

51.46

13.44

23.16

119.3

2-Mar-12

1066.46

13.44

87.27

27.01

27.19

124.2

24-Feb-12

999.2

23.87

65.36

3.41

35.34

101.5

17-Feb-12

1451.45

11.91

32.04

11.2

48.9

8.9

10-Feb-12

96.8

1415.2

27.45

66.24

6.04

54.78

3-Feb-12

2093.52

21.15

57.19

16.22

29.98

27-Jan-12

1951.14

30.53

38.97

6.47

4.1

105.7

20-Jan-12

2228.89

22.96

65.15

57.88

69.11

131.1

13-Jan-12

2532.78

41.28

48.08

22.68

140.86

100

6-Jan-12

2623.54

27.22

76.76

49.54

81.79

28.9

30-Dec-11

1494.45

12.16

43.52

34.58

51.54

98.6

23-Dec-11

2590.05

68.45

0.1

48.7

33.92

72.61

92.8

16-Dec-11

2097.68

42.53

0.12

89.3

80.33

52.47

9-Dec-11

1627.19

42.86

2.69

62.01

78.17

105.24

91.5

2-Dec-11

1501.52

12.85

15.26

67.15

47.59

110.27

59.3

25-Nov-11

855.26

21.63

14.24

13.81

26.56

9.04

110.73

18-Nov-11

1315.44

16.31

7.02

30.51

29.4

47.48

1.33

11-Nov-11

533.64

17.4

25.62

14.63

10.6

9.71

0.6

1107.97

6.03

11.72

63.64

18.15

29.98

0.99

28-Oct-11

541.7

4.56

19.63

30.03

14.52

9.88

5.36

21-Oct-11

1106.88

21.43

40.12

12.44

11.84

31.06

4.22

14-Oct-11

1034.15

17.16

64.13

19.91

24.02

0.89

833.41

22.47

92.59

20.9

29.6

3.79

4-Nov-11

7-Oct-11

Corporate bonds:
Corporate bonds are issued by corporations to raise capital. They are
safer than equities. The bondholders get a specified return every period.
These bonds can be of two types.

Convertible bonds: They can be converted into a pre-defined number of stocks as

and when required by the investor.
Non-Convertible bonds: Non-convertible bonds are just plain bonds.

Security

Issuer Name

Code

Cou
pon
(%)

936IDFC15

9.36

INFRASTRU
CTURE
DEVELOPM
ENT
FINANCE
COMPANY
LIMITED
1020TATAH TATA
OU17
HOUSING
920RUPL15 RELIANCE
UTILITIES
AND
POWER
PRIVATE
LTD
955MMFS16 M M
1014
FINANCIAL
SERVICES
LTD
955PFC15
POWER
FINANCE
CORPORAT
ION LTD
937NHB201 NATIONAL
5
HOUSING
BANK
978TATASO TATA SONS
NS15
LTD

10.2
9.2

Matur LTP
ity
Date

Turnove
weightage r
(
Pric Yiel Lacs)
e
d
30/01/ 97.89 97.8 10.9 7,500.00
2015
31
9
5

27/11/
2017
27/02/
2015

95.69
14
97.06
89

95.6
9
97.0
7

11.5 7,000.00
1
11.3 5,000.00
5

9.55

16/10/ 97.73 97.7 11.7 5,000.00

2014
3
3
5

9.55

13/01/ 98.06 98.0 11.0 5,000.00

2015
36
6
5

9.37

20/01/ 97.87 97.8 11

2015
98
8

9.78

23/07/ 98.34 98.3 10.7 4,000.00

2015
98
2
7

4,000.00

870PGC18

882RECL23

946PFC15

967TATASO
NS15
985TM30315

827PFC16

1050IBFL17

0STFC13

1150LNTFL
21

Power Grid
Corporation
of India
Limited
Rural
Electrificatio
n
Corporation
Limited
POWER
FINANCE
CORPORAT
ION
TATAT
SONS LTD
TATA
MOTORS
LTD
POWER
FINANCE
COPORATI
ON LTD
INDIABULL
S HOUSING
FINANCE
LIMITED
SHRIRAM
TRANSPOR
T FINANCE
COMPANY
LIMITED
LNT
Finance Ltd

8.7

15/07/ 94.99 94.9 10.0 3,000.00

2018
94
8
4

8.82

12/4/2 93.07 93.2 9.93 2,650.00

023
32
1

9.46

2/5/20 97.79 97.8 10.9 2,500.00

15
5

9.67

31/08/
2015
30/03/
2015

9.85

98.12
15
98.00
91

98.1 10.7 2,500.00

2
6
98.0 11.2 2,500.00
1

8.27

25/06/ 94.83 94.8 10.4 2,000.00

2016
03
5
5

10.5

30/04/ 100
2017

17/12/ 96.48 96.4 12.7 800

2013
48
8
9

11.5

30/12/ 106.6 106. 10.2 500

2021
6
6

100

10.4 1,000.00
6

835PFCL16

POWER
FINANCE
CORPORAT
ION LTD
891PFC17
POWER
FINANCE
CORPORAT
ION
LIMITED
940REC17
RURAL
ELECTRIFI
CATION
CORPORAT
ION LTD
0DEUTSCH DEUTSCHE
EIIPL13
INVESTME
NTS INDIA
PRIVATE
LIMITED
0DEUTSCH DEUTSCHE
E13
INVESTME
NTS INDIA
PRIVATE
LIMITED
0NABARD1 NATIONAL
9
BANK FOR
AGRICULT
URE
8.26IIFCL20 IIFCL
28
1075TATAP TATA
CL72
POWER
COMPANY
LIMITED

8.35

15/05/ 95.05 95.0 10.5 500

2016
38
5
1

8.91

15/10/ 95.67 95.6 10.2 500

2017
7
4

9.4

20/07/ 98.81 98.8 9.77 220

2017
1

18/11/ 105.9 105. 0

2013
96
97

200

4/10/2 113.5 113. 0

013
172
51

100

1/1/20 65.45 65.4 0

19
5

80

8.26

23/08/
2028
21/08/
2072

10.7
5

103.3
6
103.7
5

103. 7.87 60
36
103. 0
50
81

1030GSPCD GSPC
NL16
DISTRIBUTI
ON
NETWORKS
LIMITED
844IREDAL Indian
23
Renewable
Energy
Development
Agency
Limited
980SBS16
STATE
BANK OF
SAURASHT
RA
1140TATAP TATA
WER99
POWER
LIMITED
1150TATAS TATA
TEEL99
STEEL
LIMITED
919TNFIDC TAMIL
L23
NADU
POWER
FINANCE
975IDFC14 INFRASTRU
CTURE
DEVELOPM
ENT
FINANCE
COMPANY
LTD

10.3

22/04/ 100.1 100. 10.2 40

2016
8
18
1

8.44

10/5/2 94.85 94.8 9.25 40

023
5

9.8

30/06/ 99.75 99.7 9.88 40

2016
5

11.4

2/6/20 106.8 106. 0

99
4
84

11.5

11/5/2 106.0 105. 10.9 20

099
5
51

9.19

29/05/ 96.1
2023

9.75

11/7/2 99.95 99.9 9.74 20

014
5

20

96.1 9.82 20

925PGC19

1025STF15

POWER
9.25
GRID
CORPORAT
ION OF
INDIA LTD
SHRIRAM
10.2
TRANSPOR 5
T FINANCE
COMPANY
LTD

24/07/ 98.18 98.1 9.66 12.5

2019
8

9/8/20 100.7 100. 9.79 2

15
5
75

Total

56,874.5
0

F - Group Bonds & Warrants

As on 30 Aug 2013

All Prices in
Securit
y Code

Security
Name

Open

High

Low

Close

934856

0IIFL18

934844

0MFL17

934890

0STFC18

1,018.00 1,018.0 961.04

0
1,128.00 1,128.0 1,128.00
0
986
986
985

934876

1030SREI 1,020.11 1,020.1 1,020.11 1,020.

Total
Traded
Volum
e
77

1,017.
96
1,128. 5
00
985.33 30
10

Total
Turnov
er
76,914.0
0
5,640.00
29,560.0
0
10,201.0

C
934847
934848
934858
934871
934854
934855
934841
934842
934843
961750
961748
961764
961756
961751
961749
961754

1050TCF
S14
1050TCF
S14A
1075SCU
F17B
1175MFL
17
1275IIFL
18
1275IIFL
18A
1300MFL
14
1325MFL
15
1325MFL
17
719PFC2
023
722REC2
2TF
734HUD
CO23
734IRFC
2028
736PFC2
028
738REC2
7TF
740IIFCL
33

11

1,043.00 1,043.0
0
1,609.00 1,610.0
0
1,015.00 1,015.0
0
1,010.00 1,010.0
0
1,023.45 1,023.4
5
1,095.99 1,095.9
9
1,032.05 1,032.0
5
1,027.01 1,027.0
1
1,030.00 1,030.0
0
936.01 936.01

1,038.60 1,040.
57
1,606.00 1,606.
71
1,015.00 1,015.
00
1,010.00 1,010.
00
1,012.01 1,022.
40
1,095.99 1,095.
99
1,032.05 1,032.
05
1,027.01 1,027.
01
1,025.00 1,030.
00
936.01 936.01

331

3,44,252
.00
4,98,430
.00
20,300.0
0
10,100.0
0
1,04,234
.00
1,095.00

5,160.00

5,135.00

26

26,755.0
0
4,680.00

982.49

982.49

955

979.85 586

970

970

970

970

40

953

953

953

953

150

975

975

951

974.8

20

965

970

955.09

970

450

963

963

925.5

925.5

100

310
20
10
102

5,63,640
.00
38,800.0
0
1,42,950
.00
19,378.0
0
4,34,278
.00
94,277.0
0

961765
961743
961732
961744
961727

751HUD
CO28
793REC2
2
810IRFC
2327
812REC2
7
820NHAI
22

1,018.49 1,018.4 1,018.49 1,018.

9
49
970
980
963
963

1,018.00

437

4,23,205
.00
1,04,053
.00
30,47,01
7.00
5,95,718
.00

1,040.01 1,041.0 1,040.01 1,041. 100

5
05
980
985
978
978.18 3,107
1,065.30 1,085.0 1,065.30 1,084.
0
90

550

Secur Security
ity
Name
Code

Open

High

Low

96172
9
96172
8
96173
0
93488
8
93488
7
93484
9
93480
9
96173
4

1,055.1
0
1,099.7
1
1,059.9
0
1,005.0
0
982

1,058.5
0
1,099.7
1
1,064.9
9
1,005.0
0
984.8

1,050.0
0
1,077.0
1
1,059.9
0
1,001.0
0
972

Tota
l
Trad
ed
Volu
me
1,058.5 2,858
0
1,077.5 650
0
1,062.2 4,520
2
1,004.0 358
0
980.03 366

14.69

14.69

14.23

14.24

5.24

5.24

5.12

5.22

820PFC20
22
830NHAI2
7
830PFC20
27
940STFC1
8
980STFC1
8
CORO
INT NCD
DRREDD
YNCD
HUDCO05
0327

Close

351

Total
Turnov
er

30,19,26
2.00
7,08,636
.00
47,96,41
5.00
3,59,721
.00
3,58,664
.00
5,006.00

2,286 11,858.0
0
1,003.0 1,005.0 1,003.0 1,005.0 2,000 20,08,00
0
0
0
0
0.00

97265
5
97265
6
97265
7
93481
7
93481
9
94778
1
93478
1
93478
2
93478
3
93478
4
93483
2
93483
4
96172
4
96172
5
96172
6
93486
1
93486
3

IFCI01081
1B
IFCI01081
1C
IFCI01081
1D
IIFLNCDI
I
IIISLNCD
III2
LDL06FE
B12
LTFINNC
DI
LTFINNC
DII
LTFINNC
DIII
LTFINNC
DIV
MFINNCD
1D
MFINNCD
1F
MFINNCD
2B
MFINNCD
2C
MFINNCD
2D
RFL15A
RFL17C

12,500.
00
9,951.0
0
10,230.
00
1,209.9
9
988

12,500.
00
9,951.0
0
10,230.
00
1,209.9
9
989.9

12,500.
00
9,752.0
0
10,225.
00
1,209.9
9
981

12,500.
00
9,752.0
0
10,225.
00
1,209.9
9
982.6

160

3,73,00
0.00
1,004.0
0
1,023.1
1
1,430.1
5
1,060.0
0
990

3,73,00
0.00
1,005.0
0
1,023.1
1
1,445.0
0
1,060.0
0
990

3,73,00
0.00
1,004.0
0
1,023.1
0
1,430.1
5
1,060.0
0
985

3,73,00
0.00
1,005.0
0
1,023.1
0
1,445.0
0
1,060.0
0
985

960

960

954.1

955.33

923

1,061.0
0
1,052.0
5
1,155.1
0
1,020.0
0
995

1,061.1
0
1,053.0
0
1,168.0
0
1,020.0
0
995

1,050.0
0
1,051.0
0
1,155.1
0
1,000.0
1
990

1,055.3
5
1,053.0
0
1,164.5
0
1,005.0
1
990.49

399

30
20
4
200

108
30
437
5
100

85
179
107
705

20,00,00
0.00
2,96,540
.00
2,04,550
.00
4,839.00
1,96,918
.00
3,73,000
.00
1,08,529
.00
30,693.0
0
6,30,958
.00
5,300.00
98,695.0
0
8,82,649
.00
4,21,285
.00
89,451.0
0
2,08,036
.00
1,08,450
.00
6,98,298
.00

Secur Security
ity
Name
Code

Open

High

Low

93486
6
93486
8
93483
7
93484
0
96170
1
96170
4
96170
3
96169
3
93482
1
93482
4
93485
9
93486
0
93480
0

1,048.0
0
1,033.0
1
1,025.0
0
1,016.1
5
10,400.
00
10,200.
00
10,571.
00
10,125.
00
1,040.0
0
1,039.6
1
1,065.0
0
1,067.0
0
600

1,048.0
0
1,034.0
0
1,032.9
8
1,025.1
0
10,422.
00
10,200.
00
10,671.
96
10,125.
00
1,046.9
7
1,039.6
1
1,065.0
0
1,080.0
0
600

1,025.0
0
1,033.0
0
1,025.0
0
1,016.1
5
10,382.
04
10,200.
00
10,511.
02
10,040.
00
1,036.1
0
1,039.6
0
1,046.0
0
1,067.0
0
600

RFL17F
RFL18H
RFLNCD
O1C3
RFLNCD
O2C3
SBIBIIIR
SBIBIVNR
SBIBIVR
SBIBOND
SII
SCFNCD1
RES
SCFNCD2
RES
SCUF15C
SCUF17D
STF NCD3
UR

Close

Tota
l
Trad
ed
Volu
me
1,025.0 150
0
1,034.0 130
0
1,025.7 76
0
1,025.0 93
7
10,398. 100
41
10,200. 10
00
10,524. 66
34
10,119. 109
89
1,036.1 322
0
1,039.6 60
0
1,064.0 1,040
0
1,080.0 155
0
600
21

Total
Turnov
er

1,56,052
.00
1,34,338
.00
78,216.0
0
95,237.0
0
10,40,39
5.00
1,02,000
.00
6,97,014
.00
10,99,21
6.00
3,34,297
.00
62,376.0
0
10,93,28
1.00
1,65,905
.00
12,600.0
0

93478
6
93478
7
93485
0
93485
1
93485
3
93481
1
93481
2
93481
4

STFC
NCDII
STFC
NCDIII
STFC2012
A
STFC2012
B
STFC2012
D
STFNCD
1RES
STFNCD
1UNR
STFNCD
2RES

208

208

1,530.0
0
1,027.0
0
1,010.0
0
1,085.0
0
1,036.0
0
1,021.0
0
1,033.1
0

1,530.0
0
1,027.0
0
1,012.0
1
1,085.0
0
1,038.0
0
1,021.0
0
1,033.1
0

208

208

120

24,960.0
0
1,530.0 1,530.0 40
61,200.0
0
0
0
1,006.2 1,006.2 165 1,68,936
5
5
.00
1,008.9 1,009.3 214 2,16,039
5
0
.00
1,085.0 1,085.0 31
33,635.0
0
0
0
1,031.0 1,035.0 1,014 10,47,89
0
0
8.00
1,021.0 1,021.0 29
29,609.0
0
0
0
1,033.1 1,033.1 27
27,893.0
0
0
0