Research and Publications

Nov. 5, 2004 Variation in TotalTreasury Bills HoldersTreasury Billsof DifferentMaturitiesTotalOver theOver End 14 Day91 Day364 Day(2+3+4)WeekMarch (Intermediate)(Auction)(Auction) 1 234567 ReserveBank of India—————— Banks —17,00830,21847,226–32927,832 StateGovernments12,5601,670—14,2306,1846,775 Others 1696,4729,90816,5493412,293

(Face Value in Rs. crore) Gross Amount Raised Net Amount Raised 2004-2005 2003-2004 2003-2004 2004-2005 2003-2004 2003-2004 (Upto (Upto (Upto (Upto Oct. 29, 2004) Oct. 31, 2003) Oct. 29, 2004) Oct. 31, 2003) 1 2 3 4 5 6 7 1. Total 85,000 $ 99,434 1,35,934 50,684 $ 67,316 88,807 of which : 1.1 Devolvement/Private Placement on RBI 847 5,000 21,500 2. RBI's OMO Sales 1,046 36,316 41,849 Purchases — — — $ : Includes Rs.25,000 crore under Market Stabilisation Scheme.

(Rs. crore) Oct. 22, 2004 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 16,707 29,756 46,462 –97 27,069 State Governments 6,292 1,670 — 7,962 –156 506 Others 168 4,755 9,370 14,294 –1,852 37

(Rs. crore) Oct. 15, 2004 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 17,654 28,905 46,559 298 27,166 State Governments 6,303 1,670 145 8,118 –1,840 662 Others 261 5,808 10,076 16,145 477 1,889

(Rs. crore) Oct. 8, 2004 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 17,217 29,044 46,261 602 26,868 State Governments 8,687 1,270 — 9,957 –4,136 2,502 Others 328 6,262 9,078 15,668 –596 1,412

(Rs. crore) Oct. 1, 2004 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 16,779 28,880 45,659 839 26,266 State Governments 12,824 1,270 — 14,094 5,389 6,638 Others 322 6,700 9,242 16,264 136 2,008

(Rs. crore) Sep. 24, 2004 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 16,466 28,354 44,820 288 25,426 State Governments 7,434 1,270 — 8,704 425 1,249 Others 348 7,013 8,767 16,128 –327 1,871

(Rs. crore) Sep. 17, 2004 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 16,564 27,968 44,532 401 25,138 State Governments 7,009 1,270 — 8,279 –1,721 823 Others 386 6,915 9,154 16,455 –760 2,199

(Rs. crore) Sep. 10, 2004 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 16,458 27,673 44,131 762 24,738 State Governments 8,730 1,270 — 10,000 –2,563 2,545 Others 450 8,316 8,449 17,215 –743 2,958

(Rs. crore) Sep. 3, 2004 Variation in Total Treasury Bills Holders Treasury Bills of Different Maturities Total Over the Over End 14 Day 91 Day 364 Day (2+3+4) Week March (Intermediate) (Auction) (Auction) 1 2 3 4 5 6 7 Reserve Bank of India — — — — — — Banks — 15,895 27,474 43,369 –327 23,976 State Governments 11,393 1,170 — 12,563 3,765 5,108 Others 438 8,872 8,648 17,958 1,320 3,702