Statistics - CCIL

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TABLE 11: CCIL SETTLEMENT DETAILS

*Commenced operations from November 12, 2002, Cash and Tom settlement is with effect from February 5, 2004.

** Commenced operations from January 20, 2003.

Amount Crore`

Statistics

CCIL Monthly Newsletter April 2014

Outright Repo Forex* CBLO**Settlement

Period Trades ValueAvg.

TradesAvg.Vol

Trades ValueAvg.

TradesAvg.Vol

TradesValue(USD

Million)

Avg.Trades

Avg. Vol(USD

Million)

No oftrades

ValueAvg.

TradesAvg.Vol

2002-03 191843 1076147 646 3623 11672 468229 39 1577 100232 136102 1101 1496 159 852 3 16

2003-04 243585 1575133 820 5303 20927 943189 71 3208 330517 501342 1425 2161 3060 76851 10 262

2004-05 160682 1134222 550 3884 24364 1557907 83 5335 466327 899782 1976 3813 29351 976790 101 3345

2005-06 125509 864751 467 3215 25673 1694509 88 5803 489649 1179688 2084 5020 67463 2953134 229 10045

2006-07 137100 1021536 562 4187 29008 2556501 99 8755 606808 1776981 2550 7466 85881 4732271 292 16096

2007-08 188843 1653851 765 6696 26612 3948751 91 13523 757074 3133665 3181 13167 113277 8110828 385 27588

2008-09 245964 2160233 1047 9192 24280 4094286 85 14266 837520 3758904 3657 16414 118941 8824784 414 30748

2009-10 316956 2913890 1332 12243 28651 6072829 101 21308 883949 2988971 3843 12996 142052 15541378 498 54531

2010-11 332540 2870952 1346 11623 27409 4099284 93 13943 1150037 4191037 4792 17463 145383 12259745 495 41700

2011-12 412266 3488203 1732 14656 29806 3763877 102 12934 1283178 4642573 5579 20185 143949 11155428 495 38335

2012-13 658055 6592032 2731 27353 41566 5402765 144 18695 1396138 4830933 6018 20823 156099 12028040 540 41620

Apr-13 87041 1021301 4836 56739 3931 603520 179 27433 120500 465667 6694 25870 12372 1298341 562 59015

May-13 147290 1912565 6695 86935 4949 763713 198 30549 139715 462444 6653 22021 13526 1217645 541 48706

Jun-13 76678 903288 3834 45164 4223 613400 169 24536 140218 402295 7011 20115 14317 1538959 573 61558

Jul-13 69722 718259 3169 32648 4159 670303 160 25781 142541 414482 6788 19737 17508 1976477 648 73203

Aug-13 41021 424780 2051 21239 3596 564856 144 22594 126481 356554 6324 17828 15864 1734095 635 69364

Sep-13 55768 579258 2788 28963 3710 617125 155 25714 129061 354639 6793 18665 15059 1668333 627 69514

Oct-13 63519 627706 3025 29891 4209 651575 168 26063 126883 366083 6344 18304 14285 1382101 571 55284

Nov-13 50539 499569 2660 26293 3692 539935 154 22497 110011 325595 6471 19153 13909 1249180 580 52049

Dec-13 40664 428745 1936 20416 3483 515622 139 20625 115343 396522 5493 18882 15415 1393555 617 55742

Jan-14 85427 843578 3883 38344 4028 610391 155 23477 125539 402294 6277 20115 16400 1445991 631 55615

Feb-14 57198 561083 3178 31171 3125 503930 142 22906 105227 325310 6190 19136 13564 1165344 617 52970

Mar-14 45463 436567 2393 22977 3290 573756 137 23906 130696 471435 6879 24812 15699 1456171 654 60674

2013-14 820330 8956699 3390 37011 46395 7228127 158 24669 1512215 4743321 6490 20358 177918 17526192 605 59613

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TABLE 12: CATEGORYWISE BUYING ACTIVITY

Percent

* Call and Term Money segment.

* Call and Term Money segment.

TABLE 13: CATEGORYWISE SELLING ACTIVITY

Percent

Category OutrightReverse Repo

(FundsLending)

CBLOLending

UncollateralisedMoney Market

Lending*Forex

IRS-MIBOR

IRS-MIFOR

Co-operative Banks 2.12 0.25 2.17 24.44 0.14 - -

Financial Institutions 0.25 0.29 2.44 - 0.01 - -

Foreign Banks 39.52 9.66 2.79 10.67 45.99 80.63 75.18

Insurance Companies 1.55 5.85 10.38 - - - -

Mutual Funds 6.42 30.51 49.95 - - - -

Others 2.38 0.00 2.80 - - - -

Primary Dealers 15.93 0.94 0.11 0.07 - 10.88 0.00

Private Sector Banks 14.98 5.31 2.06 8.24 19.32 8.05 24.82

Public Sector Banks 16.85 47.19 27.30 56.58 34.53 0.43 0.00

Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00

Category Outright RepoCBLO

Borrowing

UncollateralisedMoney Market

Borrowing*Forex

IRS-MIBOR

IRS-MIFOR

Co-operative Banks 2.00 0.72 1.50 0.91 0.16 - -

Financial Institutions 0.13 0.00 5.42 - 0.01 - -

Foreign Banks 38.88 47.26 15.57 16.91 46.33 77.88 62.98

Insurance Companies 1.65 0.00 0.04 - - - -

Mutual Funds 9.52 0.00 1.97 - - - -

Others 1.22 13.53 15.02 - - - -

Primary Dealers 18.17 17.10 2.42 14.51 - 14.38 0.00

Private Sector Banks 14.36 8.62 21.12 36.96 19.22 7.50 37.02

Public Sector Banks 14.07 12.76 36.94 30.71 34.29 0.24 0.00

Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 Ap

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TABLE 14: COMPARABLE RATES

CCIL Monthly Newsletter

Money Market Rates (WAR) Benchmark Rates Auction Cut-offs Policy Rates

DateCall Repo CBLO

CCBOR(10:00 A.M.)

CCIL-MIBOR

(10:00 A.M.)

10Y Benchmark(WAY)

91 DTB 182 DTB 364 DTB LAF RepoLAF

ReverseRepo

1-Mar-14 7.5035 - 5.9669 - - - - - - 8.00 7.00

3-Mar-14 7.7835 7.9381 7.6453 7.9138 8.0474 8.8902 - - - 8.00 7.00

4-Mar-14 7.7339 7.8258 7.5256 7.8084 7.9848 8.8731 - - - 8.00 7.00

5-Mar-14 8.0062 7.7189 7.8448 7.6589 7.8481 8.8356 9.1905 - 9.0284 8.00 7.00

6-Mar-14 7.8325 7.9702 7.7781 7.9789 8.1044 8.8014 - - - 8.00 7.00

7-Mar-14 8.0504 7.9188 6.9623 7.4070 7.9877 8.8127 - - - 8.00 7.00

8-Mar-14 7.9724 - 7.3500 - - - - - - 8.00 7.00

10-Mar-14 7.9715 8.0263 7.9733 8.0340 8.1637 8.8102 - - - 8.00 7.00

11-Mar-14 8.0527 8.1283 7.8556 8.1573 8.2941 8.7503 - - - 8.00 7.00

12-Mar-14 8.1228 8.0663 8.1116 8.0373 8.1625 8.7310 9.2744 9.1206 - 8.00 7.00

13-Mar-14 8.0766 8.1331 8.0174 8.1164 8.2731 8.7244 - - - 8.00 7.00

14-Mar-14 8.6202 8.5651 8.7161 8.4650 8.5760 8.7673 - - - 8.00 7.00

15-Mar-14 8.2900 - 7.3200 - - - - - - 8.00 7.00

18-Mar-14 8.9483 8.9312 8.9641 8.9311 9.1000 8.8016 - - - 8.00 7.00

19-Mar-14 8.9200 8.9158 8.9181 8.9009 9.0085 8.7854 9.1905 - 8.8857 8.00 7.00

20-Mar-14 8.9300 8.9020 8.9720 8.9222 9.0175 8.8217 - - - 8.00 7.00

21-Mar-14 8.7889 8.8146 7.8981 8.0861 8.8240 8.7987 - - - 8.00 7.00

22-Mar-14 6.6642 - 7.9400 - - - - - - 8.00 7.00

24-Mar-14 8.8851 8.8629 8.9169 8.9255 9.0097 8.7804 - - - 8.00 7.00

25-Mar-14 8.6486 8.7829 8.7055 8.9550 8.9868 8.7891 - - - 8.00 7.00

26-Mar-14 8.1772 8.2476 8.1989 8.2558 8.6701 8.7742 8.8550 8.8579 - 8.00 7.00

27-Mar-14 8.0366 8.1700 8.2086 8.1680 8.3326 8.7981 - - - 8.00 7.00

28-Mar-14 11.7100 10.4993 11.2804 10.9284 13.7901 8.8171 - - - 8.00 7.00

29-Mar-14 9.7068 7.2500 8.9500 - - - - - - 8.00 7.00

Average 8.3930 8.3834 8.1675 8.4026 8.7464 8.7980 9.1276 8.9893 8.9571 8.00 7.00

Max 11.7100 10.4993 11.2804 10.9284 13.7901 8.8902 9.2744 9.1206 9.0284 8.00 7.00

Min 6.6642 7.2500 5.9669 7.4070 7.8481 8.7244 8.8550 8.8579 8.8857 8.00 7.00

SD 0.9351 0.6875 0.9827 0.7697 1.2914 0.0416 0.1860 0.1858 0.1009 0.00 0.00

Percent

April 2014

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TABLE 15 : PROPRIETARY / CONSTITUENT SETTLEMENT ANALYSIS

GOVERNMENT SECURITIES MARKETSETTLEMENT ANALYSIS

Number of Participants: 193

Percent

Outright Repo

Proprietary Constituent Proprietary ConstituentSettlement

PeriodTrades Value Trades Value Trades Value Trades Value

2002-03 80.54 87.54 19.46 12.46 99.58 99.81 0.42 0.19

2003-04 75.82 85.03 24.18 14.97 88.11 89.96 11.89 10.04

2004-05 75.96 81.95 24.04 18.05 81.83 86.21 18.17 13.79

2005-06 78.55 85.37 21.45 14.63 70.00 82.77 30.00 17.23

2006-07 87.78 90.06 12.22 9.94 70.67 85.01 29.33 14.99

2007-08 90.26 90.55 9.74 9.45 70.74 83.79 29.26 16.21

2008-09 89.48 88.32 10.52 11.68 72.60 87.98 27.40 12.02

2009-10 90.16 90.56 9.84 9.44 81.01 94.03 18.99 5.97

2010-11 89.23 89.92 10.77 10.08 80.58 89.37 19.42 10.63

2011-12 90.81 88.35 9.19 11.65 81.39 88.46 18.61 11.54

2012-13 89.69 87.05 10.31 12.95 90.89 92.91 9.11 7.09

Apr-13 91.32 86.25 8.68 13.75 92.83 94.50 7.17 5.50

May-13 90.98 87.12 9.02 12.88 93.23 95.51 6.77 4.49

Jun-13 90.41 86.17 9.59 13.83 92.97 94.85 7.03 5.15

Jul-13 89.48 86.16 10.52 13.84 90.67 93.81 9.33 6.19

Aug-13 82.26 79.40 17.74 20.60 89.32 92.82 10.68 7.18

Sep-13 84.56 81.44 15.44 18.56 91.32 94.25 8.68 5.75

Oct-13 86.71 82.80 13.29 17.20 93.13 93.72 6.87 6.28

Nov-13 90.04 88.76 9.96 11.24 93.15 93.37 6.85 6.63

Dec-13 87.51 85.72 12.49 14.28 90.41 90.16 9.59 9.84

Jan-14 89.43 84.29 10.57 15.71 91.88 92.15 8.12 7.85

Feb-14 89.38 85.28 10.62 14.72 91.71 92.49 8.29 7.51

Mar-14 84.63 81.91 15.37 18.09 91.31 92.18 8.69 7.82

2013-14 88.78 85.20 11.22 14.80 91.90 93.43 8.10 6.57

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TABLE 16: DEAL SIZE ANALYSIS Percent

< 5 Cr 5 Cr > 5 Cr <=10 Cr >10 Cr<=20 Cr > 20 CrSettlement

Period% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

2002-03 10.22 1.64 75.71 67.68 10.88 19.23 2.30 6.80 0.89 4.65

2003-04 12.23 1.72 68.92 53.29 11.98 18.40 2.54 6.51 4.33 20.09

2004-05 14.24 1.75 67.12 47.55 9.72 13.59 2.98 7.02 5.93 30.09

2005-06 15.26 1.78 67.75 49.17 8.05 11.49 2.68 6.36 6.26 31.20

2006-07 8.30 0.93 71.38 47.90 12.50 16.67 2.59 5.76 5.23 28.75

2007-08 5.30 0.51 60.70 34.66 23.17 26.40 3.47 6.62 7.36 31.81

2008-09 5.69 0.56 64.57 36.76 20.60 23.40 2.89 5.52 6.26 33.76

2009-10 5.35 0.54 65.32 35.53 18.16 19.71 3.31 6.03 7.86 38.20

2010-11 6.34 0.69 64.62 37.42 18.04 20.84 3.90 7.58 7.10 33.46

2011-12 5.32 0.57 66.66 39.39 17.19 20.27 3.91 7.74 6.92 32.03

2012-13 4.21 0.45 60.06 29.98 21.30 21.23 5.09 8.66 9.33 39.68

Apr-13 2.66 0.28 54.28 23.13 24.27 20.67 6.49 9.43 12.30 46.49

May-13 2.20 0.22 48.39 18.63 26.03 20.04 7.66 10.08 15.71 51.03

Jun-13 2.56 0.27 52.42 22.25 25.25 21.42 7.15 10.36 12.61 45.70

Jul-13 3.62 0.41 58.63 28.45 22.28 21.61 5.86 9.68 9.61 39.85

Aug-13 7.92 0.87 59.75 28.85 18.66 17.95 4.78 7.70 8.89 44.62

Sep-13 5.28 0.58 62.25 29.96 17.62 16.93 5.40 8.74 9.45 43.78

Oct-13 3.92 0.44 65.14 32.96 16.46 16.62 5.38 9.22 9.10 40.76

Nov-13 4.42 0.47 65.24 33.00 16.07 16.23 5.14 8.81 9.13 41.49

Dec-13 5.07 0.54 64.21 30.45 15.95 15.09 5.18 8.30 9.60 45.63

Jan-14 3.57 0.39 64.93 32.88 18.02 18.22 5.08 8.68 8.39 39.82

Feb-14 3.90 0.40 66.08 33.68 16.40 16.68 5.23 9.02 8.40 40.22

Mar-14 7.16 0.73 65.53 34.12 14.08 14.60 4.58 8.00 8.65 42.55

2013-14 3.85 0.40 58.80 26.93 20.49 18.74 5.97 9.29 10.89 44.65

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TABLE 17: INSTRUMENT WISE BREAKUP OF OUTRIGHT TRADES

Amount Crore`

Cen. Govt. Dated Securities Treasury Bills State Development LoansSettlement

Period ValueAvg.Value

%Share

ValueAvg.Value

%Share

ValueAvg.Value

%Share

2002-03 1032185 3475 95.91 37443 126 3.48 6519 22 0.61

2003-04 1458665 4911 92.61 102299 344 6.49 14169 48 0.90

2004-05 862820 2955 76.07 246703 845 21.75 24700 85 2.18

2005-06 657213 2443 76.00 189839 706 21.95 17700 66 2.05

2006-07 883248 4723 86.46 126956 679 12.43 11332 61 1.11

2007-08 1467704 5942 88.74 171914 696 10.39 14234 58 0.86

2008-09 1955412 8321 90.52 170436 725 7.89 34385 146 1.59

2009-10 2480850 10424 85.14 363283 1526 12.47 69757 293 2.39

2010-11 2552181 10333 88.90 275095 1114 9.58 43677 177 1.52

2011-12 3099108 13021 88.85 345237 1451 9.90 43859 184 1.26

2012-13 5920929 24568 89.82 552943 2294 8.39 118159 490 1.79

Apr-13 935699 51983 91.62 71689 3983 7.02 13914 773 1.36

May-13 1852003 84182 96.83 42917 1951 2.24 17646 802 0.92

Jun-13 844720 42236 93.52 46304 2315 5.13 12264 613 1.36

Jul-13 646106 29368 89.95 64739 2943 9.01 7413 337 1.03

Aug-13 307073 15354 72.29 103651 5183 24.40 14057 703 3.31

Sep-13 470541 23527 81.23 93993 4700 16.23 14724 736 2.54

Oct-13 538319 25634 85.76 76401 3638 12.17 12986 618 2.07

Nov-13 433209 22800 86.72 56185 2957 11.25 10175 536 2.04

Dec-13 341227 16249 79.59 77617 3696 18.10 9901 471 2.31

Jan-14 747508 33978 88.61 80487 3658 9.54 15583 708 1.85

Feb-14 495593 27533 88.33 54269 3015 9.67 11221 623 2.00

Mar-14 356662 18772 81.70 64941 3418 14.88 14963 788 3.43

2013-14 7968661 32928 88.97 833191 3443 9.30 154847 640 1.73

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TABLE 18: TENOR WISE ACTIVITY - CENTRAL GOVERNMENT DATED SECURITIESPercent

Year 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 Mar-14 2013-14

2003 0.40 0.06 - - - - - - - - - - -

2004 1.82 1.31 0.04 - - - - - - - - - -

2005 0.44 0.79 2.40 0.09 - - - - - - - - -

2006 0.32 0.49 2.01 2.04 0.20 - - - - - - - -

2007 0.50 0.51 1.34 2.35 1.55 0.06 - - - - - - -

2008 3.58 2.73 2.04 2.06 1.44 0.31 0.00 - - - - - -

2009 2.81 3.18 5.43 2.64 2.83 11.43 4.27 0.43 - - - - -

2010 5.14 4.20 10.39 12.56 2.91 6.29 3.50 3.38 0.59 - - - -

2011 15.85 7.48 6.88 4.70 14.48 1.17 1.99 3.21 1.14 0.15 - - -

2012 21.42 12.04 4.66 8.19 4.27 0.56 1.04 2.94 2.38 0.82 0.05 - -

2013 9.21 7.53 2.13 6.48 0.59 2.99 1.92 1.57 1.29 0.12 0.08 - 0.05

2014 0.44 5.51 6.04 12.79 6.12 1.49 6.75 10.24 0.82 0.12 0.07 0.78 0.34

2015 7.89 5.70 25.34 1.38 1.56 3.50 1.78 5.38 8.21 0.43 0.35 0.47 0.57

2016 2.98 0.88 2.07 0.26 32.66 1.00 1.63 13.70 5.12 0.80 0.13 0.05 0.20

2017 17.65 25.82 16.64 22.60 17.69 47.01 5.84 1.05 6.76 1.05 4.57 0.32 4.86

2018 0.51 6.96 3.73 1.38 0.14 0.08 42.75 0.15 0.04 6.55 1.56 0.35 1.48

2019 0.99 3.94 2.24 0.18 0.09 0.03 2.44 24.90 0.10 0.01 0.02 9.54 3.82

2020 0.06 3.75 1.73 0.10 0.10 0.01 0.02 19.27 32.76 1.56 7.77 19.32 6.38

2021 2.24 0.46 0.17 14.21 3.64 0.57 3.71 4.92 0.03 53.20 8.26 0.09 0.60

2022 2.77 2.66 1.44 1.13 0.52 5.82 1.56 1.43 35.55 13.87 25.16 0.10 12.91

2023 - 2.38 1.33 0.10 0.07 0.67 2.27 0.53 0.08 0.07 0.01 59.36 26.74

2024 - - - - 0.01 0.69 1.08 1.24 0.19 17.58 12.68 0.04 0.99

2025 - - - - - 0.16 1.30 0.30 0.05 0.01 10.78 0.10 13.02

2026 2.22 0.22 0.08 0.08 0.00 0.22 0.74 0.80 0.38 0.14 21.30 0.19 15.87

2027 - - - - 0.04 0.67 2.97 2.35 2.95 1.31 0.86 7.84 7.98

2028 - 1.14 0.98 0.09 0.06 0.03 0.04 0.01 0.01 0.00 0.00 0.00 0.00

2029 - - - - - - - - - 0.00 0.00 0.00 0.00

2030 - - - - - - - - - 0.95 3.88 0.40 2.06

2031 - - - - - - - - - 0.00 0.00 0.00 0.00

2032 0.74 0.29 0.30 0.35 0.27 2.46 7.71 0.62 0.72 0.27 0.31 0.39 0.91

2033 - - - - - - - - - 0.00 0.00 0.00 0.00

2034 - - 0.59 1.69 4.18 0.02 0.75 0.86 0.03 0.00 0.01 0.00 0.01

2035 - - - 2.55 0.08 0.01 0.26 0.26 0.01 0.00 0.00 0.10 0.10

2036 - - - - 4.50 12.75 3.07 0.10 0.04 0.00 0.45 0.00 0.03

2037 - - - - - - - - - 0.00 0.00 0.00 0.00

2038 - - - - - - - - - 0.00 0.00 0.00 0.00

2039 - - - - - - 0.63 0.38 0.00 0.00 0.00 0.00 0.00

2040 - - - - - - - - 0.75 0.62 0.11 0.01 0.03

2041 - - - - - - - - - 0.36 1.34 0.19 0.58

2042 - - - - - - - - - - 0.25 0.27 0.41

2043 - - - - - - - - - - 0.09 0.05

Total 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00

TABLE 19: NETTING FACTOR: FUNDS

Netting Factor denotes the extent of actual reduction achieved through multi-lateral offsetting of individual member fund

obligations (arising out of every trade) to a single net fund obligation. This process has significantly reduced individual

funding requirements for every member and also achieved reduction in market liquidity risk.

Amount Crore`

NETTING FACTOR

Settlement Period Gross Net Netting Factor (%)

2002-03 2324017 653519 71.88

2003-04 4038385 979592 75.74

2004-05 4582506 1037355 77.36

2005-06 4460523 905062 79.71

2006-07 6275182 968185 84.57

2007-08 9646481 1596638 83.45

2008-09 10756665 1674892 84.43

2009-10 15502457 2642001 82.96

2010-11 11233653 2561298 77.20

2011-12 10996999 2191680 80.07

2012-13 17585265 3101477 82.36

Apr-13 2259001 400804 82.26

May-13 3606734 427103 88.16

Jun-13 2217646 378685 82.92

Jul-13 1991334 378470 80.99

Aug-13 1500787 398366 73.46

Sep-13 1749375 375461 78.54

Oct-13 1855848 307775 83.42

Nov-13 1499640 291044 80.59

Dec-13 1433394 328009 77.12

Jan-14 2007150 352732 82.43

Feb-14 1527643 282797 81.49

Mar-14 1558827 335502 78.48

2013-14 23207382 4256748 81.66

TABLE 20: NETTING FACTOR: SECURITIES Amount Crore`


2004-05 4250540 2462556 42.06

2005-06 4384775 2012523 54.10

2006-07 6123933 2418739 60.50

2007-08 9536455 3776777 60.40

2008-09 10365006 3750501 63.82

2009-10 15056277 6461619 57.08

2010-11 11078385 4883399 55.92

2011-12 11011992 4139464 62.41

2012-13 17395376 6568929 62.24

Apr-13 2207860 789856 64.23

May-13 3415589 957925 71.95

Jun-13 2140972 826715 61.39

Jul-13 1975699 794422 59.79

Aug-13 1548096 789780 48.98

Sep-13 1815066 843283 53.54

Oct-13 1921374 794093 58.67

Nov-13 1560163 670655 57.01

Dec-13 1493544 715949 52.06

Jan-14 2060154 847848 58.85

Feb-14 1566710 665040 57.55

Mar-14 1597329 724060 54.67

2013-14 23302555 9419626 59.58

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TABLE 21: LIQUIDITY ANALYSIS FOR CENTRAL GOVERNMENT SECURITIES TRANSACTED DURING THE MONTH

Sr.No.

SecurityMaturity

Date

Daystraded(in last

12months)

Value tradedin last 12

months (FV in` Crore)

Percentshare inlast 12monthsValue

No. ofTrades(March,2014)

Value forMarch -2014 (FV

in` Crore)

Percentshare in(March2014)

Outstanding(FV in

` Crore)

TurnoverRatio*

Average DailyTrading Value

in last 12months(FV in

` Crore)

AverageDaily

TradingValue in

March - 2014(FV in

` Crore)

1 8.83% G.S. 2023 25-Nov-23 85 994633 12.48 24804 205294 57.56 33000 622 11702 10805

2 8.12% G.S. 2020 10-Dec-20 240 460309 5.78 6994 67865 19.03 76000 89 1918 3572

3 7.28% G.S. 2019 03-Jun-19 198 303468 3.81 3145 34005 9.53 53000 64 1533 1790

4 8.28% G.S. 2027 21-Sep-27 197 531460 6.67 2948 20039 5.62 75252 27 2698 1113

5 8.24% G.S. 2027 15-Feb-27 134 100629 1.26 1352 7888 2.21 76389 10 751 415

6 7.16% G.S. 2023 20-May-23 211 1128413 14.16 553 5181 1.45 77000 7 5348 273

7 6.07% G.S. 2014 15-May-14 146 16994 0.21 100 1854 0.52 27958 7 116 116

8 1.44% IIB 2023 05-Jun-23 99 7706 0.10 57 1252 0.35 6500 19 78 104

9 8.32% G.S. 2032 02-Aug-32 221 49402 0.62 120 1240 0.35 62434 2 224 65

10 9.20% G.S. 2030 30-Sep-30 118 25533 0.32 257 998 0.28 17000 6 216 55

11 8.30% G.S. 2042 31-Dec-42 190 32564 0.41 64 970 0.27 56000 2 171 57

12 8.07% G.S. 2017 (JUL) 03-Jul-17 214 373681 4.69 75 957 0.27 50000 2 1746 60

13 7.83% G.S.2018 11-Apr-18 196 110922 1.39 46 939 0.26 73000 1 566 72

14 7.37% G.S. 2014 16-Apr-14 45 2792 0.04 71 875 0.25 40751 2 62 109

15 7.38% G.S 2015 03-Sep-15 50 2867 0.04 18 850 0.24 57387 1 57 170

16 7.17% G.S. 2015 14-Jun-15 183 36352 0.46 76 772 0.22 55450 1 199 55

17 8.83% G.S. 2041 12-Dec-41 209 46114 0.58 46 681 0.19 90000 1 221 43

18 FRB 2020 21-Dec-20 41 1677 0.02 29 480 0.13 13000 4 41 53

19 8.97% G.S. 2030 05-Dec-30 230 138661 1.74 158 415 0.12 90000 0 603 26

20 8.33% G.S. 2026 09-Jul-26 236 1260245 15.82 118 381 0.11 90000 0 5340 22

21 7.40% G.S. 2035 09-Sep-35 121 7643 0.10 37 374 0.10 52000 1 63 37

22 8.20% G.S. 2025 24-Sep-25 235 1037429 13.02 92 336 0.09 90000 0 4415 21

93 CCIL Monthly Newsletter

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TABLE 21: LIQUIDITY ANALYSIS FOR CENTRAL GOVERNMENT SECURITIES TRANSACTED DURING THE MONTH (Contd.)

Sr.No.

SecurityMaturity

Date

Daystraded(in last

12months)






in` Crore)


Outstanding(FV in

` Crore)

TurnoverRatio*



` Crore)

AverageDaily

TradingValue in

March - 2014(FV in

` Crore)

23 6.35% G.S 2020 02-Jan-20 71 2678 0.03 6 325 0.09 61000 1 38 65

24 9.23% G.S. 2043 23-Dec-43 33 3665 0.05 18 311 0.09 39472 1 111 39

25 6.90% OMC SB 2026 04-Feb-26 92 4003 0.05 32 258 0.07 21942 1 44 65

26 5.69% G.S. 2018 25-Sep-18 49 1929 0.02 25 250 0.07 16130 2 39 50

27 7.80% G.S. 2021 11-Apr-21 103 14784 0.19 15 245 0.07 68000 0 144 31

28 8.15% G.S. 2022 11-Jun-22 201 1006371 12.63 30 219 0.06 83000 0 5007 18

29 8.19% G.S. 2020 16-Jan-20 144 39039 0.49 25 212 0.06 74000 0 271 27

30 8.28% G.S. 2032 15-Feb-32 195 21990 0.28 30 163 0.05 90687 0 113 14

31 9.15% G.S. 2024 14-Nov-24 197 77325 0.97 47 101 0.03 92000 0 393 8

32 7.49% G.S. 2017 16-Apr-17 83 2056 0.03 17 95 0.03 58000 0 25 12

33 8.15% FCI SB 2022 16-Oct-22 29 101 0.00 13 81 0.02 5000 2 3 10

34 7.59% G.S. 2016 12-Apr-16 106 7500 0.09 15 75 0.02 68000 0 71 11

35 8.79% G.S. 2021 08-Nov-21 116 32449 0.41 14 72 0.02 83000 0 280 9

36 7.99% G.S. 2017 09-Jul-17 71 5570 0.07 6 56 0.02 71000 0 78 14

37 8.26% G.S. 2027 02-Aug-27 105 4079 0.05 17 51 0.01 73427 0 39 6

38 8.24% G.S. 2018 22-Apr-18 72 4901 0.06 11 46 0.01 75000 0 68 12

39 12.30% G.S. 2016 02-Jul-16 7 278 0.00 1 43 0.01 13130 0 40 43

40 7.46% G.S 2017 28-Aug-17 56 677 0.01 11 41 0.01 57887 0 12 7

41 8.35% SBI SB 2024 27-Mar-24 25 484 0.01 2 40 0.01 9996 0 19 40

42 8.13% G.S. 2022 21-Sep-22 85 7067 0.09 27 38 0.01 70495 0 83 5

43 5.59% G.S. 2016 04-Jun-16 18 1018 0.01 4 35 0.01 6000 1 57 18

44 11.60% G.S. 2020 27-Dec-20 5 25 0.00 3 25 0.01 5000 1 5 8

April 2014

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TABLE 21: LIQUIDITY ANALYSIS FOR CENTRAL GOVERNMENT SECURITIES TRANSACTED DURING THE MONTH (Contd.)

Sr.No.

SecurityMaturity

Date

Daystraded(in last

12months)






in` Crore)


Outstanding(FV in

` Crore)

TurnoverRatio*



` Crore)

AverageDaily

TradingValue in

March - 2014(FV in

` Crore)

45 11.83% G.S. 2014 12-Nov-14 19 461 0.01 1 25 0.01 5042 0 24 25

46 10.18% G.S. 2026 11-Sep-26 18 34 0.00 4 24 0.01 15000 0 2 6

47 7.56% G.S. 2014 03-Nov-14 17 806 0.01 2 20 0.01 40845 0 47 10

48 8.30% G.S. 2040 02-Jul-40 70 2208 0.03 7 20 0.01 72000 0 32 5

49 7.02% G.S. 2016 17-Aug-16 72 7321 0.09 7 20 0.01 60000 0 102 7

50 10.79% G.S. 2015 19-May-15 7 43 0.00 4 16 0.00 999 2 6 8

51 6.35% OMC SB 2024 23-Dec-24 45 979 0.01 4 14 0.00 22000 0 22 14

52 10.45% G.S. 2018 30-Apr-18 12 354 0.00 6 11 0.00 3716 0 30 4

53 7.80% G.S. 2020 03-May-20 60 4392 0.06 4 11 0.00 60000 0 73 3

54 11.43% G.S. 2015 07-Aug-15 25 29 0.00 9 10 0.00 7204 0 1 1

55 6.49% G.S. 2015 08-Jun-15 67 6242 0.08 2 10 0.00 39500 0 93 5

56 7.95% OMC SB 2025 18-Jan-25 19 309 0.00 2 7 0.00 11257 0 16 7

57 10.47% G.S. 2015 12-Feb-15 9 24 0.00 4 5 0.00 3769 0 3 3

58 6.90% G.S. 2019 13-Jul-19 36 515 0.01 1 5 0.00 45000 0 14 5

59 8.33% G.S. 2036 07-Jun-36 62 2116 0.03 1 5 0.00 86000 0 34 5

60 6.05% G.S. 2019 02-Feb-19 23 236 0.00 1 4 0.00 53000 0 10 4

61 6.01% G.S. 2028 25-Mar-28 37 166 0.00 5 4 0.00 15000 0 4 2

62 8.08% G.S. 2022 02-Aug-22 87 11828 0.15 3 4 0.00 61969 0 136 1

63 10.70% G.S. 2020 22-Apr-20 13 11 0.00 2 4 0.00 6000 0 1 2

64 11.50% G.S. 2015 21-May-15 17 55 0.00 4 3 0.00 1899 0 3 1

65 7.94% G.S. 2021 24-May-21 25 233 0.00 1 2 0.00 49000 0 9 2

66 8.01% OMC SB 2023 15-Dec-23 4 3 0.00 4 2 0.00 4150 0 1 1

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TABLE 21: LIQUIDITY ANALYSIS FOR CENTRAL GOVERNMENT SECURITIES TRANSACTED DURING THE MONTH

Sr.No.

SecurityMaturity

Date

Daystraded(in last

12months)






in` Crore)


Outstanding(FV in

` Crore)

TurnoverRatio*



` Crore)

AverageDaily

TradingValue in

March - 2014(FV in

` Crore)

67 10.03% G.S. 2019 09-Aug-19 6 4 0.00 7 2 0.00 6000 0 1 1

68 6.05% G.S. 2019 12-Jun-19 33 150 0.00 5 2 0.00 11000 0 5 1

69 10.25% G.S. 2021 30-May-21 17 11 0.00 2 1 0.00 26213 0 1 1

70 7.75% OMC SB 2021 28-Nov-21 2 1 0.00 2 1 0.00 5000 0 1 1

71 8.35% G.S. 2022 14-May-22 29 145 0.00 2 1 0.00 44000 0 5 1

72 8.13% OMC SB 2021 16-Oct-21 6 2 0.00 3 1 0.00 5000 0 0 0

73 8.07% G.S. 2017 15-Jan-17 95 5561 0.07 4 1 0.00 69000 0 59 0

74 8.20% OMC SB 2024 15-Sep-24 29 30 0.00 4 1 0.00 10306 0 1 0

75 8.23% FCI SB 2027 12-Feb-27 10 16 0.00 3 1 0.00 6200 0 2 1

76 6.25% G.S 2018 02-Jan-18 36 148 0.00 2 0 0.00 16887 - 4 0

77 8.20% OMC SB 2023 10-Nov-23 17 167 0.00 4 0 0.00 22000 - 10 0

78 7.95% G.S 2032 28-Aug-32 50 585 0.01 2 0 0.00 59000 - 12 0

79 7% OMC SB 2022 10-Dec-22 10 87 0.00 2 0 0.00 6072 - 9 0

80 12.60% G.S. 2018 23-Nov-18 16 27 0.00 2 0 0.00 12632 - 2 0

81Other Securities Traded During The Past 12Months But Not Traded During TheMonth

15880 0.20 0.00

Total 7968662 100.00 41651 356665 100.00

*Turnover Ratio has been calculated as trading value as a percentage of of respective security.outstanding

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TABLE 22: MARKET SHARE OF TOP 'N' SECURITIES Percent

TABLE 23: MARKET SHARE OF MEMBERS IN OUTRIGHT SETTLEMENT Percent

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Settlement Period Top 5 Top 10 Top 15 Top 20

2003-04 39.01 57.30 70.28 79.43

2004-05 49.97 66.31 74.56 80.36

2005-06 63.75 82.82 89.67 92.85

2006-07 74.88 88.82 92.37 94.88

2007-08 66.35 83.84 92.54 95.79

2008-09 61.07 73.89 81.92 87.35

2009-10 60.71 79.08 86.48 90.54

2010-11 71.77 88.33 93.91 96.39

2011-12 85.51 94.15 97.07 98.68

2012-13 77.59 94.68 97.63 98.70

Apr-13 83.37 95.95 98.13 98.96

May-13 86.01 95.38 97.83 98.79

Jun-13 87.26 94.57 97.05 98.09

Jul-13 86.20 94.59 97.20 98.47

Aug-13 87.92 95.58 98.35 99.41

Sep-13 87.99 96.24 98.27 99.20

Oct-13 90.84 96.32 98.75 99.48

Nov-13 92.21 96.58 98.32 99.08

Dec-13 88.34 94.77 97.21 98.45

Jan-14 92.09 97.73 98.74 99.29

Feb-14 94.81 98.10 99.22 99.59

Mar-14 93.95 96.90 98.19 98.95

2013-14 68.11 90.79 95.61 97.70

Settlement Period Top 5 Top 10 Top 15 Top 20

2002-03 20.17 32.59 42.33 50.14

2003-04 19.02 31.58 40.63 48.49

2004-05 21.20 35.51 46.10 54.37

2005-06 21.84 37.47 49.11 57.64

2006-07 28.93 45.34 57.08 65.89

2007-08 27.42 43.65 56.17 65.31

2008-09 28.33 45.51 57.23 65.63

2009-10 28.74 44.32 55.32 63.35

2010-11 34.01 49.31 59.66 67.17

2011-12 30.04 47.85 60.10 68.81

2012-13 31.30 48.48 59.42 67.31

Apr-13 33.65 48.67 58.50 66.01

May-13 32.89 50.36 61.11 68.26

Jun-13 31.65 47.22 58.13 66.84

Jul-13 30.98 46.76 57.73 65.41

Aug-13 33.37 49.14 59.32 67.57

Sep-13 34.63 51.62 60.85 68.19

Oct-13 32.81 48.96 58.03 65.35

Nov-13 30.44 46.95 58.14 66.91

Dec-13 32.87 47.21 56.70 64.98

Jan-14 33.29 50.21 60.03 68.41

Feb-14 37.37 53.72 63.77 70.90

Mar-14 39.50 53.26 61.52 68.39

2013-14 33.33 49.48 59.63 67.34

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TABLE 24: MARKET SHARE OF TOP FIVE MEMBERS (CATEGORYWISE) Percent

CategoriesCooperative

BanksForeignBanks

Public SectorBanks

Private SectorBanks

MutualFunds

PrimaryDealers

No of Members 47 38 26 19 29 8

2002-03 87.04 75.91 41.44 50.65 59.76 62.00

2003-04 76.72 75.48 43.88 53.33 55.47 62.96

2004-05 82.30 77.94 51.20 69.12 56.99 61.90

2005-06 75.10 77.91 53.45 71.55 56.49 56.95

2006-07 77.20 76.04 52.57 73.68 68.00 72.44

2007-08 86.70 74.99 55.29 73.01 70.20 86.20

2008-09 82.16 76.26 52.53 76.79 66.10 86.83

2009-10 72.08 79.86 47.99 79.61 64.19 82.44

2010-11 62.05 83.05 48.99 74.60 66.49 84.80

2011-12 61.15 75.91 51.48 74.43 68.01 82.38

2012-13 55.50 77.32 48.92 83.43 65.36 82.08

Apr-13 54.43 80.45 42.21 86.77 65.35 81.82

May-13 56.15 82.29 46.32 86.06 68.73 87.27

Jun-13 55.17 83.47 46.65 86.14 70.81 86.03

Jul-13 54.26 81.15 50.99 81.16 63.77 89.24

Aug-13 57.43 81.91 51.98 91.57 57.55 84.91

Sep-13 60.51 78.65 41.06 91.72 59.95 85.68

Oct-13 56.96 79.11 39.39 88.39 62.70 81.34

Nov-13 49.54 78.72 40.97 87.66 71.85 84.19

Dec-13 61.45 81.50 47.23 84.02 63.58 85.42

Jan-14 55.69 81.74 48.39 86.40 69.68 88.98

Feb-14 51.72 80.09 46.50 86.22 58.70 81.61

Mar-14 44.61 82.03 44.10 85.91 57.00 83.87

2013-14 55.31 81.15 45.68 86.53 65.08 85.35

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TRADING ANALYSIS

TABLE 25: TRADING PLATFORM ANALYSIS OF OUTRIGHT TRADES Amount Crore`

OTC NDS-OMPeriod

Trades%

ShareValue

%Share

Trades%

ShareValue

%Share

2005-06 38809 50.36 292515 56.98 38251 49.64 220890 43.02

2006-07 35322 25.79 368704 36.11 101641 74.21 652270 63.89

2007-08 31020 16.43 453226 27.42 157823 83.57 1199919 72.58

2008-09 35288 14.35 613229 28.36 210585 85.65 1548906 71.64

2009-10 40736 12.87 798397 27.41 275769 87.13 2113896 72.59

2010-11 42710 12.85 622558 21.73 289636 87.15 2241886 78.27

2011-12 44908 10.89 731938 20.96 367495 89.11 2760795 79.04

2012-13 57757 8.79 1179701 17.91 599316 91.21 5408334 82.09

Apr-13 4770 5.19 147561 13.70 87077 94.81 929259 86.30

May-13 6616 4.58 191181 10.15 137892 95.42 1691531 89.85

Jun-13 4223 5.48 127548 14.16 72850 94.52 773525 85.84

Jul-13 4371 6.57 111540 16.30 62157 93.43 572715 83.70

Aug-13 5264 12.54 126766 29.08 36704 87.46 309120 70.92

Sep-13 5190 9.41 130964 22.85 49987 90.59 442272 77.15

Oct-13 4573 7.20 112696 17.96 58963 92.80 514802 82.04

Nov-13 4081 8.03 94134 18.62 46738 91.97 411503 81.38

Dec-13 4146 10.26 116689 27.55 36245 89.74 306834 72.45

Jan-14 5677 6.51 154322 17.99 81536 93.49 703425 82.01

Feb-14 3963 7.15 102956 18.80 51455 92.85 444797 81.20

Mar-14 4671 10.61 84953 20.08 39360 89.39 338201 79.92

2013-14 57545 7.03 1501310 16.79 760964 92.97 7437982 83.21

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TABLE 26: WHEN-ISSUED TRADING - HISTORICAL Amount Crore`

TABLE 27: MARKET SHARE IN PROPRIETARY TRADES*Percent

* Trade Data

Buy SellCategory

Trades Value Trades Value

Co-operative Banks 3.45 2.07 3.93 2.03

Financial Institutions 0.21 0.31 0.20 0.16

Foreign Banks 35.13 38.97 34.82 38.64

Insurance Companies 1.53 1.85 1.50 1.74

Mutual Funds 5.80 8.20 8.26 10.52

Others 0.88 1.28 0.39 1.06

Primary Dealers 18.38 18.13 18.25 19.50

Private Sector Banks 9.91 9.81 9.26 9.89

Provident Funds 0.57 1.02 0.00 0.00

Public Sector Banks 24.14 18.36 23.40 16.47

Period Trades Value

2006-07 154 1270

2007-08 169 1530

2008-09 335 3000

2009-10 320 3180

2010-11 306 2715

2011-12 391 2985

2012-13 1586 11805

Apr-13 173 1220

May-13 75 565

Jun-13 87 855

Jul-13 144 1080

Aug-13 255 1830

Sep-13 78 805

Oct-13 124 900

Nov-13 195 1605

Dec-13 170 1655

Jan-14 91 705

Feb-14 14 75

Mar-14 - -

2013-14 1406 11295

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TABLE 28: MARKET SHARE IN CONSTITUENT TRADES*

Percent

Percent

TABLE 29: TURNOVER RATIO

*Trade data

TABLE 30: NET MARKET ACTIVITY IN G-SEC TRADING

Percent

Buy SellConstituent Category


Banks 0.27 0.22 0.00 0.00

Co-operative Banks 21.19 7.80 11.88 3.53

Corporates 19.72 42.60 38.08 54.08

FIIs 1.56 10.25 2.71 18.68

Insurance Companies 7.08 10.35 4.78 4.98

Mutual Funds 0.35 0.36 1.03 1.07

Finance Cos. 18.37 16.22 37.47 15.26

Others 1.52 0.56 0.18 0.02

Primary Dealers 0.25 0.80 0.61 1.00

Provident Funds 29.70 10.84 3.25 1.39

DateForeignBanks

MutualFunds

Others Primary DealersPrivate Sector

BanksPublic Sector

Banks

3-Mar-14 3.45 -5.20 0.95 -0.25 -2.18 3.24

4-Mar-14 5.90 -8.69 -2.02 2.62 3.27 -1.08

5-Mar-14 -0.94 -1.30 -0.33 0.35 -1.30 3.52

6-Mar-14 2.04 -1.15 -1.44 -3.08 5.01 -1.38

7-Mar-14 -0.21 0.58 1.41 -1.65 -3.45 3.32

10-Mar-14 2.07 -2.31 -2.92 5.53 1.44 -3.81

11-Mar-14 5.16 -4.00 -0.72 2.84 -0.19 -3.10

12-Mar-14 9.55 0.38 0.10 -1.20 -2.97 -5.85

13-Mar-14 5.19 -2.39 0.76 -2.17 -0.47 -0.93

14-Mar-14 -0.02 -0.35 2.65 -4.22 -2.88 4.81

18-Mar-14 -3.47 -5.05 6.42 1.23 -1.24 2.11

19-Mar-14 -2.02 0.93 1.68 -2.57 3.67 -1.68

20-Mar-14 -5.81 -2.61 3.37 0.99 -2.41 6.47

21-Mar-14 -2.09 0.67 3.02 -1.01 1.18 -1.76

24-Mar-14 -2.32 -3.09 2.07 1.03 1.48 0.83

25-Mar-14 -2.96 -1.51 2.09 -1.68 3.23 0.83

26-Mar-14 -0.14 -4.96 -0.14 4.85 1.34 -0.96

27-Mar-14 1.38 -9.18 -0.23 1.89 -1.10 7.24

28-Mar-14 -7.86 12.20 1.87 -3.76 2.47 -4.93

Net Activity in Mar-14 1.31 -2.42 0.61 0.01 0.33 0.16

Current Month Previous Month 3 Months 6 Months 12 Months

1.02% 1.51% 0.91% 1.41% 1.92%

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TABLE 31: TRADING SUMMARY

Amount Crore`

*Amount in USD Million

CentralGovernment

SDL T-Bills Total Repo CBLO Forex*Date

Trades Value Trades Value Trades Value Trades Value Trades Value Trades Value Trades Value

1-Mar-14 0 0 147 9143

3-Mar-14 2036 18759 70 330 50 2204 2156 21294 158 24998 907 100646 5917 24074

4-Mar-14 2941 26361 61 398 39 1755 3041 28514 177 29649 829 91107 5956 22612

5-Mar-14 2378 20744 71 438 93 3647 2542 24829 192 33538 795 90441 5269 19336

6-Mar-14 3509 30757 92 433 74 1726 3675 32916 214 37151 807 78934 5494 19771

7-Mar-14 1683 14586 61 247 61 1978 1805 16810 383 67435 614 35428 5681 22096

8-Mar-14 0 0 153 6911

10-Mar-14 1806 13445 57 228 57 2216 1920 15888 201 33324 836 79931 7439 25609

11-Mar-14 3605 29133 159 2653 69 2926 3833 34713 175 29311 843 86820 6219 21824

12-Mar-14 2642 21177 112 769 135 6831 2889 28777 192 30432 761 76596 6288 21203

13-Mar-14 2885 27039 100 973 77 2366 3062 30378 191 30365 762 73814 7112 20098

14-Mar-14 1755 15809 90 834 88 4123 1933 20765 176 33887 764 59614 6739 24465

15-Mar-14 0 0 242 12001

18-Mar-14 1372 12574 76 557 61 3070 1509 16200 142 23058 758 73496 6244 22241

19-Mar-14 1520 12426 100 596 154 7949 1774 20971 118 20366 734 75518 7047 19078

20-Mar-14 2066 17607 122 922 110 3396 2298 21925 133 25581 685 72958 5805 18729

21-Mar-14 1696 13483 105 487 97 3034 1898 17004 289 61994 599 35125 6382 20371

22-Mar-14 0 0 221 11094

24-Mar-14 1415 11729 101 477 63 1225 1579 13431 128 22990 805 85522 7254 19795

25-Mar-14 1689 13886 190 1776 113 3853 1992 19514 127 22672 810 90985 6461 17978

26-Mar-14 2084 16570 201 1443 121 2968 2406 20981 120 21173 786 77591 6237 16884

27-Mar-14 1901 15166 261 976 189 6914 2351 23057 116 17982 841 74571 7763 21297

28-Mar-14 1234 10707 45 207 89 4272 1368 15186 57 7826 815 48318 15389 93974

29-Mar-14 1 25 185 9609

Total 40217 341957 2074 14743 1740 66454 44031 423154 3290 573756 15699 1456171 130696 471435

Average 2117 17998 109 776 92 3498 2317 22271 137 23906 654 60674 6879 24812

MarketShare (%)

91.34 80.81 4.71 3.48 3.95 15.70

April 2014

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TABLE 32: G-SEC TRADING ANALYSIS

Amount Crore`

OTC (Gilts) NDS-OM (Gilts) Brokered Deals (Gilts) Total (Gilts)

DateTrades

No. ofSecurities

ValueMarketShare(%)

TradesNo. of

SecuritiesValue

MarketShare(%)

TradesNo. of

SecuritiesValue

MarketShare(%)

TradesNo. of

SecuritiesValue

3-Mar-14 91 21 2005 10.69 1945 18 16754 89.31 16 10 885 4.72 2036 39 18759

4-Mar-14 74 16 2712 10.29 2867 20 23650 89.71 24 9 1207 4.58 2941 36 26361

5-Mar-14 97 23 1532 7.39 2281 19 19212 92.61 19 7 278 1.34 2378 42 20744

6-Mar-14 109 23 2204 7.17 3400 22 28553 92.83 30 16 1070 3.48 3509 45 30757

7-Mar-14 62 14 1265 8.67 1621 14 13321 91.33 14 6 330 2.26 1683 28 14586

10-Mar-14 81 20 791 5.88 1725 23 12654 94.12 19 13 535 3.98 1806 29 13445

11-Mar-14 144 22 2626 9.02 3461 25 26507 90.98 28 9 1204 4.13 3605 31 29133

12-Mar-14 125 27 1792 8.46 2517 22 19386 91.54 24 9 872 4.12 2642 32 21177

13-Mar-14 134 20 4314 15.96 2751 16 22725 84.04 24 12 2848 10.53 2885 23 27039

14-Mar-14 118 22 2398 15.17 1637 18 13410 84.83 35 10 1312 8.30 1755 26 15809

18-Mar-14 92 19 1767 14.05 1280 24 10807 85.95 31 9 987 7.85 1372 29 12574

19-Mar-14 86 24 1167 9.39 1434 23 11259 90.61 19 9 697 5.61 1520 31 12426

20-Mar-14 115 17 894 5.08 1951 24 16714 94.92 22 8 604 3.43 2066 28 17607

21-Mar-14 107 23 823 6.11 1589 18 12659 93.89 11 8 182 1.35 1696 28 13483

24-Mar-14 151 20 1825 15.56 1264 24 9905 84.44 27 13 622 5.30 1415 28 11729

25-Mar-14 222 39 2439 17.57 1467 22 11446 82.43 44 15 1027 7.40 1689 45 13886

26-Mar-14 228 33 2329 14.05 1856 23 14241 85.95 39 12 1045 6.31 2084 39 16570

27-Mar-14 256 24 1371 9.04 1645 30 13796 90.96 22 11 425 2.80 1901 34 15166

28-Mar-14 97 28 1263 11.80 1137 24 9443 88.20 26 12 485 4.53 1234 34 10707

Total 2389 35516 37828 306441 474 16614 40217 341957

Average 126 23 1869 1991 22 16128 25 10 874 2117 33 17998

Percent Market Share 10.39 89.61 4.86

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TABLE 33: T-BILL TRADING ANALYSIS

Amount Crore`

OTC (T-Bills) NDS-OM (T-Bills) Brokered Deals (T-Bills) Total (T-Bills)

DateTrades

No. ofSecurities

ValueMarketShare(%)

TradesNo. of

SecuritiesValue

MarketShare(%)

TradesNo. of

SecuritiesValue

MarketShare(%)

TradesNo. of

SecuritiesValue

3-Mar-14 22 9 1141 51.78 28 6 1063 48.22 8 5 920 41.73 50 15 2204

4-Mar-14 25 14 1375 78.34 14 6 380 21.66 13 9 1113 63.43 39 20 1755

5-Mar-14 48 10 2617 71.75 45 10 1030 28.25 5 5 460 12.61 93 20 3647

6-Mar-14 36 13 1066 61.79 38 12 659 38.21 8 4 581 33.66 74 25 1726

7-Mar-14 24 12 1328 67.10 37 13 651 32.90 7 5 1067 53.95 61 25 1978

10-Mar-14 24 14 996 44.94 33 12 1220 55.06 13 12 972 43.87 57 20 2216

11-Mar-14 23 14 1618 55.30 46 17 1308 44.70 8 4 1250 42.72 69 25 2926

12-Mar-14 76 19 4524 66.23 59 18 2307 33.77 26 13 1653 24.20 135 26 6831

13-Mar-14 40 17 1641 69.34 37 10 726 30.66 19 9 1400 59.16 77 22 2366

14-Mar-14 36 12 2814 68.26 52 14 1309 31.74 24 11 2800 67.91 88 18 4123

18-Mar-14 28 16 2224 72.47 33 10 845 27.53 10 7 1557 50.74 61 21 3070

19-Mar-14 82 25 5789 72.83 72 18 2160 27.17 24 11 1796 22.59 154 32 7949

20-Mar-14 33 13 1392 41.00 77 20 2004 59.00 8 4 1155 34.01 110 25 3396

21-Mar-14 34 16 1590 52.40 63 16 1444 47.60 10 6 1510 49.76 97 23 3034

24-Mar-14 27 11 530 43.26 36 13 695 56.74 3 3 260 21.21 63 20 1225

25-Mar-14 42 17 1980 51.38 71 13 1873 48.62 16 9 1610 41.79 113 22 3853

26-Mar-14 64 16 1643 55.37 57 16 1325 44.63 10 8 601 20.26 121 21 2968

27-Mar-14 82 20 2753 39.82 107 22 4161 60.18 18 12 1253 18.12 189 30 6914

28-Mar-14 18 6 1444 33.79 71 18 2828 66.21 7 4 975 22.82 89 20 4272

Total 764 38465 976 27988 237 22933 1740 66454

Average 40 14 2024 51 14 1473 12 7 1207 92 23 3498

Percent MarketShare

57.88 42.12 34.51

April 2014

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TABLE 34: SDL TRADING ANALYSIS

Amount Crore`

OTC (SDLs) NDS-OM (SDLs) Brokered Deals (SDLs) Total (SDLs)

DateTrades

No. ofSecurities

ValueMarketShare(%)

TradesNo. of

SecuritiesValue

MarketShare(%)

TradesNo. of

SecuritiesValue

MarketShare(%)

TradesNo. of

SecuritiesValue

3-Mar-14 34 13 89 26.99 36 11 241 73.01 1 1 10 3.03 70 24 330

4-Mar-14 35 13 174 43.57 26 15 225 56.43 5 2 60 15.06 61 28 398

5-Mar-14 53 18 280 63.90 18 11 158 36.10 7 3 80 18.25 71 29 438

6-Mar-14 67 22 249 57.44 25 21 184 42.56 6 5 40 9.23 92 43 433

7-Mar-14 48 19 184 74.59 13 11 63 25.41 4 4 40 16.23 61 30 247

10-Mar-14 33 15 121 52.99 24 15 107 47.01 4 3 25 10.98 57 28 228

11-Mar-14 137 24 2513 94.71 22 12 140 5.29 13 5 218 8.23 159 29 2653

12-Mar-14 82 27 601 78.23 30 16 167 21.77 7 6 65 8.45 112 31 769

13-Mar-14 77 21 751 77.20 23 13 222 22.80 6 5 95 9.76 100 28 973

14-Mar-14 60 21 642 76.97 30 13 192 23.03 2 2 13 1.53 90 27 834

18-Mar-14 57 20 482 86.60 19 10 75 13.40 4 3 38 6.85 76 23 557

19-Mar-14 70 28 468 78.52 30 17 128 21.48 5 5 49 8.25 100 35 596

20-Mar-14 93 35 350 37.94 29 19 572 62.06 2 2 10 1.09 122 42 922

21-Mar-14 79 22 385 79.05 26 14 102 20.95 11 6 70 14.37 105 29 487

24-Mar-14 76 28 329 68.89 25 15 148 31.11 5 4 75 15.72 101 33 477

25-Mar-14 136 56 1486 83.68 54 23 290 16.32 3 2 25 1.41 190 59 1776

26-Mar-14 137 36 1078 74.73 64 19 365 25.27 10 4 82 5.71 201 41 1443

27-Mar-14 213 52 633 64.82 48 24 344 35.18 11 6 117 11.96 261 57 976

28-Mar-14 31 13 158 76.12 14 11 49 23.87 8 6 97 46.82 45 24 207

Total 1518 10971 556 3772 114 1209 2074 14743

Average 80 25 577 29 15 199 6 4 64 109 34 776

Percent MarketShare

74.41 25.58 8.20

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TABLE 35: LIQUIDITY OF TRADES GREATER THAN 5 CRORE (G-SEC)`

Sr.No.

ISINDESC TradesValue(` Cr.)

MarketShare(% )

DaysTraded

Days Traded with 5trades or more per

day

Days Traded withless than 5 trades per

day

1 8.83% G.S. 2023 23594 193614 56.89 19 19 0

2 8.12% G.S. 2020 6875 67156 19.73 19 19 0

3 7.28% G.S. 2019 3046 32943 9.68 19 19 0

4 8.28% G.S. 2027 2407 18579 5.46 18 18 0

5 8.24% G.S. 2027 967 7220 2.12 19 19 0

6 7.16% G.S. 2023 495 5457 1.60 19 19 0

7 6.07% G.S. 2014 89 1649 0.48 15 7 8

8 1.44% IIB 2023 61 1334 0.39 13 7 6

9 8.32% G.S. 2032 95 1219 0.36 18 9 9

10 8.07% G.S. 2017 (JUL) 80 982 0.29 17 6 11

11 7.37% G.S. 2014 70 945 0.28 8 5 3

12 8.30% G.S. 2042 58 916 0.27 17 4 13

13 9.20% G.S. 2030 100 883 0.26 16 10 6

14 7.83% G.S.2018 44 860 0.25 12 2 10

15 7.17% G.S. 2015 81 780 0.23 13 6 7

16 7.38% G.S 2015 14 745 0.22 4 1 3

17 8.83% G.S. 2041 38 650 0.19 15 1 14

18 8.33% G.S. 2026 65 505 0.15 11 5 6

19 FRB 2020 29 500 0.15 9 2 7

20 9.23% G.S. 2043 19 330 0.10 8 1 7

21 6.35% G.S 2020 4 325 0.10 3 - 3

22 8.20% G.S. 2025 46 290 0.09 11 3 8

23 8.97% G.S. 2030 39 290 0.09 10 3 7

24 7.80% G.S. 2021 15 255 0.07 9 - 9

25 5.69% G.S. 2018 25 250 0.07 5 2 3

26 8.15% G.S. 2022 24 215 0.06 10 1 9

27 6.90% OMC SB 2026 23 190 0.06 1 1 -

28 8.28% G.S. 2032 19 172 0.05 8 - 8

29 8.19% G.S. 2020 5 140 0.04 5 - 5

30 7.40% G.S. 2035 6 105 0.03 5 - 5

31 7.59% G.S. 2016 16 80 0.02 8 1 7

32 8.15% FCI SB 2022 3 75 0.02 2 - 2

33 9.15% G.S. 2024 11 74 0.02 4 1 3

34 7.49% G.S. 2017 8 72 0.02 4 - 4

35 8.79% G.S. 2021 8 65 0.02 5 - 5

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TABLE 35: LIQUIDITY OF TRADES GREATER THAN 5 CRORE (G-SEC)`

Sr.No.

ISINDESC TradesValue(` Cr.)

MarketShare(% )

DaysTraded

Days Traded with 5trades or more per

day

Days Traded withless than 5 trades per

day

36 7.99% G.S. 2017 2 50 0.01 2 - 2

37 8.26% G.S. 2027 6 45 0.01 2 - 2

38 12.30% G.S. 2016 1 43 0.01 1 - 1

39 7.46% G.S 2017 6 40 0.01 4 - 4

40 8.24% G.S. 2018 2 40 0.01 1 - 1

41 8.35% SBI SB 2024 2 40 0.01 1 -

42 5.59% G.S. 2016 4 35 0.01 2 - 2

43 11.60% G.S. 2020 1 25 0.01 1 - 1

44 11.83% G.S. 2014 1 25 0.01 1 - 1

38525 340358 100.00

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TABLE 36: LIQUIDITY DISTRIBUTION (G-SEC)

5 or more Trades Per Day Less than 5 Trades Per DaySr.No. ISINDESC

DaysTraded

TradesValue(` Cr.)

ISINDESCDays

TradedTrades

Value(` Cr.)

1 8.83% G.S. 2023 19 23594 193614 8.83% G.S. 2041 14 33 385

2 8.12% G.S. 2020 19 6875 67156 8.30% G.S. 2042 13 25 646

3 7.28% G.S. 2019 19 3046 32943 8.07% G.S. 2017 (JUL) 11 25 397

4 8.24% G.S. 2027 19 967 7220 7.83% G.S.2018 10 26 700

5 7.16% G.S. 2023 19 495 5457 8.32% G.S. 2032 9 19 255

6 8.28% G.S. 2027 18 2407 18579 8.15% G.S. 2022 9 19 180

7 9.20% G.S. 2030 10 82 735 7.80% G.S. 2021 9 15 255

8 8.32% G.S. 2032 9 76 964 6.07% G.S. 2014 8 24 350

9 6.07% G.S. 2014 7 65 1299 8.20% G.S. 2025 8 17 110

10 1.44% IIB 2023 7 52 1067 8.28% G.S. 2032 8 19 172

11 8.07% G.S. 2017 (JUL) 6 55 585 7.17% G.S. 2015 7 14 90

12 7.17% G.S. 2015 6 67 690 8.97% G.S. 2030 7 15 115

13 7.37% G.S. 2014 5 65 805 FRB 2020 7 16 255

14 8.33% G.S. 2026 5 51 411 9.23% G.S. 2043 7 13 245

15 8.30% G.S. 2042 4 33 270 7.59% G.S. 2016 7 11 55

16 8.20% G.S. 2025 3 29 180 9.20% G.S. 2030 6 18 148

17 8.97% G.S. 2030 3 24 175 1.44% IIB 2023 6 9 267

18 7.83% G.S.2018 2 18 160 8.33% G.S. 2026 6 14 94

19 FRB 2020 2 13 245 8.19% G.S. 2020 5 5 140

20 5.69% G.S. 2018 2 19 180 7.40% G.S. 2035 5 6 105

21 7.38% G.S 2015 1 10 700 8.79% G.S. 2021 5 8 65

22 8.83% G.S. 2041 1 5 265 7.49% G.S. 2017 4 8 72

23 9.23% G.S. 2043 1 6 85 7.46% G.S 2017 4 6 40

24 8.15% G.S. 2022 1 5 35 7.37% G.S. 2014 3 5 140

25 6.90% OMC SB 2026 1 23 190 5.69% G.S. 2018 3 6 70

26 7.59% G.S. 2016 1 5 25 7.38% G.S 2015 3 4 45

27 9.15% G.S. 2024 1 5 25 9.15% G.S. 2024 3 6 49

28 6.35% G.S 2020 3 4 325

29 8.15% FCI SB 2022 2 3 75

30 7.99% G.S. 2017 2 2 50

31 8.26% G.S. 2027 2 6 45

32 5.59% G.S. 2016 2 4 35

33 10.18% G.S. 2026 2 2 23

34 7.56% G.S. 2014 2 2 20

35 8.13% G.S. 2022 2 4 20

36 6.49% G.S. 2015 2 2 10

37 12.30% G.S. 2016 1 1 43

38 8.24% G.S. 2018 1 2 40

Total 191 38092 334060 Total 220 433 6298

Expected Bond Days 513 Expected Bond Days 950

Efficiency 37.23 Efficiency 23.16

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MONEY MARKETTABLE 37: MONEY MARKET COMPARISON Amount Crore`

Call Repo CBLOPeriod

ValueDaily Average

ValueValue

Daily AverageValue

ValueDaily Average

Value

2004-05 2416589 8304 1560510 5363 976789 3357

2005-06 3020846 10310 1694509 5783 2953132 10079

2006-07 3654936 12474 2556501 8725 4732272 16151

2007-08 3455931 11835 3948741 13523 8110828 27777

2008-09 3657632 12744 4094286 14266 8824784 30748

2009-10 2489975 8737 6072829 21308 15541378 54531

2010-11 2908906 9894 4099284 13943 12259715 41700

2011-12 4013031 13886 3763877 12934 11155428 38335

2012-13 4677777 16186 5402766 18695 12028040 41620

Apr-13 440667 20030 603520 27433 1298341 59015

May-13 401567 16063 763713 30549 1217645 48706

Jun-13 388163 24536 613400 24536 1538959 61558

Jul-13 380929 14651 670303 25781 1976477 76018

Aug-13 330366 13215 564856 22594 1734095 69364

Sep-13 323593 13483 617125 25714 1668333 69514

Oct-13 321061 12842 651575 26063 1382101 55284

Nov-13 356312 14846 539935 22497 1249180 52049

Dec-13 376967 15079 515822 20633 1393555 55742

Jan-14 412807 15877 610191 23469 1445991 55615

Feb-14 283155 12871 503930 22906 1165344 52970

Mar-14 411772 17158 573755 23906 1456171 60674

2013-14 4427358 15110 7228126 24669 17526192 59613

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COLLATERALISED BORROWING AND LENDING OBLIGATION (CBLO)Number of Participants: 236

TABLE 38: CBLO TRADING

Amount Crore`

Overnight Term Total Daily AveragePeriod

Trades Value Trades Value Trades Value Trades Value

2002-03 157 829 2 23 159 852 3 16

2003-04 2280 58136 780 18715 3060 76851 10 251

2004-05 22802 768294 6549 208497 29351 976790 101 3345

2005-06 54026 2391854 13437 561280 67463 2953134 229 10045

2006-07 69602 3860456 16279 871815 85881 4732271 292 16096

2007-08 93282 6699077 19995 1411751 113277 8110828 385 27588

2008-09 94344 7099527 24597 1725258 118941 8824784 414 30748

2009-10 115171 12747733 26881 2793645 142052 15541378 498 54531

2010-11 121286 10516301 24097 1743444 145383 12259745 495 41700

2011-12 118699 9481527 25250 1673901 143949 11155428 495 38335

2012-13 129197 10194520 26902 1833520 156099 12028040 540 41620

Apr-13 10066 1088727 2306 209614 12372 1298341 562 59015

May-13 11640 1088744 1886 128901 13526 1217645 541 48706

Jun-13 11913 1315710 2404 223249 14317 1538959 573 61558

Jul-13 14975 1693825 2533 282653 17508 1976477 648 73203

Aug-13 12416 1383690 3448 350405 15864 1734095 635 69364

Sep-13 12682 1447616 2377 220717 15059 1668333 627 69514

Oct-13 12071 1191393 2214 190708 14285 1382101 571 55284

Nov-13 11137 1042961 2772 206219 13909 1249180 580 52049

Dec-13 13052 1207602 2363 185954 15415 1393555 617 55742

Jan-14 13305 1178057 3095 267934 16400 1445991 631 55615

Feb-14 11038 962549 2526 202795 13564 1165344 617 52970

Mar-14 13174 1291833 2525 164339 15699 1456171 654 60674

2013-14 147469 14892707 30449 2633485 177918 17526192 605 59613A

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MARKET REPO

TABLE 39: REPO TERM ANALYSIS

Percent

O/N 2-3 days 4-7 days 8-14 days >14 daysSettlement


% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

2002-03 50.05 50.15 30.96 31.01 15.46 15.95 2.26 1.78 1.27 1.11

2003-04 53.00 52.29 32.68 32.94 13.63 14.37 0.58 0.34 0.11 0.06

2004-05 68.29 69.29 26.30 24.23 5.30 6.35 0.09 0.11 0.02 0.02

2005-06 70.93 72.06 25.73 25.11 3.06 2.71 0.19 0.08 0.08 0.04

2006-07 73.68 75.19 21.58 21.06 4.32 3.57 0.12 0.07 0.31 0.11

2007-08 74.00 73.97 22.86 23.25 2.80 2.69 0.03 0.01 0.30 0.09

2008-09 68.24 68.69 27.17 27.04 4.35 4.17 0.07 0.03 0.17 0.07

2009-10 70.42 69.51 23.07 24.25 6.23 6.00 0.19 0.23 0.09 0.02

2010-11 68.51 65.99 27.94 31.12 2.96 2.68 0.27 0.08 0.32 0.13

2011-12 67.46 65.94 26.27 28.53 5.17 5.24 0.39 0.11 0.72 0.18

2012-13 69.06 67.82 27.13 27.75 3.49 4.16 0.14 0.21 0.18 0.05

Apr-13 55.91 54.04 34.60 35.64 9.41 10.15 0.05 0.17 0.03 0.00

May-13 70.70 69.88 29.04 29.95 0.24 0.17 0.00 0.00 0.02 0.01

Jun-13 75.11 73.89 17.00 18.39 7.70 7.53 0.12 0.19 0.07 0.00

Jul-13 73.41 72.35 26.23 27.36 0.24 0.19 0.10 0.09 0.02 0.01

Aug-13 58.79 57.34 29.31 29.98 11.87 12.67 0.03 0.00 0.00 0.00

Sep-13 71.64 70.10 17.76 17.90 10.57 11.99 0.03 0.00 0.00 0.00

Oct-13 65.15 65.51 34.12 33.55 0.48 0.89 0.10 0.04 0.17 0.02

Nov-13 62.95 62.23 17.96 18.05 18.66 19.61 0.14 0.04 0.30 0.07

Dec-13 65.83 63.71 32.47 33.53 1.18 2.63 0.11 0.02 0.40 0.10

Jan-14 64.42 63.91 33.84 33.61 0.79 1.72 0.30 0.64 0.65 0.12

Feb-14 56.70 56.96 41.38 41.00 0.93 1.31 0.42 0.66 0.58 0.08

Mar-14 71.00 68.39 20.03 22.25 7.60 8.41 0.64 0.48 0.73 0.47

2013-14 66.29 65.24 27.73 28.34 5.60 6.17 0.16 0.18 0.23 0.07

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TABLE 40: INSTRUMENTWISE SETTLEMENT OF REPO TRADESAmount Crore`

Cen. Govt. Dated Securities Treasury Bills State Development LoansSettlement

Period ValueAvg.Value

% Share ValueAvg.Value

% Share ValueAvg.Value

% Share

2002-03 403971 1360 86.28 64238 216 13.72 20 0 0.00

2003-04 874438 2974 92.71 59222 201 6.28 9530 32 1.01

2004-05 1262149 4322 81.02 286955 983 18.42 8803 30 0.57

2005-06 1369411 4674 80.81 277687 948 16.39 47411 162 2.80

2006-07 2126634 7233 83.19 379165 1290 14.83 50677 172 1.98

2007-08 3569960 12102 90.41 323984 1098 8.20 54807 186 1.39

2008-09 3475348 12109 84.88 583335 2033 14.25 35603 124 0.87

2009-10 5233295 18362 86.18 812537 2851 13.38 26996 95 0.44

2010-11 3253965 11068 79.38 832632 2832 20.31 12688 43 0.31

2011-12 2186877 7515 58.10 1554121 5341 41.29 22878 79 0.61

2012-13 2918337 10098 54.02 2413144 8350 44.66 71282 247 1.32

Apr-13 339880 15449 56.32 262403 11927 43.48 1237 56 0.21

May-13 477785 19111 62.56 282180 11287 36.95 3748 150 0.49

Jun-13 312330 12493 50.92 298809 11952 48.71 2261 90 0.37

Jul-13 313089 12042 46.71 356846 13725 53.24 368 14 0.05

Aug-13 242467 9699 42.93 321197 12848 56.86 1193 48 0.21

Sep-13 270291 11262 43.80 343247 14302 55.62 3587 149 0.58

Oct-13 293186 11727 45.00 356612 14264 54.73 1777 71 0.27

Nov-13 241205 10050 44.67 296341 12348 54.88 2389 100 0.44

Dec-13 189572 7583 36.77 325198 13008 63.07 852 34 0.17

Jan-14 252363 9706 41.34 357092 13734 58.50 936 36 0.15

Feb-14 227100 10323 45.07 271752 12352 53.93 5078 231 1.01

Mar-14 204801 8533 35.69 360801 15033 62.88 8154 340 1.42

2013-14 3364069 11481 46.54 3832478 13080 53.02 31580 108 0.44

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TABLE 41: CROMS TRADING ACTIVITY

Number of Participants: 149 Amount Crore`

CROMS Special CROMS Basket CROMS - Total Repo

DateTrades Value WAR Trades Value WAR Trades Value WAR Trades Value WAR

% Shareof

CROMSin Repovolumes

3-Mar-14 53 3119 7.9202 99 21008 7.9394 152 24127 7.9369 158 24998 7.9381 96.52

4-Mar-14 53 4069 7.9413 118 24807 7.8266 171 28876 7.8428 177 29649 7.8258 97.39

5-Mar-14 61 4870 7.9801 117 26031 7.7255 178 30900 7.7656 192 33538 7.7189 92.13

6-Mar-14 54 4702 8.0304 154 30818 7.9749 208 35520 7.9822 214 37151 7.9702 95.61

7-Mar-14 71 5903 7.9388 305 60529 7.9178 376 66432 7.9197 383 67435 7.9188 98.51

10-Mar-14 53 4440 7.9306 143 28689 8.0424 196 33129 8.0274 201 33324 8.0263 99.42

11-Mar-14 53 3442 8.0332 115 24851 8.1409 168 28293 8.1278 175 29311 8.1283 96.53

12-Mar-14 59 4162 8.0283 124 24336 8.0750 183 28498 8.0682 192 30432 8.0663 93.64

13-Mar-14 58 4931 8.2051 130 25264 8.1411 188 30196 8.1515 191 30365 8.1331 99.44

14-Mar-14 53 3827 8.4246 104 24360 8.4592 157 28187 8.4545 176 33887 8.5651 83.18

18-Mar-14 54 3085 8.8842 80 18812 8.9328 134 21898 8.9260 142 23058 8.9312 94.97

19-Mar-14 36 2226 8.8586 71 16593 8.9234 107 18819 8.9157 118 20366 8.9158 92.41

20-Mar-14 41 2829 9.1119 87 21683 8.9111 128 24512 8.9343 133 25581 8.9020 95.82

21-Mar-14 55 3516 9.0438 223 56261 8.7916 278 59777 8.8064 289 61994 8.8146 96.42

24-Mar-14 41 2967 8.7460 80 19459 8.8746 121 22426 8.8576 128 22990 8.8629 97.55

25-Mar-14 31 2204 8.8082 90 19747 8.7826 121 21950 8.7852 127 22672 8.7829 96.82

26-Mar-14 36 2516 8.1787 73 17791 8.2611 109 20308 8.2509 120 21173 8.2476 95.91

27-Mar-14 34 1756 8.1143 74 14682 8.1930 108 16438 8.1845 116 17982 8.1700 91.41

28-Mar-14 29 2553 10.1126 22 4396 10.9016 51 6949 10.6118 57 7826 10.4993 88.79

29-Mar-14 1 25 7.2500 - - - 1 25 7.2500 1 25 7.2500 100.00

Total 926 67141 2209 480118 3135 547260 3290 573756 95.38

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TABLE 43: TOP 5 SECURITIES - BASKET REPO

TABLE 44: TOP 5 SECURITIES - SPECIAL REPO

Amount Crore`

Amount Crore`

TABLE 42: CROMS HISTORICAL SUMMARY

Amount Crore`

Security Trades Value Rate

7.28% G.S. 2019 91 21015 8.1490

7.17% G.S. 2015 67 20595 8.3947

11-12-2014, 364 DTB 63 19468 8.3297

19-02-2015, 364 DTB 64 19463 8.2060

8.12% G.S. 2020 131 17917 8.0812

Security Trades Value Rate

8.83% G.S. 2023 250 14386 8.2027

8.12% G.S. 2020 69 9050 8.7383

7.99% G.S. 2017 21 5155 8.3796

05-06-2014, 182 DTB 11 3640 7.9903

8.24% G.S. 2027 86 3465 8.1882

CROMS-SPECIAL CROMS-BASKET CROMS

PeriodTrades Value

%Share

in RepoTrades Value

%Share

in RepoTrades

TotalValue

DailyAverageValue

%Share

in Repo

2008-09 957 93369 9.05 26 853 0.08 983 94222 2298 9.14

2009-10 5336 742575 12.23 9888 3543468 58.38 15224 4286042 17933 70.61

2010-11 8718 810326 19.78 10181 2016259 49.21 18899 2826585 11398 68.98

2011-12 12757 1333933 35.45 9519 1233105 32.77 22276 2567038 10652 68.23

2012-13 18732 1936643 35.85 18543 2927336 54.19 37275 4863979 19692 90.05

Apr-13 1226 143152 23.72 2402 414427 68.67 3628 557579 30977 92.39

May-13 1766 213365 27.94 2947 525399 68.80 4713 738764 33580 96.73

Jun-13 1623 164191 26.77 2280 411263 67.06 3903 575454 27403 93.84

Jul-13 1354 125098 18.66 2089 330602 49.32 3443 455700 19813 67.98

Aug-13 936 90896 16.09 2189 384267 68.03 3125 475163 23758 84.12

Sep-13 1008 105897 17.16 2371 474264 76.85 3379 580161 29008 94.01

Oct-13 1133 106894 16.40 2772 503402 77.26 3905 610296 29062 93.66

Nov-13 1156 90716 16.82 2279 413133 76.60 3435 503849 26518 93.42

Dec-13 930 64980 12.61 2208 398273 77.29 3138 463253 22060 89.90

Jan-14 930 62428 10.23 2728 490843 80.44 3658 553271 25149 90.67

Feb-14 792 52472 10.41 2066 412058 81.77 2858 464530 23226 92.18

Mar-14 926 67141 11.70 2209 480118 83.68 3135 547260 27363 95.38

2013-14 13780 1287231 17.81 28540 5238049 72.48 42320 6525279 26418 90.29

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TABLE 45: DEALT TRANSACTIONS ON THE NDS-CALL PLATFORM

CALL MONEY MARKET

Amount Crore`

CALL NOTICE Term TotalDate

Trade Value WAR Trade Value WAR Trade Value WAR Trade Value

1-Mar-14 17 1427 7.8829 - - - - - - 17 1427

3-Mar-14 178 16438 7.8106 - - - 3 225 9.6333 181 16663

4-Mar-14 174 15671 7.7571 4 1200 8.1208 9 400 9.9219 187 17271

5-Mar-14 187 15787 8.1381 1 10 8.0000 4 172 10.0459 192 15969

6-Mar-14 167 14245 7.8834 - - - 6 367 9.3597 173 14612

7-Mar-14 21 1769 7.8120 246 23384 8.1054 1 50 9.9500 268 25203

8-Mar-14 17 1232 8.2791 - - - 1 9 8.3500 18 1240

10-Mar-14 188 15941 8.0269 - - - 3 35 9.6857 191 15976

11-Mar-14 183 16190 8.0760 - - - 2 55 10.0727 185 16245

12-Mar-14 190 16110 8.1787 - - - 1 25 10.5000 191 16135

13-Mar-14 153 14590 8.1136 1 10 9.5000 6 158 10.1278 160 14758

14-Mar-14 8 564 6.8231 181 18505 8.7444 2 250 10.2400 191 19319

15-Mar-14 6 227 8.9791 - - - - - - 6 227

18-Mar-14 166 15404 9.0337 2 12 8.1833 5 700 10.4357 173 16116

19-Mar-14 164 14604 8.9921 - - - 9 536 10.0557 173 15139

20-Mar-14 204 19549 8.9984 1 100 8.9500 7 410 10.0860 212 20059

21-Mar-14 4 450 8.1667 247 24864 8.8674 4 185 10.3986 255 25499

22-Mar-14 2 22 8.2500 1 5 8.2500 - - - 3 26

24-Mar-14 177 16321 8.9733 - - - 6 210 9.9679 183 16531

25-Mar-14 128 13222 8.6648 2 29 9.7047 4 150 10.1500 134 13402

26-Mar-14 173 16841 8.1951 1 6 8.7500 3 149 9.8715 177 16996

27-Mar-14 202 19707 8.0710 - - - 11 915 9.7964 213 20622

28-Mar-14 79 7835 7.6209 56 5482 12.1060 5 310 10.2368 140 13627

29-Mar-14 14 1312 10.9108 2 27 9.2500 4 150 9.7000 20 1489

Total 2802 255456 745 73634 96 5460 3643 334550

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TABLE 46: OTC DEALS REPORTED ON THE NDS-CALL PLATFORM

Amount Crore`

CALL NOTICE Term TotalDate

Trade Value WAR Trade Value WAR Trade Value WAR Trade Value

1-Mar-14 69 501 6.4686 - - - - - - 69 501

3-Mar-14 259 3361 7.6513 29 456 7.6395 - - - 288 3817

4-Mar-14 252 3205 7.6211 9 94 7.5751 2 16 8.4938 263 3315

5-Mar-14 258 3775 7.4558 6 43 7.3692 1 - 7.2000 265 3819

6-Mar-14 251 3875 7.6464 20 225 7.6388 2 61 8.9754 273 4160

7-Mar-14 34 268 7.0511 231 3323 7.6635 - - - 265 3591

8-Mar-14 59 493 7.2068 - - - - - - 59 493

10-Mar-14 234 4010 7.7514 21 160 7.6589 - - - 255 4170

11-Mar-14 248 3812 7.9539 12 327 7.7544 2 26 9.1385 262 4164

12-Mar-14 256 3822 7.8995 8 106 7.6972 - - - 264 3928

13-Mar-14 262 4162 7.9472 9 34 7.6288 3 46 10.1652 274 4243

14-Mar-14 7 67 6.6165 255 4097 8.3393 1 50 10.6000 263 4213

15-Mar-14 39 508 7.9294 3 17 6.5882 - - - 42 525

18-Mar-14 246 4032 8.6547 19 323 8.5711 - - - 265 4356

19-Mar-14 254 4058 8.6502 8 25 8.0343 - - - 262 4083

20-Mar-14 267 4596 8.6552 19 415 8.3578 - - - 286 5011

21-Mar-14 27 286 8.1226 256 3874 8.4064 - - - 283 4160

22-Mar-14 58 479 6.6572 1 2 6.0000 - - - 59 481

24-Mar-14 260 4614 8.6013 24 270 8.4027 2 60 10.3333 286 4944

25-Mar-14 263 4358 8.6124 11 244 8.2887 1 11 9.1000 275 4613

26-Mar-14 262 4983 8.1195 12 17 7.1599 2 20 9.5000 276 5020

27-Mar-14 251 4887 7.8981 12 30 7.0227 1 75 10.1500 264 4991

28-Mar-14 41 821 7.2157 154 2671 10.8297 1 17 8.8100 196 3508

29-Mar-14 25 559 6.8813 1 2 6.0000 1 50 10.1000 27 611

Total 4182 65531 1120 16755 19 432 5321 82718

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TABLE 4 :7 NDS-CALL HISTORICAL* Amount Crore`

* excluding term moneyTrade reporting on NDS-CALL platform became mandatory after November 2012

Overnight Term Total Daily AverageSettlementPeriod


2002-03 157 829 2 23 159 852 3 16

2003-04 2280 58136 780 18715 3060 76851 10 251

2004-05 22802 768294 6549 208497 29351 976790 101 3345

2005-06 54026 2391854 13437 561280 67463 2953134 229 10045

2006-07 69602 3860456 16279 871815 85881 4732271 292 16096

2007-08 93282 6699077 19995 1411751 113277 8110828 385 27588

2008-09 94344 7099527 24597 1725258 118941 8824784 414 30748

2009-10 115171 12747733 26881 2793645 142052 15541378 498 54531

2010-11 121286 10516301 24097 1743444 145383 12259745 495 41700

2011-12 118699 9481527 25250 1673901 143949 11155428 495 38335

2012-13 129197 10194520 26902 1833520 156099 12028040 540 41620

Apr-13 10066 1088727 2306 209614 12372 1298341 562 59015

May-13 11640 1088744 1886 128901 13526 1217645 541 48706

Jun-13 11913 1315710 2404 223249 14317 1538959 573 61558

Jul-13 14975 1693825 2533 282653 17508 1976477 648 73203

Aug-13 12416 1383690 3448 350405 15864 1734095 635 69364

Sep-13 12682 1447616 2377 220717 15059 1668333 627 69514

Oct-13 12071 1191393 2214 190708 14285 1382101 571 55284

Nov-13 11137 1042961 2772 206219 13909 1249180 580 52049

Dec-13 13052 1207602 2363 185954 15415 1393555 617 55742

Jan-14 13305 1178057 3095 267934 16400 1445991 631 55615

Feb-14 11038 962549 2526 202795 13564 1165344 617 52970

Mar-14 13174 1291833 2525 164339 15699 1456171 654 60674

2013-14 147469 14892707 30449 2633485 177918 17526192 605 59613

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TABLE 48: FOREX SETTLEMENT*

FOREIGN EXCHANGE MARKETFOREX SETTLEMENT


Notes:*Commenced operations from November 12, 2002,# Cash and Tom settlement is with effect from February 5, 2004.Note : Spot figures are inclusive of spot leg of swap

Cash Tom Spot Forward Total AverageSettlement

Period TradesValue(USDMn)

Value(` Cr)

TradesValue(USDMn)

Value(` Cr)

TradesValue(USDMn)

Value(` Cr)

TradesValue(USDMn)

Value(` Cr)

TradesValue(USDMn)

Value(` Cr)

TradesValue(USDMn)

Value(` Cr)

2002-03 - - - - - - 74423 96483 462370 25809 39619 195665 100232 136102 658035 1101 1496 7231

2003-04 1036 5951 26861 1555 9150 41335 251258 354541 1627644 76668 131700 622691 330517 501342 2318531 1425 2161 9994

2004-05 8747 69882 312311 16178 112750 504325 356382 533015 2389936 85020 184133 835863 466327 899780 4042435 1976 3813 17129

2005-06 12946 154626 686160 21307 199621 885585 371059 585089 2594240 84337 240352 1073689 489649 1179688 5239674 2084 5020 22296

2006-07 14292 233010 1050413 25708 316585 1427018 481702 884740 3993765 85106 342646 1551883 606808 1776981 8023078 2550 7466 33710

2007-08 15118 318055 1279466 25598 409979 1652802 609676 1595080 6426403 106683 810551 3368161 757074 3133665 12726832 3181 13167 53474

2008-09 15633 358244 1651695 26536 498767 2299036 675439 1815114 8263760 119912 1086778 4722998 837520 3758904 16937489 3657 16414 73963

2009-10 15733 363904 1719714 27643 484848 2295137 759149 1467601 6951459 81424 672619 3245177 883949 2988971 14211486 3843 12996 61789

2010-11 19778 508131 2311739 32118 651100 2964603 1007258 2119061 9650122 90883 912745 4233688 1150037 4191037 19160153 4792 17463 79834

2011-12 22838 548644 2624112 34391 691043 3304720 1115364 2326368 11141856 110585 1076517 5128924 1283178 4642573 22199612 5579 20185 96520

2012-13 23375 610559 3316787 37349 823910 4477478 1216860 2276085 12374662 118554 1120379 5948085 1396138 4830933 26117013 6018 20823 112573

Apr-13 2186 65740 357442 3577 90822 494171 102935 191502 1041587 11802 117603 657856 120500 465667 2551056 6694 25870 141725

May-13 2311 66392 364730 3672 85106 466107 124143 217569 1193004 9589 93377 527951 139715 462444 2551792 6653 22021 121514

Jun-13 1853 46284 269502 3361 68211 395599 126403 208340 1208909 8601 79460 452420 140218 402295 2326430 7011 20115 116321

Jul-13 2071 51830 309521 3049 59086 352570 128485 217769 1300925 8936 85797 497016 142541 414482 2460032 6788 19737 117144

Aug-13 1853 47411 298172 2955 58546 366591 113355 177543 1111737 8318 73055 425812 126481 356554 2202312 6324 17828 110116

Sep-13 2069 47947 304738 2865 54003 344048 116144 177398 1142003 7983 75291 448465 129061 354639 2239254 6793 18665 117855

Oct-13 2186 57031 351371 3236 68296 421626 113712 167589 1034013 7749 73166 440042 126883 366083 2247052 6344 18304 112353

Nov-13 1836 48314 301969 2636 56303 351425 98481 152318 952344 7058 68661 417246 110011 325595 2022984 6471 19153 118999

Dec-13 2436 65877 407626 3608 83210 515114 100400 166036 1028156 8899 81399 493082 115343 396522 2443978 5493 18882 116380

Jan-14 2538 70474 437329 3423 74936 465280 111580 185277 1149091 7998 71607 436081 125539 402294 2487781 6277 20115 124389

Feb-14 2020 53157 330721 2893 60998 379894 93070 148024 922635 7244 63131 388883 105227 325310 2022133 6190 19136 118949

Mar-14 2756 80654 492724 4192 97848 598778 114341 189469 1159246 9407 103464 640394 130696 471435 2891142 6879 24812 152165

2013-14 26115 701111 4225846 39467 857366 5151202 1343049 2198834 13243650 103584 986011 5825247 1512215 4743321 28445946 6490 20358 122086

April 2014

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TABLE 49: FOREX TRADE TYPE ANALYSIS

Percent

Cash Tom Spot ForwardSettlementPeriod Trades Value Trades Value Trades Value Trades Value

2002-03 - - - - 74.25 70.89 25.75 29.11

2003-04 0.31 1.19 0.47 1.83 76.02 70.72 23.20 26.27

2004-05 1.88 7.77 3.47 12.53 76.42 59.24 18.23 20.46

2005-06 2.64 13.11 4.35 16.92 75.78 49.60 17.22 20.37

2006-07 2.36 13.11 4.24 17.82 79.38 49.79 14.03 19.28

2007-08 2.00 10.15 3.38 13.08 80.53 50.90 14.09 25.87

2008-09 1.87 9.53 3.17 13.27 80.65 48.29 14.32 28.91

2009-10 1.78 12.17 3.13 16.22 85.88 49.10 9.21 22.50

2010-11 1.72 12.12 2.79 15.54 87.58 50.56 7.90 21.78

2011-12 1.78 11.82 2.68 14.88 86.92 50.11 8.62 23.19

2012-13 1.67 12.64 2.68 17.05 87.16 47.11 8.49 23.19

Apr-13 1.81 14.12 2.97 19.50 85.42 41.12 9.79 25.25

May-13 1.65 14.36 2.63 18.40 88.85 47.05 6.86 20.19

Jun-13 1.32 11.50 2.40 16.96 90.15 51.79 6.13 19.75

Jul-13 1.45 12.50 2.14 14.26 90.14 52.54 6.27 20.70

Aug-13 1.47 13.30 2.34 16.42 89.62 49.79 6.58 20.49

Sep-13 1.60 13.52 2.22 15.23 89.99 50.02 6.19 21.23

Oct-13 1.72 15.58 2.55 18.66 89.62 45.78 6.11 19.99

Nov-13 1.67 14.84 2.40 17.29 89.52 46.78 6.42 21.09

Dec-13 2.11 16.61 3.13 20.98 87.04 41.87 7.72 20.53

Jan-14 2.02 17.52 2.73 18.63 88.88 46.06 6.37 17.80

Feb-14 1.92 16.34 2.75 18.75 88.45 45.50 6.88 19.41

Mar-14 2.11 17.11 3.21 20.76 87.49 40.19 7.20 21.95

2013-14 1.73 14.78 2.61 18.08 88.81 46.36 6.85 20.79

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TABLE 50: FOREX DEAL SIZE ANALYSIS Percent

< 1 mn 1 mn> 1 mn<= 5 mn

> 5 mn<= 10 mn

> 10 mn<= 20 mn

> 20 mnSettlement


% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

2002-03 21.93 7.23 52.61 38.74 24.53 46.47 0.70 4.42 0.19 2.25 0.04 0.89

2003-04 20.74 6.07 49.79 32.82 28.02 50.16 1.07 6.12 0.30 3.18 0.08 1.65

2004-05 21.26 4.77 44.14 22.88 31.22 47.19 1.94 8.70 0.97 8.21 0.47 8.25

2005-06 20.32 3.66 42.70 17.72 31.55 40.18 2.77 10.27 1.58 11.18 1.08 16.99

2006-07 21.57 3.29 39.00 13.32 32.03 34.85 3.68 11.50 1.95 11.41 1.77 25.64

2007-08 16.67 1.81 33.75 8.15 36.19 29.18 8.62 19.93 2.13 8.78 2.63 32.15

2008-09 17.00 1.64 32.19 7.17 35.41 25.85 10.31 22.22 2.16 8.20 2.93 34.92

2009-10 20.10 2.55 44.55 13.18 25.18 23.58 5.90 16.56 1.93 9.78 2.33 34.35

2010-11 18.75 2.21 46.50 12.76 24.77 21.89 5.31 13.81 1.92 9.18 2.75 40.15

2011-12 17.05 2.00 48.47 13.40 22.93 20.98 6.47 17.23 2.13 10.24 2.95 36.16

2012-13 23.80 2.79 46.36 13.40 18.86 17.81 6.25 17.54 1.96 9.88 2.77 38.57

Apr-13 24.06 2.58 45.73 11.83 18.05 15.08 6.62 16.66 2.10 9.52 3.44 44.33

May-13 24.04 2.98 48.77 14.74 17.84 17.21 4.96 14.48 1.63 8.61 2.76 42.00

Jun-13 25.21 3.48 49.27 17.17 17.26 19.22 4.58 15.40 1.52 9.15 2.17 35.59

Jul-13 28.46 3.98 45.76 15.74 16.57 18.13 5.33 17.74 1.56 9.33 2.31 35.08

Aug-13 30.53 4.35 43.54 15.44 16.98 18.89 5.22 17.86 1.45 8.85 2.29 34.60

Sep-13 29.42 4.36 46.44 16.90 15.68 18.18 4.55 15.91 1.61 10.02 2.30 34.63

Oct-13 31.09 4.45 45.74 15.85 15.05 16.55 3.94 13.16 1.56 9.35 2.62 40.64

Nov-13 29.74 4.13 46.41 15.68 15.53 16.68 4.06 13.24 1.56 9.13 2.69 41.13

Dec-13 28.88 3.47 43.94 12.78 16.70 15.62 5.20 14.64 1.86 9.36 3.41 44.13

Jan-14 27.88 3.59 46.17 14.41 16.61 16.20 4.51 13.61 1.80 9.70 3.03 42.49

Feb-14 28.08 3.74 46.03 14.89 16.86 16.88 4.35 13.56 1.88 10.54 2.81 40.39

Mar-14 27.99 3.19 44.86 12.44 16.77 14.73 4.78 12.82 1.91 9.24 3.68 47.59

2013-14 27.88 3.63 46.12 14.70 16.68 16.87 4.85 14.94 1.70 9.37 2.78 40.47

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TABLE 51: TENORWISE FORWARD TRADES ANALYSIS Percent

< 30 Days> 30 Days &<= 90 Days

> 90 Days &<= 180 Days

> 180 Days &<= 365 Days

> 1 YearSettlement


% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

% tototaltrades

% tototalvalue

2002-03 13.54 16.07 23.35 22.90 26.49 22.35 35.66 37.25 0.96 1.43

2003-04 17.19 22.50 23.97 24.84 22.80 20.24 35.34 31.77 0.70 0.65

2004-05 15.66 20.00 23.79 24.10 19.88 17.86 38.51 36.26 2.16 1.78

2005-06 17.99 22.84 21.79 24.18 17.55 15.18 40.52 36.16 2.15 1.64

2006-07 19.70 25.61 23.78 25.06 19.06 17.21 35.67 30.48 1.79 1.64

2007-08 16.41 31.47 26.83 25.83 22.63 17.22 32.70 24.46 1.44 1.02

2008-09 14.41 23.62 23.82 23.41 21.08 18.59 38.80 31.98 1.90 2.39

2009-10 14.36 20.88 22.08 20.57 18.47 15.06 43.59 41.57 1.50 1.92

2010-11 19.63 30.54 24.96 23.91 17.15 14.99 36.63 28.91 1.64 1.65

2011-12 18.49 22.62 22.99 22.75 16.91 15.79 39.61 36.86 2.00 1.98

2012-13 14.42 17.65 19.43 19.07 14.25 13.49 49.36 47.10 2.54 2.69

Apr-13 11.87 18.50 20.10 19.33 11.88 10.02 54.69 50.75 1.47 1.41

May-13 11.37 16.24 18.66 19.88 16.40 14.36 50.11 46.18 3.46 3.34

Jun-13 13.23 16.16 22.39 22.68 15.79 14.20 46.88 44.59 1.71 2.38

Jul-13 16.65 22.48 22.86 21.58 15.56 13.71 43.07 40.04 1.86 2.19

Aug-13 14.21 16.50 22.91 21.00 18.01 16.26 43.59 44.88 1.27 1.36

Sep-13 14.48 19.90 23.49 22.96 18.29 13.68 42.20 41.51 1.54 1.95

Oct-13 15.73 25.07 23.93 21.41 19.58 14.49 36.64 34.91 4.13 4.13

Nov-13 17.68 30.20 21.52 18.31 21.96 17.47 37.18 32.19 1.66 1.83

Dec-13 13.33 18.60 20.41 18.94 17.56 16.00 45.97 43.79 2.73 2.67

Jan-14 14.00 22.95 20.92 19.11 17.13 12.04 45.00 42.63 2.95 3.26

Feb-14 14.80 20.30 20.76 21.42 15.65 11.48 46.38 43.98 2.40 2.82

Mar-14 17.71 28.27 19.95 20.82 17.70 14.76 42.17 32.94 2.47 3.21

2013-14 14.45 21.18 21.39 20.57 16.88 13.91 45.00 41.81 2.29 2.53

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TABLE 52: MARKET SHARE - FOREX Percent

Top 'n' Players Top 5 Top 10 Top 15 Top 20

2002-03 33.65 57.73 72.42 83.30

2003-04 30.53 54.83 69.59 79.45

2004-05 29.00 49.45 63.61 73.61

2005-06 30.59 52.45 68.38 78.89

2006-07 31.15 50.93 65.08 73.69

2007-08 39.66 61.31 76.24 84.55

2008-09 39.65 62.30 76.97 85.71

2009-10 33.13 55.14 71.31 81.51

2010-11 34.94 57.30 73.56 82.97

2011-12 31.01 54.09 70.57 80.23

2012-13 31.53 52.64 68.22 78.40

Apr-13 28.30 49.27 66.42 78.68

May-13 28.18 48.89 64.71 76.16

Jun-13 26.68 47.17 63.24 74.63

Jul-13 29.07 49.63 65.32 75.45

Aug-13 32.87 52.93 66.31 76.68

Sep-13 29.24 50.20 64.25 74.08

Oct-13 27.67 48.57 63.47 74.81

Nov-13 29.34 50.19 64.16 73.85

Dec-13 29.08 50.64 66.43 75.65

Jan-14 26.89 49.30 65.36 75.31

Feb-14 26.72 48.11 63.38 73.80

Mar-14 26.90 47.02 62.04 73.27

2013-14 28.35 49.26 64.60 75.27

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TABLE 53: CATEGORYWISE FOREX ACTIVITY - DEAL TYPE

Market Share (%)

TABLE 54: NETTING FACTOR - FOREX

Amount in USD Million

Category CASH TOM SPOT FORWARD

Foreign Banks 43.72 46.79 42.78 53.66

Public Sector Banks 37.92 34.64 36.44 27.74

Private Sector Banks 18.18 18.41 20.58 18.53

Cooperative Banks 0.15 0.15 0.20 0.07

Financial Institutions 0.04 0.01 0.00 0.00


2002-03 136102 24687 81.86

2003-04 501342 83849 83.28

2004-05 899778 94395 89.51

2005-06 1179688 115909 90.17

2006-07 1776980 171832 90.33

2007-08 3133665 239169 92.37

2008-09 3758905 209822 94.42

2009-10 2988971 177192 94.07

2010-11 4191037 212265 94.94

2011-12 4642573 214730 95.37

2012-13 4830933 222470 95.39

Apr-13 465667 21843 95.31

May-13 462444 23933 94.82

Jun-13 402295 23308 94.21

Jul-13 414482 21825 94.73

Aug-13 356554 18346 94.85

Sep-13 354639 18972 94.65

Oct-13 366083 18893 94.84

Nov-13 325595 18698 94.26

Dec-13 396522 22803 94.25

Jan-14 402294 22116 94.50

Feb-14 325310 18036 94.46

Mar-14 471435 26308 94.42

2013-14 4743321 255080 94.62

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TABLE 55: CLS SETTLEMENT

CONTINUOUS LINKED SETTLEMENT (CLS)



TABLE 56: CURRENCY WISE GROSS SETTLEMENT

CurrencyCurrencywise Gross Value

(In millions)MTM Rates

Gross Volume in USD(In millions)

US Dollar (USD/INR) 471435 1.0000 471435

US Dollar 22882 1.0000 22882

EURO 8935 1.3792 12323

GB Pound 4547 1.6647 7569

Japanese Yen 427477 0.0097 4142

Canadian Dollar 2957 0.9057 2678

Australian Dollar 2601 0.9231 2401

NZ Dollar 1211 0.8647 1047

Swiss Franc 485 1.1313 549

Singapore Dollar 360 0.7940 286

Swedish Krone 205 0.1541 32

SA Rand 289 0.0945 27

HK Dollar 120 0.1289 15

Danish Krone 72 0.1847 13

Norwegian Krone 66 0.1670 11

Total 525410

Settlement Period Trades Gross Value Net Value Netting Factor (%)

2005-06 39961 67858 10143 85.05

2006-07 138797 327380 33493 89.77

2007-08 188741 681369 51428 92.45

2008-09 247571 499318 53726 89.24

2009-10 295258 391932 52239 86.67

2010-11 394315 469873 60605 87.10

2011-12 441933 647151 76881 88.12

2012-13 570308 724121 55305 92.36

Apr-13 47796 56497 4780 91.54

May-13 54201 55542 3715 93.31

Jun-13 57076 57323 4333 92.44

Jul-13 60167 58666 4634 92.10

Aug-13 48544 47778 4668 90.23

Sep-13 47869 51671 4494 91.30

Oct-13 48449 52413 4833 90.78

Nov-13 40919 44865 4606 89.73

Dec-13 43758 53088 4955 90.67

Jan-14 46954 51066 4596 91.00

Feb-14 47447 46972 3670 92.19

Mar-14 51625 53951 5585 89.65

2013-14 594805 629831 54870 91.29

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TABLE 57: TOP 5 CURRENCY PAIRS - CLS

FOREX TRADING PLATFORM: FX-CLEAR

4Number of Participants: 7

TABLE 58: TRADING DETAILS



Sr.No.

Currency Pair Gross Value (USD Million) Share (%)

1 EUR/USD 20377 37.76

2 USD/GBP 12641 23.43

3 JPY/USD 6181 11.45

4 USD/CAD 4253 7.88

5 AUD/USD 2654 4.92

Others 7856 14.56

53962 100.00

Spot Daily AveragePeriod


2003-04 881 646 5 4

2004-05 3329 2250 13 9

2005-06 16636 11893 67 48

2006-07 46553 33264 190 136

2007-08 73943 49139 297 197

2008-09 79125 46889 330 195

2009-10 99090 53435 415 224

2010-11 111023 58577 448 236

2011-12 124664 65197 522 273

2012-13 171398 87689 708 362

Apr-13 15345 7917 853 440

May-13 17629 9048 801 411

Jun-13 16609 8464 830 423

Jul-13 22351 11353 972 494

Aug-13 20184 10218 1009 511

Sep-13 21110 10737 1056 537

Oct-13 21960 11133 1046 530

Nov-13 18262 9264 961 488

Dec-13 17341 8787 826 418

Jan-14 18844 9544 857 434

Feb-14 14853 7536 825 419

Mar-14 18908 9579 995 504

2013-14 223396 113580 919 467

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DERIVATIVES


TABLE 59: INTEREST RATE SWAP TRANSACTIONS (MATCHED) - MARCH 2014

TABLE : INTEREST RATE SWAP (MIBOR) MARKET SHARE -60 MARCH 2014

Amount Crore and Share in %`

Amount Crore`

MIBOR MIFOR INBMK TotalDate


3-Mar-14 87 4475 6 300 - - 93 4775

4-Mar-14 95 8420 8 300 - - 103 8720

5-Mar-14 98 6910 2 75 - - 100 6985

6-Mar-14 94 12075 1 25 - - 95 12100

7-Mar-14 63 3700 - - - - 63 3700

10-Mar-14 42 2325 5 225 - - 47 2550

11-Mar-14 104 6425 3 150 - - 107 6575

12-Mar-14 101 11165 - - - - 101 11165

13-Mar-14 89 10200 1 75 - - 90 10275

14-Mar-14 75 9415 3 150 - - 78 9565

18-Mar-14 60 11050 - - - - 60 11050

19-Mar-14 73 7775 14 575 - - 87 8350

20-Mar-14 132 25650 9 465 - - 141 26115

21-Mar-14 75 8150 4 125 - - 79 8275

24-Mar-14 35 2275 - - - - 35 2275

25-Mar-14 102 11900 7 525 1 350 110 12775

26-Mar-14 60 6315 11 870 - - 71 7185

27-Mar-14 119 16075 9 585 - - 128 16660

28-Mar-14 135 14625 8 350 - - 143 14975

Total 1639 178925 91 4795 1 350 1731 184070

Average 86 9417 5 252 0 18 91 9688

Buy Sell TotalCategory

DealsMarketShare

NotionalAmount

MarketShare

DealsMarketShare

NotionalAmount

MarketShare

DealsMarketShare

NotionalAmount

MarketShare

Foreign Banks 1208 73.70 144275 80.63 1214 74.07 139350 77.88 2422 73.89 283625 79.26

Nationalized Banks 6 0.37 775 0.43 7 0.43 425 0.24 13 0.40 1200 0.34

Primary Dealers 194 11.84 19475 10.88 213 13.00 25725 14.38 407 12.42 45200 12.63

Private Banks 231 14.09 14400 8.05 205 12.51 13425 7.50 436 13.30 27825 7.78

Total 1639 100.00 178925 100.00 1639 100.00 178925 100.00 3278 100.00 357850 100.00

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TABLE 6 : INTEREST RATE SWAP (MIFOR) MARKET SHARE - MARCH1 2014

Amount Crore and Share in %`

TABLE 62: TOP ‘N’ MARKET SHARE - IRS

TABLE 63: IRS TRADE SUMMARY (MATCHED)

Amount Crore`

Percent

MIBOR MIFOR

Top 1 19.57 18.87

Top 5 67.63 67.21

Top 10 89.08 91.40

Buy Sell TotalCategory

DealsMarketShare

NotionalAmount

MarketShare

DealsMarketShare

NotionalAmount

MarketShare

DealsMarketShare

NotionalAmount

MarketShare

Foreign Banks 64 70.33 3605 75.18 50 54.95 3020 62.98 114 62.64 6625 69.08

Private Banks 27 29.67 1190 24.82 41 45.05 1775 37.02 68 37.36 2965 30.92

Total 91 100.00 4795 100.00 91 100.00 4795 100.00 182 100.00 9590 100.00

MIBOR MIFOR INBMKPeriod

Trades Value Trades Value Trades Value

2007-08 79495 4728077 18139 647609 385 14365

2008-09 40912 2644846 4799 223663 132 6575

2009-10 20352 1452058 1050 53867 77 5125

2010-11 33057 2359722 1291 74911 150 8775

2011-12 33642 2451048 2101 109973 14 860

2012-13 22713 2021607 1252 75435 11 635

Apr-13 2161 200500 132 6036 - -

May-13 3179 231617 104 4702 - -

Jun-13 3426 276495 131 7789 - -

Jul-13 3984 347525 157 8059 - -

Aug-13 2698 216545 115 4950 - -

Sep-13 1729 141525 124 6205 - -

Oct-13 1299 135575 121 8160 - -

Nov-13 1156 107105 102 6270 - -

Dec-13 875 123795 118 8079 - -

Jan-14 1899 188660 144 7665 - -

Feb-14 1469 148465 98 7070 - -

Mar-14 1639 178925 91 4795 1 350

2013-14 25514 2296732 1437 79780 1 350

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TABLE 64: OUTSTANDING POSITION IN IRS TRANSACTIONS

Amount Crore`

TABLE 65: NETTING FACTOR - IRS NON-GUARANTEED SETTLEMENT

Amount Crore`

MIBOR MIFOR INBMK TotalPeriod

TradesNotional

SumTrades

NotionalSum

TradesNotional

SumTrades

NotionalSum

2007-08 61665 3655595 16528 611566 368 13690 78561 4280852

2008-09 23732 1394018 11803 468045 461 18715 35996 1880778

2009-10 29853 1748787 8201 326852 450 20385 38504 2096024

2010-11 43197 2645709 6357 270080 542 26910 50096 2942699

2011-12 27613 1975121 6402 296491 520 25910 34535 2297521

2012-13 20958 1554242 6017 294937 489 24845 27464 1874024

2013-14 17782 1447259 5566 276349 445 22420 23793 1746028

Settlement Period Gross Amount Net Amount Netting %

2009-10 13827 3688 73.33

2010-11 22794 5250 76.97

2011-12 28328 7735 72.69

2012-13 23797 6732 71.71

Apr-13 1069 370 65.41

May-13 797 302 62.11

Jun-13 1251 454 63.73

Jul-13 1212 383 68.43

Aug-13 1448 400 72.37

Sep-13 1814 608 66.46

Oct-13 1685 663 60.65

Nov-13 1592 595 62.62

Dec-13 1718 652 62.04

Jan-14 2515 976 61.18

Feb-14 2157 617 71.38

Mar-14 2410 927 61.53

2013-14 19667 6947 64.67

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HIGHLIGHTS

• Zero coupon yields have moved to higher levels

across the curve as compared to the yields

prevailing a year back. In the last one month,

yields have moved to lower levels across the

curve. The downward shift was more

pronounced in the short end of the curve.

INTEREST RATE MOVEMENT

Chart 1: Zero Coupon Yield Curve

Chart 2: Sovereign Yield Curve

7.80

8.00

8.20

8.40

8.60

8.80

9.00

9.20

9.40

0.5 2 4 6 8 10 12 14 16 18 20 22 24 26 28 30

Tenor

(%)

28-Mar-14 28-Feb-14 28-Mar-13

7.5

7.8

8.1

8.4

8.7

9

9.3

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30

Tenor (In years)

Zero

Co

up

on

Rat

e(%

)

28-Mar-14 28-Feb-14 28-Mar-13

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TABLE 66: SPREAD ANALYSIS - SDL

Note: Spread has been calculated on the basis of deals settled through CCIL taking into account only outright deals of 5 Crore andabove. The methodology and other information on the spread can be requested from Economic Research Department, CCIL

`

State No. of TradesTraded Volume

(` Crore)Average Spread

(bps)

ANDHRA PRADESH 269 2807 53

ARUNACHAL PRADESH 25 171 56

BIHAR 38 256 56

GOA 32 167 59

GUJARAT 204 2075 46

HARYANA 251 1727 55

JHARKHAND 17 152 51

KARNATAKA 88 323 39

KERALA 40 532 48

MADHYA PRADESH 9 66 45

MAHARASHTRA 172 1019 49

PUNJAB 8 182 40

RAJASTHAN 9 369 41

TAMIL NADU 161 2071 46

UTTAR PRADESH 11 159 59

UTTARAKHAND 74 1067 59

WEST BENGAL 90 1058 59

Total 1498 14201 51

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TABLE 67: YIELD MOVEMENT

Percent

YTMChange inYTM(bps)

YearMarch

28, 2014February28, 2014

January31, 2014

December31, 2013

November29, 2013

October31, 2013

September30, 2013

August30, 2013

July 31,2013

June 30,2013

May 31,2013

April30, 2013

March31, 2013

Monthto

Month

Year onYear

2014 8.9051 8.7548 8.5351 9.0838 10.8692 9.9125 7.5735 7.4977 7.6674 8.0151

2015 8.7526 8.7963 8.9945 8.7936 8.4041 8.3535 8.6279 9.2322 9.3751 7.5620 7.3178 7.4539 7.7363 -4 102

2016 8.4302 8.9344 9.0076 8.8347 8.3870 8.5306 8.7049 9.8716 9.0953 7.5378 7.4684 7.4598 7.7948 -50 64

2017 8.6182 9.0154 8.9278 8.5567 8.5409 8.4907 8.6984 9.4271 8.9543 7.5868 7.3488 7.5321 7.8743 -40 74

2018 8.7610 8.9062 8.9442 8.6029 8.6510 8.5289 8.8541 9.2214 8.9766 7.6482 7.3802 7.5730 7.9510 -15 81

2019 8.8716 8.9969 8.9329 8.9269 8.6942 8.6325 8.9453 9.3078 8.9182 7.6129 7.4966 7.7003 8.0369 -13 83

2020 9.0609 9.2245 9.0878 9.0423 8.8641 8.7193 8.9976 9.2243 8.7530 7.6710 7.3524 7.5327 7.8340 -16 123

2021 9.1197 9.2372 9.0453 9.1672 9.0400 8.7810 8.9326 9.0841 8.6720 7.6890 7.4908 7.7884 8.0476 -12 107

2022 9.0627 9.2148 9.0487 9.1412 9.0840 8.7254 9.2097 9.0430 8.6130 7.6347 7.4602 7.7393 7.9536 -15 111

2023 8.8169 8.8760 8.8228 8.8252 9.0070 8.5970 8.6789 8.7426 8.2385 7.4518 7.2389 8.2514 8.1096 -6 71

2024 9.0529 9.1677 9.0861 9.0958 8.9824 8.9743 9.0386 8.9951 9.0672 7.6709 7.5116 7.8722 8.1265 -11 93

2025 9.1395 9.3194 9.1213 9.2235 9.1516 8.9809 9.2209 9.0720 8.6539 7.6523 7.4233 7.7810 8.0638 -18 108

2026 9.1595 9.2029 9.2151 9.2378 9.1486 8.9846 9.2049 9.0900 9.1224 7.6550 7.4373 7.7946 8.0679 -4 109

2027 9.1594 9.2960 9.2204 9.2156 9.0742 8.8378 9.0778 9.1131 9.1538 7.7576 7.4543 7.8656 8.1075 -14 105

2028 9.2470 9.3492 9.3225 9.3267 9.1910 9.0433 9.2452 9.2482 8.7550 7.8267 7.5699 7.9632 8.2313 -10 102

2030 9.1086 9.2577 9.2208 9.2077 9.0895 8.9870 9.2952 9.2123 8.7138 7.8221 7.4946 7.9639 8.2394 -15 87

2032 9.1088 9.2602 9.2338 9.2402 9.1655 9.0512 9.2974 9.3058 8.6540 7.8250 7.4992 7.9204 8.1826 -15 93

2034 9.1137 9.2609 9.2443 9.2353 9.2477 9.0357 9.3013 9.2821 8.6883 7.9335 7.6109 8.0524 8.3106 -15 80

2035 9.1101 9.2591 9.2503 9.3465 9.2732 9.1501 9.4192 9.2252 8.8034 7.9421 7.6152 8.0583 8.3150 -15 80

2036 9.1076 9.2591 9.2546 9.2370 9.1673 9.0420 9.3136 9.3026 8.6971 7.8210 7.5025 7.9511 8.1671 -15 94

2039 9.2098 9.3680 9.3764 9.3466 9.2861 9.1543 9.4328 9.4296 8.8216 7.9618 7.6270 8.0636 8.3166 -16 89

2040 9.2062 9.3687 9.3799 9.2355 9.1776 9.0438 9.3214 9.3239 8.7216 7.8590 7.5265 7.9498 8.2099 -16 100

2041 9.0932 9.2503 9.2670 9.2360 9.1916 9.0503 9.3756 9.3367 8.7229 7.8652 7.5273 7.9760 8.2249 -16 87

2042 9.0858 9.2653 9.3145 9.2381 9.1677 9.0393 9.2805 9.3175 8.7476 7.8705 7.4959 7.9204 8.1789 -18 91

2043 9.2029 9.2538 9.2151 9.2184 - - - - - - - - - -5 -

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Issuances in the primary market rose significantly

to 431 in March 2014 compared to 243 issuances in

February 2014. The issuances were dominated by

finance companies with 303 issuances (70%),

followed by infrastructure companies with 94

issuances (22%), other companies with 21 issuances

(5%), and manufacturing companies with 13

issuances (3%).

Among the total issuances during the month, fixed

coupon bonds had a share of 65.40%, floating rate

bonds accounted for a share of 14.45% and zero

coupon bonds had a share of 20.14%. Majority of

the issuances (172 issuances) were in the 2 to 5 year

tenor. The maturity-wise analysis of activity in the

primary corporate bond market is given below:

TABLE 68: PRIMARY MARKET ISSUANCE CORPORATE BONDS - MARCH 2014

The trading volumes in the secondary market

picked up yet again and stood at 75,032 crore in

March 2014, compared to 43,790 crore in

February 2014.The average traded volumes on the

reporting platforms also increased with 2,974

crore reported on the FIMMDA platform, 644

crore reported on the NSE platform, and 330 crore

reported on the BSE platform for the month of

March 2014.

Average AAA 5-year spreads narrowed to 70 bps

from 82 bps in February 2014, while the 10-year

AAA spreads increased marginally to 58 bps from

56 bps in the previous month. The two major

traded corporates in March 2014 were: Power

Finance Corporation and Food Corporation of

India.

`

`

`

`

`

Source: NSDL

CORPORATE BONDS

TenorBuckets

No. Fixed FloatingZero

Coupon

Avg. FixedCoupon

(%)

Max.Coupon

(%)

Min.Coupon

(%)

FloatingBenchmark

Remarks

<=1 year 16 11 2 3 11.36% 13.75% 9.59%

CNX Bank IndexLinked, MIBOR

Linked

9 Securitieswith nospecifiedcoupon

1 year –<=2 years

122 68 13 40 10.45% 20.50% 9.50%

CNX Bank IndexLinked, Equity

Linked, CNX NiftyIndex Linked

2 years –<=5 years

172 84 46 40 11.97% 22.00% 5.00%Bank Index Linked,Equity Linked, CNX

Nifty Index Linked,S&P 500 Linked>5 years –

<=10 years34 30 2 11.57% 23.00% 6.50% -

>10 years-<=15 years

47 46 9.53% 11.90% 8.16% -

>15 years 37 34 8.90% 10.09% 8.55% -

Perpetual 3 3 12.33% 12.75% 12.05% -

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PRIMARY ISSUANCE ANALYSIS

FIXED COUPON BONDS

TABLE 69: ANALYSIS OF CORPORATE BOND ISSUANCE

TABLE 70: RATING ANALYSIS OF CORPORATE BOND ISSUANCES

Type Sector Rating No.Avg.

TenorMax.Tenor

MinTenor

Avg.Coupon

(%)

Max.Coupon

(%)

Min.Coupon

(%)

PSU Finance AAA 21 9.70 20.01 1.00 9.16 9.80 8.19

PSU Finance A 2 10.01 10.01 10.01 9.80 9.85 9.75

PSU Infrastructure AAA 21 12.83 20.10 3.00 8.61 9.67 6.00

PSU Infrastructure A 2 12.01 12.01 12.01 9.99 10.15 9.83

PSU Infrastructure NA 10 12.98 15.01 5.00 10.06 10.20 9.95

PSU Others AAA 1 8.01 8.01 8.01 9.95 9.95 9.95

PVT Finance AAA 14 7.22 20.01 1.25 9.79 10.70 8.16

PVT Finance AA 108 3.05 15.01 0.86 10.20 12.75 8.39

PVT Finance A 6 4.61 10.01 0.49 11.78 13.75 9.85

PVT Finance BBB 4 5.55 10.01 2.05 12.61 13.65 11.80

PVT Finance BB 1 1.23 1.23 1.23 12.00 12.00 12.00

PVT Finance NA 9 2.69 5.50 0.86 13.10 16.00 12.00

PVT Infrastructure AA 26 10.13 20.01 1.08 9.81 11.60 8.29

PVT Infrastructure A 6 5.08 9.93 1.50 12.44 14.50 11.00

PVT Infrastructure BBB 3 4.69 5.50 4.00 14.67 23.00 5.00

PVT Infrastructure BB 3 4.07 4.10 4.00 16.67 22.00 14.00

PVT Infrastructure NA 14 3.24 4.77 1.82 16.43 20.50 12.00

PVT Manufacturing AA 3 2.38 2.99 2.01 10.52 10.55 10.50

PVT Manufacturing A 3 5.04 10.01 2.18 11.60 11.90 11.45

PVT Manufacturing NA 1 1.05 1.05 1.05 12.00 12.00 12.00

PVT Others AAA 3 6.00 10.01 3.00 9.89 9.90 9.87

PVT Others AA 2 5.50 6.01 5.00 11.13 11.75 10.50

PVT Others A 6 2.18 5.01 1.00 11.58 13.75 6.50

PVT Others NA 7 2.75 3.00 2.00 14.13 18.00 13.00

Rating No.Avg.

TenorMax.Tenor

MinTenor

Avg.Coupon

(%)

Max.Coupon

(%)

Min.Coupon

(%)

AAA 60 10.00 20.10 1.00 9.17 10.70 6.00

AA 139 4.43 20.01 0.86 10.15 12.75 8.29

A 25 5.22 12.01 0.49 11.57 14.50 6.50

BBB 7 5.18 10.01 2.05 13.49 23.00 5.00

BB 4 3.36 4.10 1.23 15.50 22.00 12.00

NA 41 5.36 15.01 0.86 13.64 20.50 9.95

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TABLE 71: TOP 5 ISSUANCES

TABLE 72: SECTOR ANALYSIS

TABLE 73: CATEGORY ANALYSIS

TABLE 74: NON-FIXED RATE BOND ISSUANCE ANALYSIS

VARIABLE/ZERO COUPON BONDS

Company No.Avg.

TenorMax.Tenor

MinTenor

Avg.Coupon

(%)

Max.Coupon

(%)

Min.Coupon

(%)

%Share

KOTAK MAHINDRA PRIME LIMITED 19 1.69 3.05 0.86 9.95 10.25 9.59 6.88

TATA CAPITAL FINANCIAL SERVICES LIMITED 16 2.19 5.00 0.97 10.04 10.95 9.66 5.80

TATA CAPITAL HOUSING FINANCE LIMITED 11 1.97 10.01 0.88 9.95 10.00 9.90 3.99

RURAL ELECTRIFICATION CORPORATION LIMITED 9 11.01 20.01 3.00 8.53 9.67 6.00 3.26

TATA MOTORS FINANCE LIMITED 9 3.35 5.00 2.00 10.25 10.26 10.23 3.26

Sector No.Avg.

TenorMax.Tenor

MinTenor

Avg.Coupon (%)

Max.Coupon (%)

Min.Coupon (%)

Finance 165 4.45 20.01 0.49 10.32 16.00 8.16

Infrastructure 85 9.28 20.10 1.08 11.24 23.00 5.00

Manufacturing 7 3.33 10.01 1.05 11.19 12.00 10.50

Others 19 3.65 10.01 1.00 12.12 18.00 6.50

Type No.Avg.

TenorMax.Tenor

MinTenor

Avg.Coupon (%)

Max.Coupon (%)

Min.Coupon (%)

PSU 57 11.49 20.10 1.00 9.18 10.20 6.00

PVT 219 4.39 20.01 0.49 11.15 23.00 5.00

Type No.Avg.

TenorMax.Tenor

MinTenor

Remarks

Floating Rate 61 2.53 4.00 0.49 CNX NIFTY INDEX LINKED, BANK INDEX LINKED,EQUITY LINKED, MIBOR LINKED, S&P 500 LINKED

Zero Coupon Bond 85 2.14 6.57 0.87 -A

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SECONDARY MARKET ANALYSIS

Amount Crore`

TABLE 75: CORPORATE BONDS TRADING DETAILS

FIMMDA NSE BSE Deals on Exchange TotalDate

Trades Volume Trades Volume Trades Volume Trades Value Trades Volume

3-Mar-14 111 1240 41 618 26 121 - - 178 1979

4-Mar-14 69 912 28 154 47 370 - - 144 1436

5-Mar-14 97 1431 36 283 37 214 - - 170 1928

6-Mar-14 154 4554 77 3123 41 761 - - 272 8438

7-Mar-14 120 1485 49 581 32 356 - - 201 2421

10-Mar-14 150 2292 30 130 20 115 - - 200 2537

11-Mar-14 250 6593 79 1180 62 1437 - - 391 9209

12-Mar-14 257 4680 42 403 27 312 - - 326 5395

13-Mar-14 172 2869 37 272 26 56 - - 235 3196

14-Mar-14 158 2514 54 549 37 489 - - 249 3551

18-Mar-14 158 2171 170 112 24 122 - - 352 2405

19-Mar-14 135 1636 83 554 43 232 - - 261 2422

20-Mar-14 228 4095 49 290 20 155 - - 297 4541

21-Mar-14 181 2479 44 69 49 468 - - 274 3017

24-Mar-14 257 3887 66 395 36 107 - - 359 4389

25-Mar-14 261 2900 65 407 38 256 - - 364 3563

26-Mar-14 435 4613 103 663 69 246 - - 607 5523

27-Mar-14 420 4624 133 420 74 142 - - 627 5186

28-Mar-14 134 1538 214 2038 91 319 - - 439 3896

Total 3747 56512 1400 12243 799 6278 - - 5946 75032

Average 197 2974 74 644 42 330 - - 313 3949

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TABLE 76: HISTORICAL SUMMARY Amount Crore`

TABLE 77: CATEGORYWISE TRADING ANALYSIS

FIMMDA NSE BSEDeals onExchange

Total AveragePeriod

Trades Values Trades Values Trades Values Trades Values Trades Value Trades Value

2008-09 - 59502 - 48832 - 37495 - - - 145828 - 621

2009-10 - 192994 - 154737 - 54426 - - - 402157 - 1690

2010-11 31576 408603 7544 149373 4675 40628 - - 43795 598604 177 2423

2011-12 33126 351873 11932 191316 6381 48790 - - 51439 591979 216 2487

2012-13 36597 443430 20875 236306 8708 56612 - - 66180 736347 275 3055

Apr-13 4440 71452 2421 31396 1015 12394 - - 7876 115241 438 6402

May-13 4699 75788 2299 35031 1089 11305 65 7 8152 122131 371 5551

Jun-13 3199 51666 1933 30444 721 5273 53 181 5906 87565 295 4378

Jul-13 4049 62891 2260 35984 1055 11813 32 20 7396 110708 336 5032

Aug-13 2989 41058 1514 20417 835 7244 3 1 5341 68721 267 3436

Sep-13 2705 38254 1388 17610 620 6570 1 0 4714 62434 236 3122

Oct-13 3614 63933 890 6645 569 5841 3 0 5076 76420 242 3639

Nov-13 2453 33715 1241 17800 512 5059 - - 4206 56574 221 2978

Dec-13 2810 36177 1273 13083 650 5801 - - 4733 55060 225 2622

Jan-14 3433 51762 1865 35442 846 11278 1 0 6145 98482 279 4476

Feb-14 2265 27241 1138 10896 624 5652 - - 4027 43790 224 2433

Mar-14 3747 56512 1400 12243 799 6278 - - 5946 75032 313 3949

2013-14 40403 610449 19622 266990 9335 94508 158 209 69518 972156 287 4017

CATEGORY Rating Trades Value (` Crore) Avg. Tenor Avg. Spread (bps)

FINANCE AAA 1864 34888 5.36 68

FINANCE AA 693 8777 4.08 146

FINANCE A1 53 625 3.72 203

FINANCE A 104 955 11.36 79

FINANCE BBB 12 239 4.01 183

FINANCE NA 91 291 4.16 74

INFRASTRUCTURE AAA 914 9457 6.91 55

INFRASTRUCTURE AA 104 1022 9.05 42

INFRASTRUCTURE A 111 613 9.63 126

INFRASTRUCTURE BBB 15 78 3.12 341

INFRASTRUCTURE NA 34 1002 5.62 181

MANUFACTURING AAA 45 282 6.52 124

MANUFACTURING AA 132 2167 4.81 112

MANUFACTURING A1 4 39 0.07 175

MANUFACTURING NA 12 354 4.59 223

OIL AAA 16 890 3.97 43

OIL AA 1 2 13.99 60

OTHERS AAA 698 8731 6.59 81

OTHERS AA 10 246 2.35 155

OTHERS A 7 365 2.78 403

OTHERS NA 39 747 4.92 139

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TABLE 78: RATING ANALYSIS

TABLE 79: CATEGORY ANALYSIS

TABLE 80: BOND TYPE ANALYSIS

TABLE 81: AAA SPREAD ANALYSIS

Maturity Buckets Average AAA Spread (bps)

<=1 year 103

> 1 year -<=2 years 82

> 2 years -<=3 years 69

>3 years -<=5 years 73

>5 years-<=7 years 65

> 7 years 41

Rating Trades Value (` Crore) Avg. Tenor Avg. Spread (bps)

AAA 3537 54247 5.85 66

AA 940 12214 4.68 131

A1 57 663 3.40 201

A 222 1,932 10.16 115

BBB 27 317 3.52 270

NA 176 2393 4.65 119

Category TradesValue

(` Crore)Avg. Tenor Avg. Spread (bps)

FINANCE 2817 45775 5.16 95

INFRASTRUCTURE 1178 12171 7.39 74

MANUFACTURING 193 2841 5.08 124

OIL 17 892 5.22 45

OTHERS 754 10088 5.77 113

Type of Bond Trades Value (` Crore) Avg. Tenor Avg. Spread (bps)

FIXED 4690 68013 5.98 88

ZERO COUPON 213 3236 2.25 115

Floating 24 258 2.56 191

NA 32 261 5.67 189

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TABLE 8 :2 CATEGORY ANALYSIS - HISTORICAL

TABLE 8 :3 RATING ANALYSIS - HISTORICAL

TABLE 84: SPREAD ANALYSIS - HISTORICAL basis points

VolumesYear

Finance Infrastructure Manufacturing Oil Others Total

2008-09 102644 17543 7468 4952 1402 134191

2009-10 232669 50546 25739 18186 27285 354424

2010-11 394887 75663 26536 16916 23422 537425

2011-12 344743 99947 8781 13948 13405 480824

2012-13 334871 131421 38073 7613 22158 534135

2013-14 580267 188209 42594 17945 48072 877086

VolumesYear

AAA AA A1 A BBB BB B P1 NA

2008-09 107549 13465 - 2463 70 - - 9 10635

2009-10 294268 36550 5 12034 15 16 - 25 11512

2010-11 379542 107514 139 8068 260 38 216 8510 33138

2011-12 410152 44643 1637 3814 451 64 - - 20063

2012-13 410581 80864 5736 7859 564 2966 124 201 25241

2013-14 696917 130830 3273 20241 2994 186 2 50 22594

Year AAA AA A1 A BBB BB B P1 NA

2011-12 119 189 248 202 185 227 - - 205

2012-13 98 161 231 220 308 262 182 193 181

2013-14 85 140 275 163 291 254 - 189 176

Amount Crore`

Amount Crore`

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TABLE 85: TOP 25 TRADED CORPORATE BONDS

Note: Spread over comparable G-SecDeals apparently viewed as duplicate deals have been excluded.Source for Corporate Bonds:www.fimmda.orgwww.nseindia.comwww.bseindia.comwww.nsdl.co.in

No. ISIN No. Security Description Rating Category MaturityCoupon

(%)Trades

Volume(` Cr.)

Yield(%)

1 INE861G08035 FOOD CORPORATION OF INDIA CRISIL AAA(SO) OTHERS 7-Mar-22 9.95 631 8308.20 9.82

2 INE134E07513 POWER FINANCE CORPORATION LIMITED CRISIL AAA FINANCE 2-Mar-19 9.69 18 2005.00 9.72

3 INE020B07IB6 RURAL ELECTRIFICATION CORPORATION LIMITED CRISIL AAA INFRASTRUCTURE 10-Mar-17 9.67 65 1715.90 9.55

4 INE134E08EP6 POWER FINANCE CORPORATION LIMITED CRISIL AAA FINANCE 2-May-17 9.52 19 1380.00 8.66

5 INE261F09HS9 NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT CRISIL AAA FINANCE 16-Jul-15 9.41 14 1135.00 9.72

6 INE028A08059 BANK OF BARODA CARE AAA FINANCE 17-Dec-23 9.73 70 1111.60 9.65

7 INE043D07FI5 IDFC LIMITED [ICRA]AAA (Stable) FINANCE 18-Dec-23 9.68 65 1001.60 9.64

8 INE020B08781 RURAL ELECTRIFICATION CORPORATI ON LIMITED CRISIL AAA INFRASTRUCTURE 16-Oct-14 8.84 22 951.00 9.64

9 INE134E08FA5 POWER FINANCE CORPORATION LIMITED CRISIL AAA FINANCE 14-Dec-14 8.90 11 885.00 9.61

10 INE001A07FK5 HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED CRISIL AAA FINANCE 30-Apr-14 7.95 13 847.00 10.27

11 INE020B07HX2 RURAL ELECTRIFICATION CORPORATION LIMITED CRISIL AAA INFRASTRUCTURE 17-Oct-18 9.24 61 799.50 9.70

12 INE001A07KV2 HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED CRISIL AAA FINANCE 22-May-14 9.40 6 786.00 10.06

13 INE242A07256 INDIAN OIL CORPORATION LIMITED CRISIL AAA OIL 6-May-18 8.14 10 760.00 9.13

14 INE134E08FV1 POWER FINANCE CORPORATION LIMITED AAA- ICRA FINANCE 25-Jun-16 8.27 24 722.60 9.58

15 INE134E08EY8 POWER FINANCE CORPORATION LIMITED CRISIL AAA FINANCE 15-Oct-14 8.85 11 715.00 9.86

16 INE557F08ET7 NATIONAL HOUSING BANK CRISIL AAA FINANCE 23-Sep-16 10.14 6 700.00 9.82

17 INE134E08DY0 POWER FINANCE CORPORATION LIMITED CRISIL AAA FINANCE 15-Dec-14 9.63 11 685.00 9.67

18 INE115A07CR5 LIC HOUSING FINANCE LIMITED CRISIL AAA FINANCE 11-Dec-14 9.76 4 675.00 9.68

19 INE261F09IA5 NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT CRISIL AAA FINANCE 28-Dec-15 8.89 9 630.00 7.80

20 INE261F09IG2 NATIONAL BANK FOR AGRICULTURAL AND RURAL DEVELOPMENT CRISIL AAA FINANCE 26-Feb-16 9.14 10 600.00 9.51

21 INE020B07II1 RURAL ELECTRIFICATION CORPORATION LIMITED CRISIL AAA INFRASTRUCTURE 25-Mar-17 9.52 39 589.00 9.49

22 INE557F08EP5 NATIONAL HOUSING BANK CRISIL AAA FINANCE 25-Apr-16 8.45 7 585.00 9.39

23 INE043D07DK6 IDFC LIMITED AAA ICRA FINANCE 7-Apr-18 8.94 11 560.00 10.98

24 INE556F09437 SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA ICRA AAA FINANCE 26-Feb-17 9.83 4 560.00 9.62

25 INE514E08BF6 EXIM BANK CRISIL AAA FINANCE 16-Jul-15 9.35 10 550.00 9.66

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CERTIFICATES OF DEPOSIT AND COMMERCIAL PAPERSTABLE 86: CDs AND CPs TRADING DETAILS Amount Crore`

TABLE 87: HISTORICAL SUMMARY - CP AND CD Amount Crore`

CDs CPsPeriod

Trades ValueAverageValue

Weighted AvgYield (%)

Trades ValueAverageValue

2012-13 20584 1018664 7382 8.8721 6663 379785 2752

Apr-13 4136 216936 12052 8.2802 835 45728 2540

May-13 3415 168659 7666 7.9641 889 54120 2460

Jun-13 3033 166302 8315 8.0298 811 45937 2297

Jul-13 3259 173356 7880 8.8815 5411 55587 2527

Aug-13 1892 67180 3359 10.7747 585 29230 1462

Sep-13 2380 109513 5476 10.4109 2855 23791 1190

Oct-13 1643 60599 2886 9.1149 614 36099 1719

Nov-13 1720 82878 4362 9.0092 642 33583 1768

Dec-13 2296 109525 5215 8.8549 849 53027 2525

Jan-14 2675 138699 6304 8.6912 779 53068 2412

Feb-14 2359 123880 6882 9.2161 683 43725 2429

Mar-14 5027 263856 13887 9.6402 1088 80250 4224

2013-14 33835 1681382 6948 8.9439 16041 554146 2290

CDs CPs TotalDate

Trades Value Trades Value Trades Value

3-Mar-14 186 10894 42 4105 228 14999

4-Mar-14 199 10162 26 1638 225 11800

5-Mar-14 90 3460 53 4546 143 8007

6-Mar-14 151 9173 42 4085 193 13258

7-Mar-14 201 12734 57 5165 258 17898

10-Mar-14 305 14855 58 4143 363 18998

11-Mar-14 179 11775 57 3826 236 15601

12-Mar-14 157 8136 43 3821 200 11958

13-Mar-14 172 8577 41 3598 213 12175

14-Mar-14 303 15372 70 5545 373 20917

18-Mar-14 284 16021 78 4966 362 20987

19-Mar-14 233 11971 51 4772 284 16743

20-Mar-14 245 14129 82 4726 327 18855

21-Mar-14 230 13993 82 6659 312 20652

24-Mar-14 274 15635 59 4117 333 19752

25-Mar-14 402 21002 91 5768 493 26770

26-Mar-14 362 17172 70 4702 432 21874

27-Mar-14 454 19670 34 1322 488 20992

28-Mar-14 600 29124 52 2747 652 31871

Total 5027 263856 1088 80250 6115 344106

Average 265 13887 57 4224 322 18111

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TABLE 88: CERTIFICATE OF DEPOSIT - TENORWISE TRADING ANALYSIS

ResidualMaturity (Months)

Trades Traded Amount (` Crore) WAY (%)

1 1137 54118 9.7359

2 792 46400 9.7422

3 898 63798 9.6185

4 116 8695 9.7918

5 19 665 9.6094

6 174 10450 9.4388

7 37 951 9.5953

8 1 50 9.3300

9 26 987 9.3645

10 30 1438 9.5855

11 42 1412 9.4381

12 1755 74892 9.5463

Total 5027 263856 9.6402

Statistics - CCIL

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