(Amount in Rupees crore)

Item

2003-04

2002-03

2001-02

1

2

3

4

1.

Gross Borrowing

1,21,500

1,25,000

1,14,213

2.

Repayment

32,693

27,420

26,499

3.

Net Borrowing

88,807

97,580

87,714

4.

Weighted Average Maturity

(in years)

14.94

13.83

14.26

5.

Weighted Average Yield (per cent)

5.71

7.34

9.44

6.

A.

Maturity Distribution - Amount

(a) Up to 5 Years

6,500

–

2,000

(b) Above 5 and up to 10 Years

22,000

45,500

16,000

(c) Above 10 Years

93,000

79,500

96,213

Total

1,21,500

125,000

114,213

B.

Maturity Distribution ( per cent)

(a) Up to 5 Years

5

–

2

(b) Above 5 and up to 10 Years

18

36

14

(c ) Above 10 Years

77

64

84

Total

100

100

100

7.

Price Based Auctions - Amount

74,000

56,000

53,000

8.

Yield - Per cent

(a)

Minimum

4.69

6.05

6.98

(4 years)

(12 years, 8 months)

(FRB, 8 years)

(b)

Maximum

6.35

8.62

11.00

(18 years, 11 months)

(24 years, 3 months)

(19 years, 8 months)

9.

Yield (per cent) - Maturity Distribution - wise

(a)

Less than 10 Years

Minimum

4.62

6.57

6.98

( 9 years )

(8 years)

(8 years)

Maximum

5.76

7.72

9.81

(8 years, 10 months)

(9 years,11 months)

(7 years, 4 months)

(b)

10 Years

Minimum

5.32

6.72

9.39

Maximum

5.32

8.14

9.39

(c)

Above 10 Years

Minimum

5.09

6.05

7.18

(FRB, 11 years)

(12 years, 8 months)

(14 years, 11 months)

Maximum

6.33

8.62

11.00

(29 years, 4 months)

(24 years, 3 months)

(19 years, 8 months)

Memo Item :

1.

Initial Subscription by the Reserve Bank*

21,500

36,175

28,892

2.

Open Market Operations by the Reserve Bank - Net Sales*

41,849

53,780

30,335

3.

Monetised Deficit*

-76,065

-28,399

-5,150

4.

Ways and Means Advances to the Centre
(Outstanding on March 31)

Nil

Nil

5,176