| Table 17 : Secondary Market Activity | ||||||||
| Holdings | Amount | Amount | Amount | Amount of | Amount of | Total | Weighted | |
| of SMC | of Bills | of Bills | of Bills | Government | Government | volume of | average | |
| as at end | transacted | purchased | sold by | Securities | Securities | secondary | yield on | |
| of period | outside | by | SMC * | transacted | sold by | market | Bills sold | |
| SMC | SMC | outside SMC | SMC | transactions | by SMC | |||
| (Rs Million) | (% p.a.) | |||||||
| February 1999 | ||||||||
| Week 1 | 1,353 | 65 | 0 | 59 | 0 | 0 | 124 | 12.85 |
| Week 2 | 1,267 | 0 | 0 | 96 | 0 | 0 | 96 | 12.45 |
| Week 3 | 1,351 | 25 | 0 | 152 | 0 | 0 | 177 | 12.32 |
| Week 4 | 1,562 | 0 | 0 | 180 | 22 | 0 | 202 | 12.38 |
| Dec-97 | 292 | 0 | 398 | 208 | 0 | 0 | 606 | 8.83 |
| Jan-98 | 341 | 0 | 0 | 156 | 100 | 0 | 256 | 8.88 |
| Feb-98 | 213 | 180 | 50 | 580 | 0 | 21 | 831 | 8.90 |
| Mar-98 | 311 | 63 | 0 | 653 | 25 | 10 | 751 | 8.92 |
| Apr-98 | 573 | 9 | 375 | 521 | 14 | 10 | 929 | 8.97 |
| May-98 | 902 | 371 | 0 | 150 | 0 | 0 | 521 | 8.97 |
| Jun-98 | 745 | 907 | 0 | 173 | 0 | 0 | 1,080 | 9.07 |
| Jul-98 | 938 | 72 | 621 | 120 | 150 | 0 | 963 | 9.14 |
| Aug-98 | 957 | 193 | 25 | 514 | 0 | 0 | 732 | 9.36 |
| Sep-98 | 428 | 406 | 0 | 542 | 0 | 0 | 948 | 9.97 |
| Oct-98 | 1,009 | 330 | 53 | 372 | 164 | 0 | 919 | 9.91 |
| Nov-98 | 1,579 | 128 | 0 | 476 | 0 | 0 | 604 | 11.30 |
| Dec-98 | 1,301 | 55 | 69 | 914 | 0 | 0 | 1,038 | 12.40 |
| Jan-99 | 1,361 | 111 | 25 | 850 | 0 | 0 | 986 | 12.54 |
| Feb-99 | 1,562 | 90 | 0 | 487 | 22 | 0 | 599 | 12.43 |
| SMC : Secondary Market Cell of the Bank of Mauritius | ||||||||
| * : Includes Bills sold Over The Counter (OTC). | ||||||||
| Table 18 : Transactions on the Interbank Money Market | ||||||||
| Period | Amount Transacted | Daily | Range of | Interbank | Bank | |||
| Average | Interbank | W.A.I | Rate | |||||
| Lowest | Highest | Total | @ | Rate | Rate* | ** | ||
| (Rs million) | (Per cent) | |||||||
| February 1999 # | ||||||||
| Week I | 100 | 155 | 467 | 117 | 9.00 - 9.50 | 9.49 | 12.72 | |
| Week II | 60 | 445 | 2,525 | 361 | 9.00 - 10.50 | 9.59 | 12.73 | |
| Week III | 235 | 240 | 1,650 | 236 | 9.50 - 13.00 | 11.77 | 12.73 | |
| Week IV | 35 | 40 | 225 | 38 | 9.50 | 9.50 | 12.66 | |
| Week V | 90 | 90 | 270 | 90 | 9.50 | 9.50 | 12.70 | |
| Feb-98 | 10 | 188 | 1,888 | 105 | 7.50 - 9.00 | 8.39 | 9.02 | |
| Mar-98 | 20 | 364 | 3,993 | 148 | 7.50 - 9.00 | 8.38 | 9.02 | |
| Apr-98 | 25 | 318 | 2,518 | 114 | 7.75 - 12.00 | 9.30 | 9.05 | |
| May-98 | 10 | 177 | 2,143 | 79 | 7.00 - 9.00 | 8.08 | 9.08 | |
| Jun-98 | 5 | 480 | 1,608 | 95 | 7.50 - 10.50 | 8.35 | 9.13 | |
| Jul-98 | 20 | 325 | 5,130 | 166 | 7.50 -12.00 | 9.06 | 9.22 | |
| Aug-98 | 5 | 375 | 4,449 | 178 | 7.50 -10.00 | 9.00 | 9.63 | |
| Sep-98 | 8 | 158 | 725 | 30 | 8.00 - 10.25 | 8.91 | 10.12 | |
| Oct-98 | 15 | 495 | 4,220 | 136 | 8.00 - 18.00 | 10.37 | 10.30 | |
| Nov-98 | 7 | 290 | 3,362 | 112 | 8.00 - 11.00 | 10.14 | 11.43 | |
| Dec-98 | 21 | 450 | 3,384 | 117 | 8.50 - 12.19 | 9.82 | 12.49 | |
| Jan-99 | 35 | 385 | 3,137 | 116 | 8.00 - 18.00 | 11.09 | 12.76 | |
| Feb-99 | 35 | 445 | 5,137 | 190 | 9.00 - 13.00 | 10.28 | 12.71 | |
| * : Interbank Weighted Average Interest Rate. | # : Auction week . | |||||||
| ** : Simple Average for the month, actual for the week. | @ : For transactions days only. | |||||||