Table 18: 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 1 transacted sold by market Bills sold  
    SMC SMC   outside SMC SMC transactions by SMC  
    (Rs million)           (% p.a.)  
                   
July 2000                  
03-07 July 1,982 81 0 82 0 0 163 10.92  
10-14 July 1,999 35 0 68 0 0 103 10.38  
17-21 July 1,895 68 1 155 0 0 224 11.42  
24-31 July 2,140 8 0 147 0 0 155 10.90  
                   
                   
Jan-99 1,361 111 25 850 0 0 986 12.54  
Feb-99 1,562 90 0 487 22 0 599 12.43  
Mar-99 1,255 97 169 783 0 0 1,049 12.63  
Apr-99 1,208 123 0 716 0 0 839 12.73  
May-99 1,349 191 84 782 0 0 1,057 12.58  
Jun-99 1,320 90 135 1,824 0 0 2,049 12.61  
Jul-99 1,522 50 1 566 0 0 617 12.54  
Aug-99 1,573 215 231 1,437 0 0 1,883 12.31  
Sep-99 863 109 570 1,820 0 0 2,499 11.58  
Oct-99 1,125 40 308 970 0 0 1,318 12.52  
Nov-99 722 193 288 2,468 0 0 2,949 12.20  
Dec-99 2,052 14 522 597 0 0 1,133 12.46  
Jan-00 1,485 0 8 674 0 0 682 12.55  
Feb-00 1,912 20 135 681 0 0 836 11.39  
Mar-00 1,819 50 159 1,328 0 0 1,537 11.04  
Apr-00 1,753 6 65 1,153 0 0 1,224 10.91  
May-00 1,031 0 117 184 0 0 301 11.19  
Jun-00 1,852 61 357 615 0 0 1,015 9.91  
Jul-00 2,140 192 1 452 0 0 645 11.00  
                   
SMC : Secondary Market Cell of the Bank of Mauritius. 1 Includes Bills sold Over The Counter (OTC).