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.)  
March 2001                  
1-2 March 984 0 21 26 0 0 47 11.75  
5-9 March 941 0 1 52 0 0 53 12.04  
12-16 March 1,415 0 0 130 0 0 130 12.00  
19-23 March 1,280 0 1 89 0 0 90 11.50  
27-30 March 1,046 0 1 223 0 0 224 10.42  
                   
                   
Jun-99 1,320 90 135 1,824 0 0 2,049 12.61  
Sep-99 863 109 570 1,820 0 0 2,499 11.58  
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  
Aug-00 1,770 71 1 441 0 0 514 9.77  
Sep-00 1,626 19 3 245 0 0 267 10.27  
Oct-00 1,645 37 111 220 0 0 368 10.71  
Nov-00 674 13 4 3,493 0 0 3,510 10.14  
Dec-00 1,441 0 2 397 0 0 399 11.77  
Jan-01 1,808 0 101 646 0 0 747 11.35  
Feb-01 1,409 0 5 413 0 0 418 11.76  
Mar-01 1,046 0 24 520 0 0 544 11.23  
                   
SMC: Secondary Market Cell of the Bank of Mauritius.   1 Includes Bills sold Over The Counter (OTC).