FORM NL-29 Detail regarding debt securities
Insurer: GIC Date: 31.12.2010
(Rs in Lakhs)
Detail Regarding debt securities
  MARKET VALUE* Book Value
  As at 31.12.2010 as % of total for this class as at 30.9.2010 Of the previous quarter as % of total for this class As at 31.12.2010 as % of total for this class as at 30.9.2010 Of the previous quarter as % of total for this class
Break down by credit rating                
AAA rated 245625.29 51.84 231245.34 51.88 245625.29 51.84 231245.34 51.88
AA or better 143022.40 30.19 124426.03 27.92 143022.40 30.19 124426.03 27.92
Rated below AA but above A 67461.68 14.24 69494.65 15.59 67461.68 14.24 69494.65 15.59
Rated below A but above B 7590.83 1.60 8494.01 1.91 7590.83 1.60 8494.01 1.91
Any other 10110.28 2.13 12022.16 2.70 10110.28 2.13 12022.16 2.70
  473810.48 100.00 445682.19 100.00 473810.48 100.00 445682.19 100.00
BREAKDOWN BY RESIDUALMATURITY**                
Up to 1 year 57252.90 4.95 47940.01 4.31 57252.90 4.95 47940.01 4.31
more than 1 yearand upto 3years 191658.69 16.56 186490.85 16.75 191658.69 16.56 186490.85 16.75
More than 3years and up to 7years 400669.49 34.61 386695.12 34.74 400669.49 34.61 386695.12 34.74
More than 7 years and up to 10 years 323446.81 27.94 312591.82 28.08 323446.81 27.94 312591.82 28.08
above 10 years 184514.98 15.94 179477.02 16.12 184514.98 15.94 179477.02 16.12
  1157542.87 100.00 1113194.82 100.00 1157542.87 100.00 1113194.82 100.00
Breakdown by type of the issurer                
a. Central Government 432067.77 37.53 422044.01 38.11 432067.77 37.53 422044.02 38.11
b. State Government*** 245459.00 21.32 239785.90 21.65 245459.00 21.32 239785.90 21.65
c.Corporate Securities 473810.49 41.15 445682.20 40.24 473810.49 41.15 445682.20 40.24
  1151337.26 100.00 1107512.11 100.00 1151337.26 100.00 1107512.11 100.00
Note  
1. In case of a debt instrument is rated by more than one agency, then the lowest rating will be taken for the purpose of classification. 
2. Market value of the securities will be in accordnace with the valuation method specified by the Authority under Accounting/ Investment regulations. 
 
*All Debentures Bonds and Securities are held to maturity and hence valued at cost.
**Breakdown by residual maturity is on nominal value.
***Also includes State Government Guaranteed Bonds.