FORM NL-29 Detail regarding Debt Securities
Insurer : GIC




Date: 30.09.2014







(Rs in Crs.)
Detail Regarding Debt Securities

MARKET VALUE* BOOK VALUE

As at 30.09.2014 As % of total for this class As at 30.06.2014 As % of total for this class As at 30.09.2014 As % of total for this class As at 30.06.2014 As % of total for this class
Break down by credit rating







AAA rated 5062.45 60.28 4412.15 54.77 5062.45 60.28 4412.15 54.77
AA or better 2660.07 31.67 2907.98 36.1 2660.07 31.67 2907.98 36.1
Rated below AA but above A 412.92 4.92 437.17 5.43 412.92 4.92 437.17 5.43
Rated below A but above B 101.66 1.21 111.67 1.39 71.67 0.85 111.67 1.39
Any other 161.32 1.92 186.48 2.31 191.32 2.28 186.48 2.31
TOTAL 8398.42 100 8055.45 100 8398.42 100 8055.45 100
BREAKDOWN BY RESIDUALMATURITY**







Up to 1 year 1148.58 6.04 971.9 5.33 1148.58 6.04 971.9 5.33
more than 1 yearand upto 3years 3700.59 19.45 3303.47 18.12 3700.59 19.45 3303.47 18.12
More than 3years and up to 7years 6788.49 35.67 6996.58 38.37 6788.49 35.67 6996.58 38.37
More than 7 years and up to 10 years 5334.85 28.04 5016.9 27.51 5334.85 28.04 5016.9 27.51
above 10 years 2054.36 10.8 1945.61 10.67 2054.36 10.8 1945.61 10.67
TOTAL 19026.87 100 18234.46 100 19026.87 100 18234.46 100
Breakdown by type of the issurer







a. Central Government 6707.57 35.29 6442.6 35.36 6707.57 35.29 6442.6 35.36
b. State Government*** 3903.14 20.53 3722.45 20.43 3903.14 20.53 3722.45 20.43
c.Corporate Securities 8398.42 44.18 8055.45 44.21 8398.42 44.18 8055.45 44.21
TOTAL 19009.13 100 18220.5 100 19009.13 100 18220.5 100
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 accordance 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.