FORM NL-29  Detail regarding debt securities
Insurer: GIC Date: 31.12.2014
(Rs in Crores)
Detail Regarding debt securities
  MARKET VALUE* Book Value
  As at 31.12.2014 as % of total for this class As at 30.09.2014 as % of total for this class As at 31.12.2014 as % of total for this class As at 30.09.2014 as % of total for this class
Break down by credit rating
AAA rated 5150.45 59.50 5062.45 60.28 5150.45 59.50 5062.45 60.28
AA or better 2811.73 32.48 2660.07 31.67 2811.73 32.48 2660.07 31.67
Rated below AA but above A 430.92 4.98 412.92 4.92 430.92 4.98 412.92 4.92
Rated below A but above B 101.67 1.17 101.66 1.21 101.67 1.17 101.66 1.21
Any other 161.16 1.87 161.32 1.92 161.16 1.87 161.32 1.92
TOTAL 8655.93 100.00 8398.42 100.00 8655.93 100.00 8398.42 100.00
BREAKDOWN BY RESIDUALMATURITY**
Up to 1 year 1083.27 5.58 1148.58 6.04 1083.27 5.58 1148.58 6.04
more than 1 yearand upto 3years 3854.22 19.87 3700.59 19.45 3854.22 19.87 3700.59 19.45
More than 3years and up to 7years 7150.77 36.86 6788.49 35.67 7150.77 36.86 6788.49 35.67
More than 7 years and up to 10 years 5662.44 29.19 5334.85 28.04 5662.44 29.19 5334.85 28.04
above 10 years 1649.02 8.50 2054.36 10.80 1649.02 8.50 2054.36 10.80
TOTAL 19399.72 100.00 19026.87 100.00 19399.72 100.00 19026.87 100.00
Breakdown by type of the issuer
a. Central Government 6812.37 35.10 6707.57 35.29 6812.37 35.10 6707.57 35.29
b. State Government*** 3942.58 20.31 3903.14 20.53 3942.58 20.31 3903.14 20.53
c.Corporate Securities 8655.93 44.59 8398.42 44.18 8655.93 44.59 8398.42 44.18
TOTAL 19410.88 100.00 19009.13 100.00 19410.88 100.00 19009.13 100.00
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 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.