FORM NL-29  Detail regarding debt securities
Insurer: GIC Date: 31.12.2015 (Quarterly)
(Rs in Crores)
Detail Regarding debt securities
MARKET VALUE* Book Value
As at 31.12.2015 as % of total for this class As at 30.09.2015 as % of total for this class As at 31.12.2015 as % of total for this class As at 30.09.2015 as % of total for this class
Break down by credit rating
AAA rated 6420.81 65.14 5797.41 62.04 6273.37 64.56 5623.20 61.77
AA or better 2662.56 27.01 2709.36 29.23 2574.92 26.50 2618.84 28.77
Rated below AA but above A 619.83 6.29 645.37 6.96 623.55 6.42 649.58 7.14
Rated below A but above B 57.33 0.58 47.37 0.51 63.36 0.65 53.35 0.59
Any other 96.02 0.97 70.34 0.76 181.96 1.87 157.08 1.73
TOTAL 9856.55 100.00 9269.85 100.00 9717.16 100.00 9102.05 100.00
BREAKDOWN BY RESIDUALMATURITY







Up to 1 year 1745.40 7.76 1628.28 7.70 1771.25 8.04 1651.59 8.02
more than 1 yearand upto 3years 4540.40 20.20 4331.29 20.47 4446.83 20.17 4259.05 20.66
More than 3years and up to 7years 9089.86 40.43 8779.91 41.51 8876.08 40.26 8539.81 41.42
More than 7 years and up to 10 years 4842.84 21.54 4632.53 21.90 4669.99 21.18 4387.81 21.28
above 10 years 2264.27 10.07 1780.32 8.42 2280.46 10.35 1777.37 8.62
TOTAL 22482.77 100.00 21152.33 100.00 22044.61 100.00 20615.63 100.00
Breakdown by type of the issuer







a. Central Government 7869.28 35.00 7344.84 34.73 7741.91 35.12 7166.58 34.76
b. State Government*** 4756.94 21.16 4537.64 21.45 4585.54 20.80 4347.00 21.09
c.Corporate Securities 9856.55 43.84 9269.85 43.82 9717.16 44.08 9102.05 44.15
TOTAL 22482.77 100.00 21152.33 100.01 22044.61 100.00 20615.63 100.00
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 .
***Also includes State Government Guaranteed Bonds.