The Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities of 91, 182 and 364 day Treasury Bills on September 6, 2001 (Thursday) for scheduled commercial banks and Primary Dealers holding SGLAccount and Current Account with it at Mumbai.The eligible banks/institutions may submit separate applications before 10.30 a.

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings12842.008498.00 21340.00Lendings13604.001035.005296.1619935.16(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.896.91 (b) Range of rates5.45- 7.504.90- 7.502 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding)Rate of

All Figures are in USD MillionsMerchantInterBank FCY/INRFCY/FCYFCY/INRFCY/FCYPositionSpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForwardDateCancel- ationCancel- ationPURCHASES13/08/2001302993291473111,5065440890814/08/20012085511713636767725348142116/08/200136594322158244641,388425961831817/08/200119111123927133351,059403739310SALES13/08/20012771582891692621,72757402118714/08/2001288469712837670340379154116/08/2001318108402066195821,464475991851917/08/2

The Reserve Bank of India has withdrawn the Open Market Operation (OMO) sale list with effect from September 5, 2001.N.L. Rao Asst. ManagerPress Release : 2001-02/277

--------------------------------------------------------------------------- Loan Nomenclature Amount Price * YTM % Code (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : August 30, 2001 91012 11.50 % 2011 0.50 114.10 9.2927 01005 9.81 % 2013 5.00 102.94 9.3876 Contract Date : August 31, 2001 97011 11.15 % 20

The Reserve Bank of India has stated that it will function as usual on September 6, 2001 and will try to provide, to the extent possible, the required services to its constituents and public on that day in the event of a section of its employees going on strike.The All India Reserve Bank Employees Association (AIRBEA) representing Class III employees of the Reserve Bank has given a call to its members to resort to strike on Thursday, September 6, 2001. The Reserve Ban

Government of India have announced sale by auction of a new 11-year Government Stock for Rs 5,000 crore (nominal) and of a new 25-year Government Stock for Rs 2,000 crore (nominal). The auctions will be yield based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Monday, September 10, 2001. Bids in the prescribed form obtainable from the Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai should be submitted to that office o

The Reserve Bank of India withdrew 9.81% 2013 from the Open Market Operations(OMO) sale window with immediate effect. Sale of 11.75% 2006 continues at the price of Rs.116.13.P.V. Sadanandan Asst. ManagerPress Release : 2001-02/271

September 4, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.16 on 04.09.2001. Based on the Reference Rate for US dollar and middle rates of the cross currency quotes at 12 noon, the exchange rates of major currencies against the rupee are given below : DateCURRENCY 1 USD1 GBP1 EURO100 YEN03 September, 200147.130068.487042.867139.6404 September, 200147.160068.283042.455839.6700Note : The reference rate is based on 12 noon rates of a few selec

The results of the RBI Repo/Reverse Repo auctions held on September 4, 2001 are :ItemRepo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1. Applications received for one day repo period: (i) Number (ii) Amount (Face value in Rs. crore) 1 9500 Nil NA2. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 1 9500 6.50 NA NA NA3. Weighted average Cut-off Rate (p