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 October 17, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.

In addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repo auction in Government of India dated securities and Treasury Bills of all maturities of 91, 182 and 364 day Treausry Bills on October 17, 2000 (Tuesday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in the s

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings140855320019405Lendings74661676426813410(ii) Interest RatesBorrowingsLendings (a)Weighted average rate10.4410.54 (b) Range of rates9.00-11.109.90-11.502 Term Money Market*Volume(Turnover)Range of Rates9939.50-12.753. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10127at Bank Rate4. Liquidity

--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : October 12, 2000 11.75 % 2001 5.00 100.97 10.5178 11.00 % 2002 5.00 100.60 10.5644 11.15 % 2002 5.00 100.95 10.5663 11.15 % 2002 5.00 100.95 10.5663

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 October 16, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 11.00 a.m

In addition to regular auctions under the Scheme of Liquidity Adjustment Facility, Reserve Bank of India has announced a three-day repo auction in all Government of India dated securities and Treasury Bills of all maturities of 91, 182 and 364 days Treasury Bills on October 16, 2000 (Monday) for scheduled commercial banks and Primary Dealers holding SGL Account and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications in t

Date of Auction :October 13, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:17 Amount:Rs.162.00 crore (b) Non-competitive bids Number:1 Amount:Rs.165.00 crore III.Cut-off price:Rs.99.61 IV.Competitive bids accepted Number:12 Amount:Rs.100.00 crore V.Partial Allotment Percentage:36.21 (3 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.165.00 crore (b)Partial Allotment Percentage:N.A. VIII.We

Date of Auction : October 13, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.212.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.97.58 IV.Competitive bids accepted Number:6 Amount:Rs.100.00 crore V.Partial Allotment Percentage:85.71 (2 bids) VI.Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NAP.V.Sadanandan Asstt. Manager Pres

The 45th meeting of the All India Export Advisory Committee (AIEAC) was held on October 13, 2000 in the Central Office of the Reserve Bank of India. The meeting was inaugurated by Shri Jagdish Capoor, Deputy Governor, and was attended, among others, by representatives from Federation of Indian Exporters' Organisation, All India Manufacturers' Association, Foreign Exchange Dealers' Association of India, select bankers and senior officials from the Reserve Bank of India

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings151995535020734Lendings80581523327612857(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.699.77 (b) Range of rates9.00-10.509.00-10.602 Term Money Market*Volume(Turnover)Range of Rates9109.50-12.753. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10693at Bank Rate4. Liquidity Ad

The Reserve Bank of India has announced the auction of 91 day Government of India treasury bills for a notified amount of Rs.100 crore. The auction will be conducted using 'Uniform Price Auction' method. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of India

The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.500 crore. State Governments are allowed to participate as non-competitive bidders and the allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government

October 13, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.38 on 13.10.2000. 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 YEN12 October, 2000 46.300067.674440.132842.9413 October, 200046.380068.338640.077043.1100Note : The reference rate is based on 12 noon rates of a few sele

The Reserve Bank of India has announced the auction of 14 day Government of India Treasury Bills for a notified amount of Rs.100 crore. The allocation to non-competitive bidders will be outside the notified amount, at the discretion of the Bank. The sale will be subject to terms and conditions specified in the General Notification No.F.2(12)-W&M/97 dated 31 March 1998 issued by Government of India. Tenders should be submitted in the prescribed form on Friday, Octo

--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : October 10, 2000 11.30 % 2010 5.00 98.345 11.5802 Contract Date : October 11, 2000 11.55 % 2001 5.00 100.70 10.4688 11.10 % 2003 5.00 100.95 10.6540

MERCHANTINTER BANKFCY/INRFCY/FCYFCY/INRFCY/FCYPOSITION DATESPOTFORWARD FORWARD CANCELLATIONSPOTFORWARDFORWARD CANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARDPURCHASES25.09.2000409714861586951,13111135680626.09.20003308289121596209847739792827.09.2000363711461617106401,085894451581828.09.20003346659109245718309824593929.09.200050486821612135479727436212015SALES25.09.200036722158617136729939235485626.09.20003431563812191657893063417911027.09.200037822234162011639944884341961

The results of the RBI Repo/Reverse Repo auctions held on October 13, 2000 are :(Amount in face value in Rs. crore)Item Repo Auction (Sale of securities by RBI)Reverse Repo Auction (Purchase of securities by RBI)1.Applications received for three day repo period:(i) Number (ii) Amount 4 3500 11 15152.Applications accepted for three day repo period:(i) Number (ii) Amount (iii) Cut-off Rate (per cent) 1 3000 8.50 5 975 10.253.Applications received for five day repo perio

(Amount in Rupees crore and rate in per cent per annum) 1. Call/Notice Money Market* (i) Volumes Banks Primary Dealers Non-Bank Institutions Total Borrowings 14627 5752 0 20379 Lendings 8096 1728 3782 13606 (ii) Interest Rates Borrowings Lendings (a)Weighted average rate 9.28 9.28 (b) Range of rates 8.30-10.50 8.90-10.50 2 Term Money Market* Volume(Turnover) Range of Rates 853 9.50-12.75 3. Liquidity Support availed from RBI # Amount (outstanding) Rate of Interest 101

--------------------------------------------------------------------------- Nomenclature Amount Price * YTM % (Face Value) Per Rs.100 Indicative (in Rs.Crore) nominal --------------------------------------------------------------------------- I. Outright Transactions A.Government of India Dated Securities Contract Date : October 09, 2000 11.15 % 2002 5.00 101.15 10.4512 11.10 % 2003 5.00 101.13 10.5721 12.50 % 2004 5.00 105.16 10.6709 12.50 % 2004 5.00 105.16 10.6709

October 12, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.30 on 12.10.2000. 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 YEN11 October, 2000 46.330067.514440.478542.9612 October, 200046.300067.674440.132842.9400Note : The reference rate is based on 12 noon rates of a few select ba