(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings96868659018345Lendings4541278723949722(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.009.04 (b) Range of rates7.00-10.507.90-10.202 Term Money Market*Volume(Turnover)Range of Rates7839.60-12.753. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 9272at Bank Rate4. Liquidity Adjus

The results of the RBI Repo/Reverse Repo auctions held on October 9, 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 one day repo period:(i) Number (ii) Amount 6 1380 Nil NA2.Applications accepted for one day repo period:(i) Number (ii) Amount (iii) Cut-off Rate (per cent) 5 1370 8.75 Nil NA NA3.Applications received for three day repo period:(i) N

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 10, 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 auctions in Government of India dated securities and Treasury Bills of all maturities of 91, 182 and 364 day Treausry Bills on October 10, 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

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings117126330018042Lendings52192063414211424(ii) Interest RatesBorrowingsLendings (a)Weighted average rate9.079.11 (b) Range of rates7.00-10.508.30-10.502 Term Money Market*Volume(Turnover)Range of Rates8039.50-12.753. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 10007at Bank Rate4. Liquidity Ad

MERCHANTINTER BANKFCY/INRFCY/FCYFCY/INRFCY/FCYPOSITION DATESPOTFORWARD FORWARD CANCELLATIONSPOTFORWARDFORWARD CANCELLATIONSPOTSWAPFORWARDSPOTSWAPFORWARDPURCHASES18.09.2000453867791059321,10713840149519.09.20003821908562498921,14817529893520.09.2000425198150331391,0291,382159403631121.09.200036191114261257601,292158431781422.09.20004531708912932373690910454911912SALES18.09.20003893312591068601,04414542056519.09.20002663157552498871,11219232293620.09.2000261324102331410

Date of Auction :October 6, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:15 Amount:Rs.162.00 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.99.66 IV.Competitive bids accepted Number:15 Amount:Rs.100.00 crore V.Partial Allotment Percentage:22.98 (6 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:N.A. VIII.Weighted Average Price:99.6

Date of Auction : October 6, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:19 Amount:Rs.227.50 crore (b) Non-competitive bids Number:1 Amount:Rs.50.00 crore III.Cut-off price:Rs.97.66 IV.Competitive bids accepted Number:8 Amount:Rs.100.00 crore V.Partial Allotment Percentage:N. A. VI.Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.50.00 crore (b)Partial Allotment Percentage:NAP.V.Sadanandan Asstt.

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 182 day Government of India treasury bills for a notified amount of Rs.100 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

--------------------------------------------------------------------------- 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 03, 2000 11.50 % 2008 1.00 100.35 11.4237 11.40 % 2008 5.00 99.78 11.4385 Contract Date : October 04, 2000 13.75 % 2001 21.00 101.80 10.7124

October 6, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.11 on 06.10.2000. 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 YEN05 October 200046.090067.243040.314942.2106October 200046.110066.735040.127242.3800Note : The reference rate is based on 12 noon rates of a few select banks i

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, Octob

The results of the RBI Repo/Reverse Repo auctions held on October 6, 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 6 1850 Nil NA2.Applications accepted for three day repo period:(i) Number (ii) Amount (iii) Cut-off Rate (per cent) 6 1850 9.00 Nil NA NA3.Applications received for five day repo period:(i

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 9, 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 repos auctions in Government of India dated securities and Treasury Bills of all maturities of 91, 182 and 364 day Treausry Bills on October 9, 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 the s

--------------------------------------------------------------------------- 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 : September 28, 2000 11.83 % 2003 0.50 102.15 10.9033 12.59 % 2004 1.00 104.85 10.9546 Contract Date : October 03, 2000 13.85 % 2000 0.04 101.75 6.0706

The results of the auction of 11.30 per cent Government Stock, 2010 held on 5 October, 2000 are :Auction ResultsI.Notified Amount: Rs.3,000.00 crore II.Bids Received - (i)Number:204 (ii)Amount:Rs.7087.22 crore III.Cut-off price (per cent):Rs.97.71 (YTM) (11.6919%) IV.Bids Accepted - (i)Number:78 (ii)Amount:Rs.3000.00 crore V.Partial Allotment Percentage:10 (5 bids) VI.Devolvement on Primary Dealers:Nil (in fulfillment of underwriting commitment) VII.Devolvement on RBI

October 5, 2000The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.09 on 05.10.2000. 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 YEN04 October 200046.050067.219240.392842.3405 October 200046.090067.243040.314942.2100Note : The reference rate is based on 12 noon rates of a few select b

In response to a question from media persons on the sidelines of the Sixth Annual Seminar on Mutual Fund Industry, Dr. Bimal Jalan, Governor, Reserve Bank of India confirmed that "The mid-term review of the Monetary and Credit Policy, will be an absolutely routine exercise." He further added that the policy will review the developments in the economy and financial markets, including the forex market, since April. "No change in Bank Rate or Cash Reserve Ratio(CRR) is b