Date of Auction :March 30, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:16 Amount:Rs.174.00 crore (b) Non-competitive bids Number:1 Amount:Rs.350.00 crore III.Cut-off price:Rs.97.86 IV.Competitive bids accepted Number:9 Amount:Rs.100.00 crore V.Partial Allotment Percentage:8.33 (2 bids) VI .Devolvement on RBI:NIL VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.350.00 crore (b)Partial Allotment Percentage:N.A.N.L. Rao Ass

--------------------------------------------------------------------------- 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 : March 23, 2001 00008 10.70 % 2020 0.15 100.05 10.6915 Contract Date : March 27, 2001 98013 11.55 % 2001 5.00 100.65 8.8812 98013 11.55 % 20

The results of the auction of 11.43 per cent Government Stock, 2015 held on March 29, 2001 are : Auction Results I.Notified amount: Rs.3000.00 crore II.Bids received (i) Number:161 (ii) Amount:Rs.4397.13 crore III.Cut-off Price:Rs.103.70 (YTM) (10.9096%)IV.Bids accepted (i) Number:57 (ii) Amount:Rs.1089.13 crore V.Partial Allotment Percentage:NA VI.Devolvement on Primary Dealers:Rs.1910.87 crore (in fulfillment of underwriting commitment) VII.Devolvement on RBI:Nil VI

--------------------------------------------------------------------------- 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 : March 22, 2001 00008 10.70 % 2020 0.25 100.35 10.6543 Contract Date : March 23, 2001 94010 11.55 % 2002 1.00 103.67 9.0796 94003 12.50 % 20

Date of Auction : March 28, 2001 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.254.00 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.95.73 IV.Competitive bids accepted Number:6 Amount:Rs.100.00 crore V.Partial Allotment Percentage:75.00 (1 bid) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:95.74Aj

--------------------------------------------------------------------------- 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 : March 23, 2001 98019 11.68 % 2002 10.00 103.20 9.1216 94010 11.55 % 2002 10.00 103.61 9.1187 98004 11.10 % 2003 10.00 103.48 9.1847 94003 1

--------------------------------------------------------------------------- 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 : March 19, 2001 94003 12.50 % 2004 5.00 108.38 9.2469 94003 12.50 % 2004 5.00 108.35 9.2580 94003 12.50 % 2004 10.00 108.375 9.2488 94003 12

--------------------------------------------------------------------------- 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 : March 19, 2001 97009 10.85 % 2001 5.00 100.68 8.8282 Contract Date : March 20, 2001 00014 11.30 % 2010 1.00 107.40 10.0563 99020 11.83 % 20

Government of India have announced sale (re-issue) by auction of "11.43 per cent Government Stock, 2015 " for an aggregate amount of Rs 3,000 crore (nominal). The auction will be price based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Thursday, March 29, 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 on March 29, 2001 during th

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, March