--------------------------------------------------------------------------- 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 25, 2001 00012 11.03 % 2012 5.00 112.14 9.2363 Contract Date : August 27, 2001 97011 11.15 % 2002 25.00 103.88 7.1033 97011 11.15 %

The Reserve Bank of India has decided to offer -13.05% Government Stock, 2007 from its investment portfolio for sale through auction on August 30, 2001 for an aggregate amount of upto Rs.2,000 crore.10.71% Government Stock, 2016 from its investment portfolio for sale through auction on August 30, 2001 for an aggregate amount of upto Rs.4,000 crore.Application forms may be obtained from Internal Debt Management Cell, Reserve Bank of India, 16th Floor, Central Office Bu

The OMO Sale window of 10.25% 2021 Government of India Stock is closed with immediate effect.Ajit Prasad ManagerPress Release : 2001-02/241

The Reserve Bank of India has appointed Shri S.B. Mishra, I.A.S. (Retd.) as Banking Ombudsman at Bhubaneshwar from August 21, 2001.As Banking Ombudsman, Shri Mishra would have his office at Reserve Bank of India Building, Bhubaneshwar and his jurisdiction and authority would extend to complaints against branches and offices of banks located within the territorial limits of the State of Orissa.P.V. Sadanandan Asst. ManagerPress Release : 2001-02/244

Date of Auction :August 29, 2001I.Notified amount: Rs.250.00 crore II.Bids received (a) Competitive bids Number:22 Amount:Rs.470.00 crore (b) Non-competitive bids Number:3 Amount:Rs.350.00 crore III.Cut-off price:Rs.98.32 IV.Competitive bids accepted Number:11 Amount:Rs.250.00 crore V.Partial Allotment Percentage:50.00 (2 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:3 Amount:Rs.350.00 crore (b)Partial Allotment Percentage:N.A.P.V. Sada

August 29, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.13 on 29.08.2001. 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 : Date CURRENCY 1 USD1 GBP1 EURO100 YEN28 August, 200147.150067.907842.729739.2629 August, 200147.130068.484642.977839.2800Note : The reference rate is based on 12 noon rates of a few select banks

The results of the RBI Repo/Reverse Repo auctions held on August 29, 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 15500 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 15500 6.50 NA NA NA3. Weighted average Cut-off Rate (p

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 August 30, 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.m.

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings15370.009265.00 24635.00Lendings14129.001946.006234.9922309.99(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.846.85 (b) Range of rates5.85- 7.054.85- 7.052 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding)Rate of

--------------------------------------------------------------------------- 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 24, 2001 00014 11.30 % 2010 5.00 114.04 8.9780 00014 11.30 % 2010 5.00 114.10 8.9690 00017 11.50 % 2011 5.00 115.81 9.0915 00017 11.