Government of India have announced sale (re-issue) by auction of "11.40 percent Government Stock, 2008" for an aggregate amount of Rs 4,000 crore (nominal). The auction will be price based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Wednesday, April 18, 2001. Bids in the prescribed form obtainable from the Regional Director, RBI, Public Debt Office, Fort, Mumbai should be submitted to that Office on April 18, 2001 during the banking hours. On

--------------------------------------------------------------------------- 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 : April 10, 2001 94009 11.75 % 2001 10.00 100.95 9.0493 97011 11.15 % 2002 25.00 102.86 8.9036 97011 11.15 % 2002 1.50 102.77 8.9723 94003 12

The results of the auction of 10.95 per cent Government Stock, 2011 held on April 12, 2001 are : Auction Results I.Notified amount: Rs.4000.00 crore II.Bids received (i) Number:289 (ii) Amount:Rs. 13772.675 crore III.Cut-off Price (per cent):Rs.104.31 (YTM) (10.2517%)IV.Bids accepted (i) Number:57 (ii) Amount:Rs. 4000.00 crore V.Partial Allotment Percentage:69 (5 Bids) VI.Devolvement on Primary Dealers:Nil (in fulfillment of underwriting commitment) VII.Devolvement on

Date of Auction :April 12, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:17 Amount:Rs.248.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.99.72 IV.Competitive bids accepted Number:12 Amount:Rs.100.00 crore V.Partial Allotment Percentage:16.05 (5 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:99.73

Date of Auction :April 12, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:20 Amount:Rs.273.00 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.98.00 IV.Competitive bids accepted Number:7 Amount:Rs.100.00 crore V.Partial Allotment Percentage:75.00 (2 bids) VI .Devolvement on RBI:NIL VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:N.A.P.V. Sadanandan Asst. ManagerPress

The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.750 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

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, April

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 Government of Kerala have announced the sale of 10-year stock to the public by auction for Rs.200 crore. The auction will be conducted by Mumbai (Fort) office of the Reserve Bank of India on April 17, 2001. Tenders should be submitted in the prescribed form on Tuesday, April 17, 2001 before 14.30 hrs. Results will be announced the same evening. Payment by successful bidders will be on Wednesday, April 18, 2001. This is the first auction of State loans during the y

--------------------------------------------------------------------------- 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 : April 09, 2001 98013 11.55 % 2001 25.00 100.54 8.9899 96018 13.55 % 2001 0.05 102.90 8.6981 97011 11.15 % 2002 5.00 102.85 8.9156 97011 11.