Date of Auction : November 22, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:19 Amount:Rs.320.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.95.37 IV.Competitive bids accepted Number:4 Amount:Rs.100.00 crore V.Partial Allotment Percentage:N. A. VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:95.39N.L. Ra

--------------------------------------------------------------------------- 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 : November 21, 2000 13.85 % 2001 10.00 101.20 10.1075 11.55 % 2001 5.00 100.775 10.1723 10.85 % 2001 10.00 100.41 10.1700 11.00 % 2002 0.09 101.45 9.91

With effect from November 22, 2000, the Reserve Bank of India has discontinued sale of 12.15% 2008 Government Security.

--------------------------------------------------------------------------- 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 : November 15, 2000 12.25 % 2008 1.00 105.60 11.1502 Contract Date : November 20, 2000 13.80 % 2002 5.00 104.67 10.4084 11.15 % 2002 5.00 101.34 10.285

--------------------------------------------------------------------------- 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 : November 17, 2000 14.00 % 2005(INSTA 10.00 111.70 10.8088 11.40 % 2008 5.00 101.73 11.0557 Contract Date : November 18, 2000 11.55 % 2001 10.00 100.7

Government of India have announced an auction of 11-year Government Stock for Rs.3,000 crore (nominal).2. The auction will be yield based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Thursday, November 23, 2000. Bids in the prescribed form obtainable from the Regional Director, Reserve Bank of India, Public Debt Office, Fort, Mumbai should be submitted to him on November 23, 2000 during banking hours. On the basis of bids received, Reserve Ban

--------------------------------------------------------------------------- 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 : November 16, 2000 11.40 % 2008 5.00 101.79 11.0443 11.40 % 2008 5.00 101.60 11.0808 Contract Date : November 17, 2000 11.55 % 2001 10.00 100.77 10.20

--------------------------------------------------------------------------- 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 : November 15, 2000 11.15 % 2002 20.00 101.39 10.2612 11.03 % 2012 5.00 97.27 11.4543 11.03 % 2012 5.00 97.25 11.4575 Contract Date : November 16, 2000

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

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, Novem