(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market*(i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings128799954022833Lendings123131475370417492(ii) Interest RatesBorrowingsLendings (a)Weighted average rate7.097.10 (b) Range of rates6.50-8.106.90-8.102 Term Money Market*Volume(Turnover)Range of Rates1569.008.20-12.003. Liquidity Support availed from RBI # Amount (outstanding)Rate of Interest 6699.00at Bank Rate4. Liquidi

The Government of India, vide notifications F.No. 4(7) -W&M/2001 and F.No.4(7)- W&M/2001(1) both dated April 20, 2001 have announced the sale (re-issue) of two Government securities viz "11.50 per cent Government Stock 2011" and "10.71 percent Government Stock 2016" to Reserve Bank of India on ‘private placement’ basis as per the following details. Nomenclature 11.50 percent Government Stock, 2011 10.71 percent Government Stock, 2016Notified amountRs 4,000.00

The Government of India, vide notification F.No. 4(7)- W&M/2001(2) dated April 20, 2001 have announced the sale (re-issue) of Government security viz "11.60 per cent Government Stock 2020" to Reserve Bank of India on ‘private placement cum Tap sale basis" as per the following details. Nomenclature 11.60 percent Government Stock, 2020 Notified amountRs 4,000.00 croreIssue priceRs.104.75 per Rs 100 (face value)Date of redemption of the securityDecember 27, 2020Inter

Date of Auction :April 20, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:27 Amount:Rs.400.00 crore (b) Non-competitive bids Number:1 Amount:Rs.175.00 crore III.Cut-off price:Rs.98.07 IV.Competitive bids accepted Number:6 Amount:Rs.100.00 crore V.Partial Allotment Percentage:33.33 (1 bid) VI .Devolvement on RBI:NIL VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.175.00 crore (b)Partial Allotment Percentage:N.A.Ajit Prasad

The Reserve Bank of India has granted final approval to HSBC Primary Dealership India Private Limited to operate as a primary dealer in the Government Securities Market. HSBC Primary Dealership India Private Limited was granted "in principle" approval on March 2, 2001. With the grant of final approval to the aforesaid entity, the number of primary dealers in the Government Securities Market has gone up to sixteen.Ajit Prasad ManagerPress Release : 2000-01/1442

Date of Auction :April 20, 2001I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:19 Amount:Rs.310.50 crore (b) Non-competitive bids Number:1 Amount:100 III.Cut-off price:Rs.99.73 IV.Competitive bids accepted Number:10 Amount:Rs.100.00 crore V.Partial Allotment Percentage:44.91 (8 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:100.00 crore (b)Partial Allotment Percentage:N.A. VIII.Weighted Average Pr

The Reserve Bank of India will shortly be issuing Rs 500/- notes (revised colour scheme ) in Mahatma Gandhi Series bearing the signature of Dr. Bimal Jalan, Governor and without inset letter in numbering panels. Except for this change the design and colour scheme of these notes will be similar in all respects to the 500 rupee notes issued earlier in the revised colour scheme in Mahatma Gandhi Series. All Rs.500/- denomination notes issued by the Bank in the past will

April 20, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.85 on 20.04.2001. 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 : DateCURRENCY 1 USD1 GBP1 EURO100 YEN19 April, 200146.840066.948441.579938.320020 April, 200146.850067.656141.991738.4200Note : The reference rate is based on 12 noon rates of a few select banks i

The Reserve Bank of India will shortly be issuing Rs.100/- notes in Mahatma Gandhi series with capital letter `B' inset in both numbering panels bearing the signature of Dr.Bimal Jalan, Governor. Except for this change the design of Rs 100/- notes to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi series. All Rs.100/- denomination notes issued by the Bank in the past will continue to be legal tender.P.V. Sadanandan Asst. ManagerP

The results of the RBI Repos/Reverse Repo auctions held on April 20, 2001 are :ItemRepo 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 (Face value in Rs. crore) 3 11375 Nil NA2. Applications accepted for three day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 3 11375 7.00 Nil NA NA