May 16, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.46.93 on 16.05.2001. 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 YEN15 May, 200147.000066.681341.110938.1216 May, 200146.930066.725141.084937.9200Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai

The Reserve Bank of India has cut-off the underwriting commission for Primary Dealers for the Price Based Auction of 10.47% Government Stock, 2015 at two paise. The auction will be held on May 17, 2001.P.V. Sadanandan Asst. ManagerPress Release : 2000-01/1565

The results of the RBI Repo/Reverse Repo auctions held on May 16, 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) Nil Nil 0 7352. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) NA NA NA 4 585 8.753. Weighted average Cut-off Rate (per cen

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 May 17, 2001 (Thursday) for scheduled commercial banks and Primary Dealers holding SGL Account 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 InstitutionsTotalBorrowings14493.008347.00022840.00Lendings13499.002184.005025.0020708.00(ii) Interest RatesBorrowingsLendings (a)Weighted average rate8.868.88 (b) Range of rates7.25-9.256.80-9.502 Term Money Market*Volume(Turnover)Range of RatesBorrowings403.009.00-10.00Lendings410.009.00-10.203. Standing Liquidity Facility Availed from RBI $ Am

All Figures are in USD MillionsMerchantInterBank FCY/INRFCY/FCYFCY/INRFCY/FCYPositionSpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForwardDateCancel- ationCancel- ationPURCHASES23/04/2001306473987134361,19670455126924/04/2001294167674536741,4378039088425/04/2001819112814412698410418126/04/20015315793361719236591,634774182002027/04/2001251407241673921,5773933313421SALES23/04/2001344779910153681,18282460127824/04/200128526165935671,4855539281525/04/20011144

--------------------------------------------------------------------------- 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 : May 11, 2001 94003 12.50 % 2004 10.00 108.77 8.9530 94003 12.50 % 2004 10.00 108.77 8.9530 98022 11.98 % 2004 10.00 108.11 9.0885 98022 11.

May 15, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.00 on 15.05.2001. 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 YEN14 May, 200146.900066.487841.002338.2315 May, 200147.000066.681341.110938.1200Note : The reference rate is based on 12 noon rates of a few select banks in Mumbai

Government of India have announced auction of "10.47 per cent Government Stock, 2015" 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 Thursday, May 17, 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 May 17, 2001 during the banking hours. On the

The results of the RBI Repo/Reverse Repo auctions held on May 15, 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 4000 7 6402. Applications accepted for one day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) NA NA NA 6 620 8.753. Weighted average Cut-off Rate (per cent