--------------------------------------------------------------------------- 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 : September 19, 2000 11.40 % 2008 9.147 99.35 11.5243 Contract Date : September 20, 2000 12.50 % 2004 5.00 104.33 10.9787 12.50 % 2004 5.00 104.32 10.9

--------------------------------------------------------------------------- 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 : September 19, 2000 11.75 % 2001 0.40 100.87 10.7253 12.50 % 2004 5.00 104.02 11.0855 12.50 % 2004 5.00 104.05 11.0752 12.50 % 2004 5.00 104.05 11.075

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, Septe

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 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

--------------------------------------------------------------------------- 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 : September 20, 2000 11.98 % 2004 5.00 102.59 11.1511 Contract Date : September 21, 2000 11.00 % 2002 5.00 100.58 10.5858 11.00 % 2002 5.00 100.395 10.

Date of Auction :September 22, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:20 Amount:Rs.279.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.99.70 IV.Competitive bids accepted Number:3 Amount:Rs.100.00 crore V.Partial Allotment Percentage:76.92 (2 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:99.7

Date of Auction : September 22, 2000  I.Notified amount: Rs.100.00 crore      II.Bids received   (a) Competitive bids     Number:21   Amount:Rs.230.00 crore (b) Non-competitive bids     Number:1   Amount:Rs.35.00 crore    III.Cut-off price:Rs.97.53      IV.Competitive bid

--------------------------------------------------------------------------- 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 : September 20, 2000 11.40 % 2000 10.00 100.00 11.0969 11.40 % 2000 7.00 100.00 11.0969 11.75 % 2001 5.00 100.69 10.9286 11.75 % 2001 5.00 100.71 10.90

--------------------------------------------------------------------------- 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 : September 14, 2000 11.15 % 2002 20.00 100.84 10.6591 Contract Date : September 18, 2000 11.40 % 2008 5.00 99.23 11.5479 11.83 % 2014 0.05 102.05 11.5

The second tranche of market loans by twenty one State Governments for the year 2000-01 will be issued on September 26, 2000 for an aggregate amount of Rs.2106.91 crore. The loans will bear interest at 12.00 per cent per annum for 10 year maturity.The State-wise allocation is as under:Sr.No.StateAmount (Rs. crore)1.Andhra Pradesh150.002.Arunachal Pradesh2.213.Assam125.004.Bihar80.005.Goa40.266.Gujarat71.157.Haryana98.088.Himachal Pradesh48.909.Jammu & Kashmir38.61

--------------------------------------------------------------------------- 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 : September 15, 2000 11.40 % 2008 3.00 99.88 11.4212 Contract Date : September 16, 2000 11.40 % 2008 5.00 99.55 11.4854 Contract Date : September 18, 2

Date of Auction : September 20, 2000 I.Notified amount: Rs.500.00 crore II.Bids received (a) Competitive bids Number:45 Amount:Rs.1237.72 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.90.16 IV.Competitive bids accepted Number:6 Amount:Rs.83.22 crore V.Partial Allotment Percentage:N.A VI .Devolvement on RBI:Rs.416.78 crore VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:NA VIII.Weighted Average Price:9

--------------------------------------------------------------------------- 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 : September 15, 2000 11.75 % 2006 5.00 102.00 11.2524 7.50 % 2010 2.00 79.47 11.0003 Contract Date : September 16, 2000 11.75 % 2001 5.00 100.72 10.906

With effect from September 20, 2000, the sale of 11.75% 2004 has been discontinued.P.V. Sadanandan Asstt. ManagerPress Release : 2000-2001/430

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 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, Septe

The Reserve Bank of India has announced the auction of 364 day Government of India treasury bills for a notified amount of Rs.500 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

--------------------------------------------------------------------------- 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 : September 15, 2000 11.40 % 2000 5.00 99.985 11.4925 11.00 % 2002 5.00 100.37 10.7293 11.15 % 2002 10.00 100.78 10.6926 11.55 % 2002(I) 0.50 101.67 1

--------------------------------------------------------------------------- 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 : September 13, 2000 12.70 % 2001 10.00 100.82 10.7765 12.70 % 2001 10.00 100.82 10.7765 13.85 % 2001 10.00 101.56 10.7401 11.00 % 2002 20.00 100.41 10