The results of the auction of 11.50 per cent Government Stock, 2011 held on April 27, 2001 are : Auction Results  I.Notified amount: Rs.4000.00 crore      II.Bids received    (i) Number:216  (ii) Amount:Rs. 9316.005 crore    III.Cut-off price (per cent):Rs.108.81 (YTM) (10.1208%)  IV.Bids accepted  (i) Number:88  (i

The Reserve Bank of India, in exercise of the powers conferred on it under Section 45 IA of the Reserve Bank of India Act, 1934, has rejected on April 20, 2001, the application for certificate of registration submitted by M/s. Authentic Finance Pvt. Ltd. , 16, Netaji Subhas Road, 4th Floor, Kolkata -700 001. As such, the above company cannot transact the business of non-banking financial institution as defined in Clause (a) of Section 45 I of the Reserve Bank of India

The results of the auction of 17 Year Government Stock held on April 27, 2001 are : Auction Results  I.Notified amount: Rs.2000.00 crore      II.Bids received    (i) Number:257  (ii) Amount:Rs. 8287.00 crore    III.Cut-off Yield (Coupon rate):Rs.10.45  IV.Bids accepted  (i) Number:25  (ii) Amount:Rs. 2000.00 crore &

Date of Auction :April 27, 2001I.Notified amount: Rs.100.00 crore      II.Bids received   (a) Competitive bids     Number:17   Amount:Rs.411.00 crore (b) Non-competitive bids     Number:0   Amount:Nil    III.Cut-off price:Rs.98.11      IV.Competitive bids accepted   Numbe

April 27, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs. 46.86 on 27.04.2001. 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 YENApril 26, 200146.860067.513542.110738.28April 27, 200146.860067.511242.352137.8400Note : The reference rate is based on 12 noon rates of a few select banks i

The results of the RBI Repo/Reverse Repo auctions held on April 27, 2001 are : Item Repo 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) 8 5610 Nil NA 2. Applications accepted for three day repo period: (i) Number (ii) Amount (Face Value in Rs.crore) (iii) Cut-off Rate (per cent) 5 110 6.75 Nil NA NA

 Holiday  

--------------------------------------------------------------------------- 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 20, 2001 00008 10.70 % 2020 2.50 99.85 10.7184 Contract Date : April 23, 2001 97004 12.69 % 2002 1.289 103.50 9.0983 97004 12.69 % 20

All Figures are in USD MillionsMerchantInterBank FCY/INRFCY/FCYFCY/INRFCY/FCYPositionSpotForwardForwardSpotForwardForwardSpotSwapForwardSpotSwapForwardDateCancel- ationCancel- ationPURCHASES03/04/2001502598528795801,300111381111404/04/20013716721920144921,853773731271409/04/200148661281041235891,385105481861810/04/2001346505281754281,101754381081111/04/2001283984262158061,582190356696712/04/2001304160122516141,2961,2561173358755SALES03/04/2001398267212218234881,296129

The Reserve Bank of India has announced that the cut-off rate for underwriting by Primary Dealers for the Price Based Auction of 11.50% Government Stock 2011 to be held on April 27,2001 was 3.00 paise and the cut-off rate for Yield Based Auction of the 17 year Government Stock was 2.50 paise.Suraj Prakash ManagerPress Release : 2000-01/1473