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   Nomenclature                  Amount           Price *        YTM %
                                 (Face Value)     Per Rs.100   Indicative
                                 (in Rs.Crore)    nominal
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I.  Outright Transactions
A.Government of India Dated Securities
          Contract Date : December 20, 2000
  7.50 %  2010                      0.01188        76.00          11.7899
     Total                          0.01188

B. State Government Securities
          Contract Date : December 20, 2000
  11.00% MAHARASHTRA S.D. 2001      0.0165         98.00          14.0412
     Total                          0.0165

C. Treasury Bills
   (i) 14 Day Bills (Maturity-wise)
       (DD/MM/YYYY)
                                           NIL
   (ii) 91 Day Bills (Maturity-wise)
       (DD/MM/YYYY)
          Contract Date : December 21, 2000
        26/02/2001                  4.00           98.4103         8.7759
     Total                          4.00
   (iii) 182 Day Bills (Maturity-wise)
       (DD/MM/YYYY)
                                           NIL
   (iv) 364 Day Bills (Maturity-wise)
       (DD/MM/YYYY)
          Contract Date : December 21, 2000
        13/12/2001                  0.25           91.1962         9.8430
     Total                          0.25

II.  REPO Transactions *
    (Other than with RBI)

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   Nomenclature                    Amount      Price *   Repo Rate   Repo
                                 (Face Value) Per Rs.100   (%pa)    Period
                                 (in Rs.Crore) Nominal              (Days)
       (1)                          (2)          (3)        (4)      (5)
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A. Government of India Dated Securities
 12.69 %  2002                     20.00      103.15        8.60       5
     Total                         20.00
B. State Government Securities
                                           NIL
C. Treasury Bills
   (i) 14 Day Bills (Maturity-wise)
      (DD/MM/YYYY)
                                           NIL
   (ii) 91 Day Bills (Maturity-wise)
      (DD/MM/YYYY)
                                           NIL
   (iii) 182 Day Bills (Maturity-wise)
      (DD/MM/YYYY)
                                           NIL
   (iv) 364 Day Bills (Maturity-wise)
       (DD/MM/YYYY)
                                           NIL
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  * Relate to the first leg of Repos
  # YTM(indicative) will depend upon assumed rate of inflation
Date :  21 December 2000