Government of India have announced auction of 11.75 percent Government Stock, 2004 for an aggregate amount of Rs 4,000 crore(nominal). 2. The auction will be price based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Friday, July 21, 2000. Bids in the prescribed form obtainable from the Regional Director, RBI, Public Debt Office, Fort, Mumbai should be submitted on Friday, July 21, 2000 during the banking hours. On the basis of bids received, RB

--------------------------------------------------------------------------- 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 : July 12, 2000 10.20 % 2005 5.00 100.085 10.1779 10.20 % 2005 5.00 100.09 10.1766 Contract Date : July 14, 2000 11.40 % 2000 0.038 100.55 8.5372 11.40

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, July

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

The results of the auction of 12 year Government Stock Auction held on July 17, 2000 are :Auction ResultsI.Notified amount: Rs.2,500.00 crore      II.Bids Received -     Number:200   Amount:Rs.6183.75 crore    III.Cut-off Yield:11.03 per cent (Coupon Rate)      IV.Bids Accepted -     Number:105   Amou

--------------------------------------------------------------------------- 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 : July 11, 2000 11.68 % 2002 5.00 103.59 9.7143 11.15 % 2002 5.00 102.795 9.6584 11.98 % 2004 5.00 106.36 10.0612 11.19 % 2005 5.00 103.745 10.2224 11.

Date of Auction :July 14, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:20 Amount:Rs.314.50 crore (b) Non-competitive bids Number:1 Amount:50.00 crore III.Cut-off price:Rs.99.75 IV.Competitive bids accepted Number:3 Amount:Rs.100.00 crore V.Partial Allotment Percentage:83.33 (2 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.50.00 crore (b)Partial Allotment Percentage:NA VIII.Weighted Aver

--------------------------------------------------------------------------- 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 : July 11, 2000 11.99 % 2009 10.00 106.43 10.8266 Contract Date : July 12, 2000 11.99 % 2009 5.00 106.47 10.8195 Contract Date : July 13, 2000 11.15 %

Date of Auction : July 14, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:17 Amount:Rs.296.00 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.97.92 IV.Competitive bids accepted Number:2 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:0 Amount:Nil (b)Partial Allotment Percentage:NAP.V. Sadanandan Asstt. Manager Press R