--------------------------------------------------------------------------- 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 : November 24, 2000 11.50 % 2011 5.00 100.11 11.4821 Contract Date : November 25, 2000 11.03 % 2012 5.00 96.65 11.5553 Contract Date : November 27, 200

--------------------------------------------------------------------------- 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 : November 22, 2000 11.03 % 2012 5.00 96.88 11.5178 11.43 % 2015 1.00 98.95 11.5746 11.43 % 2015 1.50 99.00 11.5674 Contract Date : November 23, 2000 1

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

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, Decem

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

--------------------------------------------------------------------------- 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 : November 24, 2000 12.50 % 2004 5.00 105.58 10.4599 12.50 % 2004 5.00 105.58 10.4599 12.50 % 2004 5.00 105.58 10.4599 12.50 % 2004 10.00 105.58 10.459

Date of Auction :November 24, 2000I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:17 Amount:Rs.389.50 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.99.73 IV.Competitive bids accepted Number:1 Amount:Rs.100.00 crore V.Partial Allotment Percentage:N. A. VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:0 Amount:Nil (b)Partial Allotment Percentage:N. A. VIII.Weighted Average Price:99.73N.L. R

Date of Auction : November 24, 2000 I.Notified amount: Rs.100.00 crore II.Bids received (a) Competitive bids Number:16 Amount:Rs.191.50 crore (b) Non-competitive bids Number:1 Amount:Rs.75.00 crore III.Cut-off price:Rs.97.78 IV.Competitive bids accepted Number:9 Amount:Rs.100.00 crore V.Partial Allotment Percentage:80.00 (2 bids) VI.Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.75.00 crore (b)Partial Allotment Percentage:NAN.L. Rao As

--------------------------------------------------------------------------- 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 : November 21, 2000 11.30 % 2010 0.09 100.30 11.2422 11.03 % 2012 0.25 97.20 11.4661 Contract Date : November 22, 2000 13.85 % 2001 10.00 101.155 10.21

The results of the auction of 11 Year Government Stock held on November 23, 2000 are : Auction Results I.Notified amount: Rs.3000.00 crore II.Bids Received (i) Number:141 (ii)Amount:Rs.5772.017 crore III.Cut-off yield:11.50 % (Coupon Rate) IV.Bids Accepted (i) Number:105 (ii)Amount:Rs.3000.00 crore V.Partial Allotment Percentage:73.67 (21 bids) VI .Devolvement on Primary Dealers:Nil (in fulfillment of underwriting commitment) VII.Devolvement on RBI:Nil VIII.Weighted A