--------------------------------------------------------------------------- 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 : August 03, 2001 94003 12.50 % 2004 5.00 111.62 7.5511 94003 12.50 % 2004 10.00 111.62 7.5511 94003 12.50 % 2004 5.00 111.62 7.5511 94003 12

The Reserve Bank of India has announced that the cut-off rate for underwriting by Primary Dealers for the of 9.81% Government Stock, 2013 was 10 paise and that for 18-year Government Stock was 8.75 paise . The auction for both the Securities would be held on August 8, 2001.P.V. Sadanandan Assistant ManagerPress Release : 2001-02/164

August 7, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.11 on 07.08.2001. 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 : Date CURRENCY 1 USD1 GBP1 EURO100 YEN06 August, 200147.120067.212041.500937.9407 August, 200147.110066.823241.440338.0800Note : The reference rate is based on 12 noon rates of a few select banks

Three State Governments have announced the sale of 10-year stock to the public by auction for Rs.830 crore as detailed below:StateAmount (Rs.crore)Adhra Pradesh475Madhya Pradesh105West Bengal250 830The auction will be conducted by Mumbai (Fort) office of the Reserve Bank of India on Monday, August 13, 2001. Tenders should be submitted in the prescribed form on Monday, August 13, 2001 before 14.30 hrs. Results will be announced the same evening. Payment by successful b

There were no bids received for Repo and Reverse Repo auctions today (07.08.2001) under Liquidity Adjustment Facility.

The Reserve Bank of India under the Scheme of Liquidity Adjustment Facility, has announced one day repo auction and reverse repo auction in Government of India dated securities and treasury bills of all maturities of 91, 182 and 364 day Treasury Bills on August 8, 2001 (Wednesday) for scheduled commercial banks and Primary Dealers holding SGLAccount and Current Account with it at Mumbai. The eligible banks/institutions may submit separate applications before 10.30 a.m

(Amount in Rupees crore and rate in per cent per annum)1. Call/Notice Money Market* (i) Volumes BanksPrimary DealersNon-Bank InstitutionsTotalBorrowings5387.001844.00 7231.00Lendings4127.00409.002941.827477.82(ii) Interest RatesBorrowingsLendings (a)Weighted average rate6.826.96 (b) Range of rates6.15-7.055.39-7.052 Term Money Market*Volume(Turnover)Range of RatesBorrowings -Lendings -3. Standing Liquidity Facility Availed from RBI $ Amount (outstanding)Rate of Intere

--------------------------------------------------------------------------- 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 : August 03, 2001 97011 11.15 % 2002 10.00 103.90 7.3084 97011 11.15 % 2002 10.00 103.91 7.2989 94003 12.50 % 2004 4.00 111.60 7.5590 94003 1

The results of the auction State Stock held on August 6, 2001 are : Auction Results I.Notified amount: Rs.250.00 crore II.Bids received (i) Number:54 (ii) Amount:Rs.429.003 crore III.Cut-off Yield :9.40 IV.Bids accepted (i) Number:30 (ii) Amount:Rs.250.00 crore V.Partial Allotment Percentage:64.13 (7 Bids) VI.Devolvement on Primary Dealers:Nil (in fulfillment of underwriting commitment) VII.Total Amount Accepted:Rs. 250 crore VIII.Weighted Average Yield:9.31P.V. Sadan

August 6, 2001The Reserve Bank of India’s Reference Rate for the US dollar is Rs.47.12 on 06.08.2001. 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 YEN03 August, 200147.100067.378941.499838.0106 August, 200147.120067.212041.500937.9400Note : The reference rate is based on 12 noon rates of a few select banks i