The results of the auction of 9.81 per cent Government Stock, 2013 held on August 8, 2001 are : Auction Results I.Notified amount: Rs.4000.00 crore II.Bids received (i) Number:159 (ii) Amount:Rs.4427.00 crore III.Cut-off price :Rs.101.95 (YTM) (9.5275%) IV.Bids accepted (i) Number:98 (ii) Amount:Rs.2586.00 crore V.Partial Allotment Percentage:NA VI.Devolvement on Primary Dealers:Rs.735.00 crore (in fulfillment of underwriting commitment) VII.Devolvement on RBI:Rs.679.

The results of the auction of 18 year Government Stock Auction held on August 8, 2001 are : Auction Results I.Notified amount: Rs.2000.00 crore II.Bids received (i) Number:133 (ii) Amount:Rs.4320.794 crore III.Cut-off Yield:10.03 per cent (Coupon Rate) IV.Bids accepted (i) Number:65 (ii) Amount:Rs.2000.00 crore V.Partial Allotment Percentage:12.52 (10 Bids) VI.Devolvement on Primary Dealers:Nil (in fulfillment of underwriting commitment) VII.Devolvement on RBI:Nil VII

Date of Auction :August 8, 2001I.Notified amount: Rs.750.00 crore II.Bids received (a) Competitive bids Number:43 Amount:Rs.1646.55 crore (b) Non-competitive bids Number:0 Amount:Nil III.Cut-off price:Rs.93.22 IV.Competitive bids accepted Number:14 Amount:Rs.750.00 crore V.Partial Allotment Percentage:46.65 (6 bids) 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:93.2

Date of Auction :August 8, 2001I.Notified amount: Rs.250.00 crore II.Bids received (a) Competitive bids Number:21 Amount:Rs.615.00 crore (b) Non-competitive bids Number:1 Amount:Rs.100.00 crore III.Cut-off price:Rs.98.29 IV.Competitive bids accepted Number:7 Amount:Rs.250.00 crore V.Partial Allotment Percentage:85.00 (3 bids) VI .Devolvement on RBI:Nil VII.Non-competitive bids accepted (a) Number:1 Amount:Rs.100.00 crore (b)Partial Allotment Percentage:N.A.P.V. Sadana

--------------------------------------------------------------------------- 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

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

--------------------------------------------------------------------------- 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

Government of India have announced sale (re-issue) by auction of "9.81 percent Government Stock, 2013" for an aggregate amount of Rs 4,000 crore (nominal). The auction will be price based and will be conducted by the Reserve Bank of India (RBI) at Mumbai on Wednesday, August 8, 2001. Bids in the prescribed form obtainable from the Regional Director, RBI, Public Debt Office, Fort, Mumbai should be submitted to that Office on August 8, 2001, during the banking hours. On