1996-97

I. Conventional Market Borrowing

												(Rs. crore)
Date of			Maturity		Bids Received			Bids Accepted
		Notified Amount									Subscrip- tion	Subscrip- tion	Cut-off yield/
Auction	Issue		Period	Year	Number		Value	Number		Value	by	by RBI	coupon
			(in Years)								Primary		rate
											Dealers		(per cent)
(1)	(2)	(3)	(4)	(5)	(6)		(7)	(8)		(9)	(10)	(11)	(12)
May 24	May 25	2,000.00	5	2001	147		1,947.44	106		1,341.19	26.35	632.46	13.75
June 6	June 7	2,000.00	3	1999	142		1,931.36	107		1,582.86	20.86	396.29	13.70
Feb. 20	Feb 21	1,000.00	10	2007	173		2,914.82	75		1,000.00	-	-	13.65

II. Other Medium and Long Term Borrowing

A.  Funding Operations
			Amount			Maturity
Type of Bills/Security		Date of Conversion			Col.4 over Col. 3			Coupon Rate(1)	Value of New
			Eligible	Offered	(Per cent)	Period	Year	(Per cent)	Security
			for	for		(in Years)			Issued
			Conversion	Conversion
(1)		(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)
Dated Security		Apr. 18	6,945.83	2,911.05	41.91	2	1998	13.50	2,911.05
(12.75% Govt. Stock 1996)

B.  Other Issues
								Bids/Applications			Bids/Applications
Date of			Notified		Maturity			Received			Accepted
		Amount
															Subscrip- tion	Subscrip- tion	Implicit Yield at Cut-off Price/
Auction	Issue			Period			Year	Number		Value	Number		Value		by	by RBI	Coupon
				(in Years)											Primary		Rate
															Dealers		(per cent)
(1)	(2)	(3)		(4)			(5)	(6)		(7)	(8)		(9)		(10)	(11)	(12)
13.85% Government Stock 2006 for which the payment is made in instalments(2)
-	June 24	5,000.00		10			2006	104		5,000.00	104		5,000.00		-	-	13.85	(1)
Zero Coupon Bonds, 2000 (Third Series)
July 12	July 13	3,000.00		4			2000	180		3,272.91	168		3,000.00	(3)	-	-	13.72
13.62% Govt. Stock 1998
July 30	July 31	2,000.00		2			1998	181		2,351.42	165		2,000.00		-	-	13.62
13.85% Govt. Stock 2006
-	Aug.26	2,000.00		10			2006	68		968.38	68		968.38		107.29	924.33	13.85	(1)
13.82% Govt. Stock 2002
Sept. 17	Sept 18	2,000.00		6			2002	82		1,611.10	43		1,026.10		101.29	872.61	13.82
Zero Coupon Bonds, 2000 (Third Series) II issue
-	Oct 07	2,000.00		(4)			2000	45		1,493.01	45		1,493.01		52.73	454.26	13.72	(1)
13.55% Govt. Stock 2001
Nov. 26	Nov 27	2,000.00		5			2001	145		2,327.87	67		1,533.65		48.50	417.85	13.55
13.40% Govt. Stock 1999
Dec. 23	Dec 24	2,000.00		3			1999	160		3,415.53	97		2,000.00		-	-	13.40

1997-98

I. Conventional Market Borrowing

												(Rs. crore)
Date of		Notified	Maturity		Bids Received			Bids Accepted
		Amount
Auction	Issue		Period	Year	Number		Value	Number		Value	Subscrip- tion by	Subscrip- tion by RBI	Cut-off yield/ coupon
			(in Years)								Primary		rate
											Dealers		(per cent)
(1)	(2)	(3)	(4)	(5)	(6)		(7)	(8)		(9)	(10)	(11)	(12)
May 9	May  10	3,000.00	5	2002	187		3,766.63	98		2,013.03	102.65	884.33	12.69

II. Other Medium and Long Term Borrowing

												(Rs. crore)
Date of			Maturity		Bids Received			Bids Accepted
		Notified Amount									Subscrip- tion	Subscrip- tion	Cut-off yield/
Auction	Issue		Period	Year	Number		Value	Number		Value	by	by RBI	coupon
			(in Years)								Primary		rate
											Dealers		(per cent)
(1)	(2)	(3)	(4)	(5)	(6)		(7)	(8)		(9)	(10)	(11)	(12)
Apr.  21	Apr. 22	3,000.00	10	2007	293		8,114.03	51		3,000.00	-	-	13.05
-	Apr. 23	5,000.00	10	2007	-		-	-		-	-	5,000.00	13.05	(5)
May  28	May29	3,000.00	3	2000	172		5,744.52	36		3,000.00	-	-	12.14
Jun.  17	Jun. 18	2,000.00	7	2004	310		5,450.06	54		2,000.00	-	-	12.59
-	Jun. 25	-	7	2004	91		4,685.86	91		4,685.86	-	-	12.59	(6)
Jul.  16	Jul. 17	3,000.00	6	2003	534		13,044.62	33		3,000.00	-	-	11.83
Jul.  28	Jul. 29	5,000.00	4	2001	534		11,307.82	247		5,000.00	-	-	10.85
Aug. 11	Aug. 12	3,000.00	8	2005	466		9,844.34	87		3,000.00	-	-	11.19
Aug. 31	Sep. 1	5,000.00	5	2002	183		2,833.77	127		2,056.72	1,800.00	1,143.28	11.15
-	Dec. 29	-	5	2002						704.52			6.00	(7)

1998-99

I. Medium and Long Term Borrowing

																	(Rs. crore)
Date of								Maturity		Bids Received			Bids Accepted
							Notified									Subscrip- tion	Subscrip- tion	Implicit yield at cut-off
Auction				Issue			Amount	Period	Year	Number		Value	Number		Value	by	by RBI	Price/coupon
								(in Years)								Primary		rate
																Dealers		(per cent)
(1)				(2)			(3)	(4)	(5)	(6)		(7)	(8)		(9)	(10)	(11)	(12)
Apr.	6		Apr.		7		4,000.00	5	2003	285		6,617.50	190		4,000.00	-	-	11.10
Apr.	15		Apr.		16		4,000.00	8	2006	215		4,892.76	68		1,645.60	2,354.40	-	11.75
			Apr.		24		5,000.00	8	2006	-		-	-		-	-	5,000.00	11.75	(5)
Apr.	30		May		2		4,000.00	10	2008	138		5,278.35	93		4,000.00	-	-	12.00
May	8		May		9		4,000.00	6	2004	205		5,374.45	178		4,000.00	-	-	11.50
May	27		May		28		4,000.00	9	2007	130		3,312.00	1		0.50	-	3,999.50	11.90
			Jun.		4		5,000.00	10	2008	-		-	-		-	-	5,000.00	12.00	(5)
			Jun.		19		-	6	2004	28		1,645.57	28		1,645.57	-	-	11.75	(8)
			Jun.		19		-	10	2008	59		3,384.74	59		3,384.74	-	-	12.10	(8)
Jul.	1		Jul.		2		2,500.00	3	2001	112		1,965.00	102		1,688.00	-	812.00	11.55
Jul.	1		Jul.		2		2,000.00	5	2003	63		1,193.69	48		1,039.69	-	960.31	11.75
Jul.	1		Jul.		2		1,000.00	12	2010	49		1,414.00	16		1,000.00	-	-	12.25
			Jul.		17		-	3	2001	79		2,898.72	79		2,898.72	-	-	11.55	(8)
Jul.	23		Jul.		24		2,500.00	6	2004	82		1,611.50	51		1,037.50	-	1,462.50	11.95
Jul.	23		Jul.		24		1,500.00	10	2008	70		1,850.31	51		1,500.00	-	-	12.22
Aug	5		Aug.		6		2,500.00	4	2002	196		7,711.60	14		2,500.00	-	-	11.68