Research and Publications

(Amount in Rs. crore) For the Week Ended Dec. 5, 2003For the Week Ended Dec. 12, 2003Item AmountYTM (%PA) Indicative**AmountYTM (%PA) Indicative** MinimumMaximum MinimumMaximum1 23456 7I.Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 2003-04754.27444.3300904.26084.3662 2004-051— —1 — — 2005-069414.50714.60682804.47284.5249 2006-071104.60814.6463814.55164.5925 2007-08974.73484.89521804.69094.9643 2008-098924.81825.21777154.77445.1739 2009-

Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001A.P.(DIR Series) Circular No. 53 December 17, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs Purchase/Sale of Shares and/or Convertible Debentures by SEBI registered Foreign Institutional Investors (FIIs) under Portfolio Investment Scheme (PIS)Attention of Authorised Dealers is invited to Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside I

Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001A.P.(DIR Series) Circular No.52December 17, 2003To All Authorised Dealers in Foreign Exchange Madam/Sirs,Delhi High Court Order in Civil Writ Petition No.460 of 2003 – World Cup 2003 – Remittance of Foreign ExchangeAttention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.74 dated January 24, 2003, directing them not to release any foreign exchange to Pepsi Foods Limited,

Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001A.P. (DIR Series) Circular No.49 December 15, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Advance Remittance for Imports Attention of Authorised Dealers is invited to paragraph 2 of A.P. (DIR Series) Circular No.15 dated September 17, 2003 regarding advance remittance for imports. 2. It is clarified that a Public Sector Company or a Department/Undertaking of the Central/Sta

Reserve Bank of India Exchange Control Department Central Office Mumbai - 400 001A.P.(DIR Series) Circular No.50 December 15, 2003ToAll Authorised Dealers in Foreign ExchangeMadam / Sirs,Exim Bank's Line of Credit of USD 200 million to seven Iranian Banks The Export-Import Bank of India (Exim Bank) has concluded an agreement with seven Iranian banks designated by Bank Markazi Jomhouri Islami Iran, viz Bank Mellat, Bank Melli Iran, Bank Saderat Iran, Bank Sepah, Bank T

Reserve Bank of India Exchange Control Department Central Office Mumbai – 400 001A.P. (DIR Series) Circular No.51 December 15, 2003ToAll Authorised Dealers in Foreign Exchange Madam / Sirs,Foreign Exchange Management (Insurance) Regulations, 2000 – Life Insurance Memorandum (LIM)Attention of Authorised Dealers is invited to A.P.(DIR Series) Circular No.72 dated January 17, 2003 enclosing the Memorandum of Exchange Control Regulations relating to Life Insurance in Indi

Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001.A.P. (DIR Series) Circular No.48 December 15, 2003ToAll Authorised Dealers in Foreign ExchangeMadam/Sirs,Deferred Payments Protocols dated 30th April 1981 and 23rd December 1985 between the Government of India and erstwhile USSR Attention of Authorised Dealers is invited to AP (DIR Series) Circular No.16 dated September 20, 2003 wherein the rupee value of the special currency basket effect

(Amount in Rs. crore) For the Week Ended Nov. 28, 2003For the Week Ended Dec. 5, 2003Item AmountYTM (%PA) Indicative**AmountYTM (%PA) Indicative** MinimumMaximum MinimumMaximum1 23456 7 I.Outright Transactions 1.Govt. of India Dated Securities Maturing in the year 2003-04904.29644.5258754.27444.3300 2004-052354.45984.51831 — — 2005-065924.55224.59929414.50714.6068 2006-071054.65454.87161104.60814.6463 2007-08254.77694.8382974.73484.8952 2008-094574.82745.12318924.8182

Government of India Ministry of Finance and Company Affairs (Department of Economic Affairs) New Delhi, the ,2003NOTIFICATIONSale of Government of India Treasury Bills by AuctionNo.2(1)-W&M/2001: The Government of India hereby makes the following amendment to the Ministry of Finance Notification F. No.2(12)-W&M/97 dated 31st March, 1998 relating to the sale of Government of India Treasury Bills by auction:-In the paragraph 4(ii) the application form (Annexure