Research and Publications

(` Billion) Date Repo period (Day (s)) Repo (Injection) Reverse Repo (Absorption) Net inje ction (+)/ Abso rption (-) of Liqu idity (5-10) MSF Out standing Amount Bids Received Bids Accepted Cut-off Rate (%) Bids Received Bids Accepted Cut- off Rate (%) Num ber Amount Num ber Amount Num ber Amo unt Num ber Amo unt 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Apr. 23, 2012 1 46 942.50 46 942.50 8.00 1 0.15 1 0.15 7.00 942.35 3.50 –945.85 Apr. 24, 2012 1 59 1,111.90 59 1,111.90 8.0

(` Billion) Date Repo period (Day(s)) Repo (Injection) Reverse Repo (Absorption) Net inje ction (+)/ Absorption (-) of Liqui dity (5-10) MSF Out-standing Amount Bids Received Bids Accepted Cut-off Rate (%) Bids Received Bids Accepted Cut-off Rate (%) Num ber Amo unt Num ber Amo unt Num ber Amo unt Num ber Amo unt 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Apr. 16, 2012 1 40 791.00 40 791.00 8.50 — — — — — 791.00 — –791.00 Apr. 17, 2012 1 40 802.00 40 802.00 8.50 — — — — — 802.0

(` Billion) Date Repo period (Day(s)) Repo (Injection) Reverse Repo (Absorption) Net injection (+)/ Absorption (-) of Liquidity (5-10) MSF Out-standing Amount Bids Received Bids Accepted Cut-off Rate (%) Bids Received Bids Accepted Cut-off Rate (%) Num ber Amo unt Num ber Amo unt Num ber Amo unt Num ber Amo unt 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Apr. 9, 2012 1 46 1,065.85 46 1,065.85 8.50 1 0.10 1 0.10 7.50 1,065.75 — –1,065.75 Apr. 10, 2012 1 43 909.05 43 909.05 8.50 —

(` Billion) Date Repo period (Day (s)) Repo (Injection) Reverse Repo (Absorption) Net inje ction (+)/ Absor ption (-) of Liqui dity (5-10) MSF Outst anding Amount Bids Received Bids Accepted Cut- off Rate (%) Bids Received Bids Accepted Cut- off Rate (%) Num ber Amount Num ber Amount Num ber Amo unt Num ber Amo unt 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Mar. 31, 2012~ 3 5 19.55 5 19.55 8.50 23 355.85 23 355.85 7.50 –336.30 — –1,691.55 Apr. 3, 2012 1 61 1,380.85 61 1,380.85

(` Billion) Date Repo period (Day (s)) Repo (Injection) Reverse Repo (Absorption) Net inje ction (+)/ Abso rption(-) of Liqu idity (5- 10) MSF Outstan ding Amount Bids Received Bids Accepted Cut- off Rate (%) Bids Received Bids Accepted Cut- off Rate (%) Num ber Amount Num ber Am ount Num ber Amo unt Num ber Am ount 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Mar. 26, 2012 1 78 1,956.35 78 1,956.35 8.50 — — — — — 1,956.35 3.00 –1,959.35 Mar. 27, 2012 1 71 1,783.45 71 1,783.45 8.

(` Billion) Date Repo period (Day (s)) Repo (Injection) Reverse Repo (Absorption) Net inje ction (+)/ Abso rption(-) of Liqu idity (5-10) MSF Outstan ding Amount Bids Received Bids Accepted Cut- off Rate (%) Bids Received Bids Accepted Cut- off Rate (%) Num ber Amount Num ber Amount Num ber Amo unt Num ber Amo unt 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Mar. 19, 2012 1 65 1,601.75 65 1,601.75 8.50 3 14.05 3 14.05 7.50 1,587.70 — –1,587.70 Mar. 20, 2012 1 68 1,499.70 68 1,499

(` Billion) Date Repo period (Day(s)) Repo (Injection) Reverse Repo (Absorption) Net injection (+)/ Absor ption(-) of Liquidity (5-10) MSF Out-stan ding Amount Bids Received Bids Accepted Cut-off Rate (%) Bids Received Bids Accepted Cut-off Rate (%) Num ber Amo unt Num ber Amo unt Num ber Amo unt Num ber Amo unt 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Mar. 12, 2012 1 52 1,314.00 52 1,314.00 8.50 2 15.05 2 15.05 7.50 1,298.95 — –1,298.95 Mar. 13, 2012 1 50 1,230.90 50 1,230.9

(` Billion) Date Repo period (Day(s)) Repo (Injection) Reverse Repo (Absorption) Net injection (+)/ Absor ption(-) of Liquidity (5-10) MSF Out-standing Amount Bids Received Bids Accepted Cut-off Rate (%) Bids Received Bids Accepted Cut-off Rate (%) Num ber Amo unt Num ber Amo unt Num ber Amo unt Num ber Amo unt 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Mar. 5, 2012 1 48 1,113.00 48 1,113.00 8.50 7 79.00 7 79.00 7.50 1,034.00 — –1,034.00 Mar. 6, 2012 1 44 874.20 44 874.20 8.50

(` Billion) Date Repo period (Day (s)) Repo (Injection) Reverse Repo (Absorption) Net injection (+)/ Absor ption (-) of Liquidity (5-10) MSF Out-standing Amount Bids Received Bids Accepted Cut- off Rate (%) Bids Received Bids Accepted Cut- off Rate( %) Num ber Amount Num ber Amount Num ber Amo unt Num ber Amo unt 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Feb. 27, 2012 1 66 1,794.00 66 1,794.00 8.50 — — — — — 1,794.00 — –1,794.00 Feb. 28, 2012 1 70 1,806.45 70 1,806.45 8.50 — —

(` Billion) Date Repo period (Day(s)) Repo (Injection) Reverse Repo (Absorption) Net injection (+)/ Absorption (-) of Liquidity (5-10) MSF Out-standing Amount Bids Received Bids Accepted Cut- off Rate (%) Bids Received Bids Accepted Cut- off Rate (%) Num ber Amo unt Num ber Amo unt Num ber Amo unt Num ber Amo unt 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Feb. 21, 2012 1 53 1,304.05 53 1,304.05 8.50 1 1.00 1 1.00 7.50 1,303.05 — –1,303.05 Feb. 22, 2012 1 57 1,409.50 57 1,409.50