The result of the RBI Reverse Repo auction held on September 2, 2011 are:

The Reserve Bank of India will shortly issue `20/- denomination Banknotes with inset letter "F" in both numbering panels in Mahatma Gandhi Series 2005 bearing the signature of Dr. D. Subbarao, Governor, Reserve Bank of India. Except for the change in the inset letter, the design of these notes to be issued now is similar in all respects to the Banknotes in Mahatma Gandhi Series 2005 with additional security features. All Banknotes in the denomination of `20/- issued by the Reserve Bank of India in the past will continue to be legal tender.

The Reserve Bank of India has announced the auction of 364-day Government of India Treasury Bills for notified amount of ` 3,000 crore. The auction will be conducted on September 7, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W & M/97 dated 31st March, 1998 issued by Government of India and as amended from time to time.

The Reserve Bank of India has announced the auction of 91-day Government of India Treasury Bills for notified amount of ` 7,000 crore. The auction will be conducted on September 7, 2011 using "Multiple Price Auction" method. The allocation to the non-competitive bidders will be outside the notified amount at the discretion of the Bank. The sale will be subject to the terms and conditions specified in the General Notification No. F.2 (12)-W & M/97 dated 31st March, 1998 issued by Government of India and as amended from time to time.

The following five State Governments have announced the sale of their 10-year State Development Loans (SDLs) for an aggregate amount of ` 4450.000 crore (face value) through yield based auction using multiple price auction method.