Debt Management

Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on June 3, 2021. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under: (₹ in crore) Security Notified Amount Minimum

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹15,000 Crore ₹15,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1564(YTM: 3.4125%) 98.2131 (YTM: 3.6488%) 96.4019 (YTM: 3.7426%) IV. Total Face Value Accepted ₹15,000 Crore ₹15,000 Crore ₹6,000 Crore Ajit Prasad Director Press Release: 2021-2022/300

The Result of the auction of State Development Loans for 11 State Governments held on June 01, 2021. Table (₹ in crore) ANDHRA PRADESH 2041 ANDHRA PRADESH 2040 BIHAR 2027 HARYANA 2033 Notified Amount 1000 1000 2000 2000 Underwriting Notified Amount NIL NIL NIL NIL Tenure 20 19 6 12 Competitive Bids Received (i) No. 56 62 96 125 (ii) Amount 3768 3993 9505 4430.5 Cut-off Yield (%) 7.04 7.04 6.45 6.95 Competitive Bids Accepted (i) No. 14 18 17 74 (ii) Amount 994.998 994.

Sr. No. State/ UT Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price (₹) / Yield (%) Tenure (Yrs) 1. Andhra Pradesh 1000 1000 7.04 19 1000 1000 7.04 20 2. Bihar 2000 2000 6.45 6 3. Haryana 2000 2000 6.95 12 4. Jammu & Kashmir 800 800 7.04 15 5. Kerala 1000 1000 6.96 13 6. Maharashtra * 1500 2000 6.81 10 1000 1000 6.86 11 7. Nagaland 250 250 6.85 10 8. Rajasthan ** 1000 1000 6.84 10 500 500 7.05 20 500 - NA Re-issue of 7.03% Rajasthan SDL 2030 issued on Fe

In the underwriting auctions conducted on May 28, 2021 for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below: (₹ crore) Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate (

In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated May 12, 2021, the Sovereign Gold Bond Scheme 2021-22 - Series III will be open for subscription for the period from May 31, 2021 to June 04, 2021. The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three working days of the week preceding the subscription period,

The Government of India (GOI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹32,000 crore as per the following details: SN Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 5.63% GS 2026 April 12, 2026 11,000 F.No.4(3)-B(W&M)/2021 dated May 28, 2021 June 03, 2021 (Thursday) June 04, 2021 (Friday) 2 GoI FRB 2033 * September 22, 2033 4,000 3 6.64% GS 2035 June 16, 2035

The Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No Treasury Bill Notified Amount(in ₹ crore) Auction Date Settlement Date 1 91 Days 15,000 June 02, 2021 (Wednesday) June 03, 2021 (Thursday) 2 182 Days 15,000 3 364 Days 6,000 Total 36,000 The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment No

The results of the auctions of 4.26% GS 2023 (Re-issue), 5.85% Government Stock 2030 (Re-Issue), 6.76% Government Stock 2061 (Re-Issue) held on May 28, 2021 are: Auction Results 4.26% GS 2023* 5.85% GS 2030 6.76% GS 2061 I. Notified Amount ₹ 3000 Crore ₹ 14000 Crore ₹ 9000 Crore II. Underwriting Notified Amount ₹ 3000 Crore ₹ 14000 Crore ₹ 9000 Crore III. Competitive Bids Received (i) Number 99 286 186 (ii) Amount ₹ 10808 Crore ₹ 32035 Crore ₹ 22447 Crore IV. Cut-off

4.26% GS 2023* 5.85% GS 2030 6.76% GS 2061 I. Notified Amount ₹3,000 cr ₹14,000 cr ₹9,000 cr II. Cut off Price / Implicit Yield at cut-off 99.98/4.2699% 98.97/5.9937 97.70/6.9297% III. Amount accepted in the auction ₹3,550 cr ₹6,563.542 cr ₹9,000 cr IV. Devolvement on Primary Dealers Nil ₹7,436.458 cr Nil * Greenshoe of ₹550 crore has been accepted Ajit Prasad Director Press Release: 2021-2022/280