Debt Management

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 4,000 January 06, 2021 (Wednesday) January 07, 2021 (Thursday) 2 182 Days 7,000 3 364 Days 8,000 Total 19,000 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 N

(For the Quarter ending March 2021) After reviewing the cash position of the Central Government, the Reserve Bank of India, in consultation with Government of India has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending March 2021 as under: Notified amount for auction of T-Bills (January 01, 2021 – March 31, 2021) (₹ crore) Date of Auction Issue Date 91 Days 182 Days 364 Days Total 06-01-2021 07-01-2021 4,000 7,000 8,000 19,000 13-

The results of the auctions of 4.48% Government Stock, 2023 (Re-Issue), GOI FLOATING RATE BOND 2033 (Re-Issue), 6.22% Government Stock, 2035 (Re-Issue) and 6.67% Government Stock, 2050 (Re-Issue) held on January 01, 2021 are: Auction Results 4.48% Government Stock 2023 GOI FLOATING RATE BOND 2033 6.22% Government Stock 2035 6.67% Government Stock 2050 I. Notified Amount ₹ 6000 Crore ₹ 2000 Crore ₹ 9000 Crore ₹ 5000 Crore II. Underwriting Notified Amount ₹ 6000 Crore ₹

4.48% GS 2023 GOI FRB 2033 6.22% GS 2035 6.67% GS 2050 I. Notified Amount ₹6000 cr ₹2000 cr ₹9000 cr ₹5000 cr II. Cut off Price / Implicit Yield at cut-off 100.84/4.1601 100.36/4.5249 99.45/6.2783 101.72/6.5380 III. Amount accepted in the auction ₹6000 cr ₹2000 cr ₹9000 cr ₹5000 cr IV. Devolvement on Primary Dealers Nil Nil Nil Nil Ajit Prasad Director Press Release: 2020-2021/872

In terms of Government of India Notification F.No.4(10)-B(W&M)/2020 dated June 26, 2020 on Floating Rate Savings Bonds, 2020 (Taxable)- FRSB 2020 (T), the coupon/interest rate of the bond would be reset half yearly, starting with Jan 1st, 2021 and the coupon/interest rate will be set at a spread of (+) 35 bps over the prevailing NSC rate. 2. The coupon rate on FRSB 2020 (T) for period January 1, 2021 to June 30, 2021 and payable on July 1, 2021 remains at 7.15% (6

The following State Governments/ Union Territories have offered to sell securities by way of an auction, for an aggregate amount of ₹14,900 Cr. (Face Value). Sr. No. State/UT Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option(₹ Cr) Tenure(Yrs) Type of Auction 1. Andhra Pradesh 1000 - 18 Yield 1000 - 20 Yield 2. Assam 500 - 5 Yield 500 - 10 Yield 3. Goa 100 - 10 Yield 4. Gujarat 1000 500 9 Yield 5. UT of Jammu & Kashmir 500 - 15 Yield 6. Jharkhand 1

The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter January - March 2021, is expected to be ₹3,16,485.04 crore. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation and tentative amounts indicated by them is as under: Month Proposed Date Expected quantum

Government of India has announced the sale (issue/re-issue) of Government Stock detailed below through auctions to be held on January 01, 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 Amoun

Auction Results 91 Day 182 Day 364 Day I. Notified Amount ₹ 9000 Crore ₹ 3000 Crore ₹ 4000 Crore II. Underwriting Notified Amount ₹ 0 Crore ₹ 0 Crore ₹ 0 Crore III. Competitive Bids Received (i) Number 74 61 69 (ii) Amount ₹ 35481.08 Crore ₹ 17482.15 Crore ₹ 11325.18 Crore IV. Cut-off price / Yield 99.2382 98.3600 96.6673 (YTM: 3.079%) (YTM: 3.3439%) (YTM: 3.4571%) V. Competitive Bids Accepted (i) Number 27 14 30 (ii) Amount ₹ 8994.934 Crore ₹ 2987.719 Crore ₹ 3999.51

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹9,000 Crore ₹3,000 Crore ₹4,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.2382 (YTM: 3.0790%) 98.3600 (YTM: 3.3439%) 96.6673 (YTM: 3.4571%) IV. Total Face Value Accepted ₹9,000 Crore ₹3,000 Crore ₹4,000 Crore Ajit Prasad Director Press Release: 2020-2021/847