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 Day 12,000 August 19, 2020(Wednesday) August 20, 2020 (Thursday) 2 182 Day 13,000 3 364 Day 10,000 Total 35,000 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 Notifi

The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹10,550 Cr. (Face Value). Sr. No. State Amount to be raised (₹ Cr) Additional Borrowing (Green shoe) Option (₹ Cr) Tenure (Yrs) Type of Auction 1 Bihar 2000 - 3 Yield 2 Goa 100 - 10 Yield 3 Haryana 2000 - 19 Yield 4 Karnataka 1000 - 10 Yield 1000 - 12 Yield 5 Punjab 750 - Re-issue of 6.65% Punjab SDL 2050 issued on July 08, 2020 Price 6 Rajasthan 700 - 10 Y

The results of the auctions of 5.09% Government Stock, 2022 (Re-Issue), 5.77% Government Stock, 2030 (Re-Issue), GOI FLOATING RATE BOND 2033 (Re-Issue) and 7.19% Government Stock, 2060 (Re-Issue) held on August 14, 2020 are: Auction Results 5.09% Government Stock 2022 5.77% Government Stock 2030 GOI FLOATING RATE BOND 2033 7.19% Government Stock 2060 I. Notified Amount ₹ 3000 Crore ₹ 18000 Crore ₹ 4000 Crore ₹ 5000 Crore II. Underwriting Notified Amount ₹ 3000 Crore ₹

5.09% GS 2022 5.77% GS 2030 GoI FRB 2033 7.19% GS 2060 I. Notified Amount ₹ 3000 cr ₹ 18000 cr ₹ 4000 cr ₹ 5000 cr II. Cut off Price / Implicit Yield at cut-off 101.56/4.1022% 98.56/5.9634% 99.67/4.6354% 108.65/6.5745% III. Amount accepted in the auction ₹ 5000 cr* ₹ 13362.067 cr ₹ 4000 cr ₹ 7000 cr* IV. Devolvement on Primary Dealers Nil ₹ 4637.933 Nil Nil *Green Shoe option of ₹2000 cr. each has been exercised in 5.09% GS 2022 and 7.19% GS 2060 Ajit Prasad Director

The Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹28,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Notified Amount (FV) of Source Securities Destination Security August 17, 2020 7.80% GS 2021 (maturing on April 11, 2021) ₹2,000.00 crore 6.57% GS 2033 (maturing on December 05, 2033) 6.17% GS 2021 (maturing on July 15, 20

Government of India has announced the sale (issue/re-issue) of Government Stock detailed below through auctions to be held on August 14, 2020. As per revised 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 Mi

Auction Results 91 day 182 day 364 day I. Notified Amount ₹ 12000 Crore ₹ 13000 Crore ₹ 10000 Crore II. Underwriting Notified Amount ₹ 0 Crore ₹ 0 Crore ₹ 0 Crore III. Competitive Bids Received (i) Number 113 124 122 (ii) Amount ₹ 97921.25 Crore ₹ 51022 Crore ₹ 39360 Crore IV. Cut-off price / Yield 99.1916 98.3281 96.5917 (YTM: 3.2689%) (YTM: 3.41%) (YTM: 3.5383%) V. Competitive Bids Accepted (i) Number 10 28 35 (ii) Amount ₹ 11987.986 Crore ₹ 12989.935 Crore ₹ 9999.6

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹12,000 Crore ₹13,000 Crore ₹10,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1916 (YTM: 3.2689%) 98.3281 (YTM: 3.4100%) 96.5917 (YTM: 3.5383%) IV. Total Face Value Accepted ₹12,000 Crore ₹13,000 Crore ₹10,000 Crore Ajit Prasad Director Press Release : 2020-2021/173

The Results of the auctions of State Development Loans for 9 State Governments / Union Territories held on August 11, 2020. Table (₹ in crore) ANDHRA PRADESH 2024 ANDHRA PRADESH 2039 ANDHRA PRADESH 2040 CHHATTISGARH 2024 Notified Amount 1000 1000 1000 1300 Underwriting Notified Amount NIL NIL NIL NIL Tenure 4 19 20 4 Competitive Bids Received (i) No. 48 44 31 48 (ii) Amount 3505 3712.5 2875 4355 Cut-off Yield (%) 5.41 6.60 6.60 5.40 Competitive Bids Accepted (i) No. 1

Sr. No State/UT Notified amount (₹ Cr) Amount accepted (₹ Cr) Cut off yield/Price Tenor (Years) 1. Andhra Pradesh 1000 1000 5.41 4 1000 1000 6.60 19 1000 1000 6.60 20 2. Chhattisgarh 1300 1300 5.40 4 3. Gujarat1 1000 1500 6.44 9 4. Karnataka 1000 1000 6.48 10 1000 1000 6.49 11 5. Madhya Pradesh 1000 1000 6.61 15 6. Maharashtra2 1000 1000 6.44 8 1000 2000 6.49 11 7. Rajasthan 250 250 5.39 4 500 500 6.46 10 8. Tamil Nadu3 1000 1000 99.44/4.7471 Re-issue of 4.54% TNSDL 2