Debt Management

In the underwriting auctions conducted on February 5, 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 ra

The following State Governments have offered to sell securities by way of auction, for an aggregate amount of ₹ 16,950 Cr. (Face Value). Sr. No. State Amount to be raised(₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Yrs) Type of Auction 1. Assam 500 - 5 Yield 500 - 10 Yield 2. Haryana 2000 500 20 Yield 3. Madhya Pradesh 3000 - Re-issue of 6.61% Madhya Pradesh SDL 2037 issued on January 20, 2021 Price 4. Mizoram 50 - 12 Yield 5. Punjab 900 - 10 Yield 6.

Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on February 5, 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 Mini

Government of India (GOI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹31,000 crore as per the following details: Sr No Security Date of repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 3.96% GS 2022 November 09, 2022 2,000 1.F.No.4(5)-B(W&M)/ 2020 dated February 01, 2021 2.Corrigendum F.No.4(5)-B(W&M) /2020 dated February 03, 2021 February 05, 2021 (Friday) February 08, 2021 (

Auction Results 91 day 182 day 364 day I. Notified Amount ₹ 4000 Crore ₹ 7000 Crore ₹ 8000 Crore II. Competitive Bids Received (i) Number 87 106 90 (ii) Amount ₹ 20606 Crore ₹ 23447.35 Crore ₹ 24138 Crore III. Cut-off price / Yield 99.1668 98.2414 96.41 (YTM: 3.37%) (YTM: 3.59%) (YTM: 3.7339%) IV. Competitive Bids Accepted (i) Number 24 24 20 (ii) Amount ₹ 3991.275 Crore ₹ 6999.866 Crore ₹ 7999.89 Crore V. Partial Allotment Percentage of Competitive Bids 79.06% 36.61%

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹4,000 Crore ₹7,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 99.1668 (YTM: 3.3700%) 98.2414 (YTM: 3.5900%) 96.4100 (YTM: 3.7339%) IV. Total Face Value Accepted ₹4,000 Crore ₹7,000 Crore ₹8,000 Crore Ajit Prasad Director Press Release: 2020-2021/1037

The Result of the auction of State Development Loans for 14 State Governments / Union Territories held on February 02, 2021. Table (₹ in crore) ANDHRA PRADESH 2037 ANDHRA PRADESH 2032 ANDHRA PRADESH 2035 ASSAM 20261 Notified Amount 1000 332 1000 500 Underwriting Notified Amount NIL NIL NIL NIL Tenure 16 11 14 5 Competitive Bids Received (i) No. 37 27 47 16 (ii) Amount 3483 1042 3356 1060 Cut-off Yield (%) 6.87 6.9 6.89 - Competitive Bids Accepted (i) No. 5 12 11 - (ii

Sr. No. State/ UT Notified amount(₹ Cr) Amount Accepted (₹ Cr) Cut off Price / Yield (%) Tenure (Yrs) 1. Andhra Pradesh 332 332 6.90 11 1000 1000 6.89 14 1000 1000 6.87 16 2. Assam1 500 - N.A. 5 500 - N.A. 10 3. Bihar 1993 1993 6.89 7 4. Goa 100 100 6.85 10 5. Jammu & Kashmir 700 700 6.99 10 6. Kerala 1000 1000 4.85 2 1000 1000 5.18 3 7. Madhya Pradesh 2000 2000 96.41/6.9863 Re-issue of 6.61% Madhya Pradesh SDL 2037 issued on January 20, 2021 8. Manipur 152 152 6.

Government of India (GOI) has announced the sale (re-issue) of four dated securities for a notified amount of ₹31,000 crore as per the following details: Sr No Security Date of repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement date 1 3.96% GS 2022 November 09, 2022 2,000 F.No.4(5) W&M/2020 dated February 01, 2021 February 05, 2021 (Friday) February 08, 2021 (Monday) 2 5.15% GS 2025 November 09, 2025 11,000 3 5.85% GS 2030 Decemb

Based on revised estimate of gross market borrowing announced in Union Budget 2021-22, Government of India in consultation with the Reserve Bank of India, has decided to modify the indicative calendar for issuance of Government dated securities for the remaining part of the second half of the fiscal 2020-21 (February 01 – March 31, 2021). The revised issuance calendar is as under: Calendar for Issuance of Government of India Dated Securities (February 01, 2021 to Marc