Debt Management

The following State Governments have offered to sell securities by way of an auction, for an aggregate amount of ₹19,550 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 - 19 Yield 1000 - 20 Yield 2. Bihar 2000 - 6 Yield 3. Haryana 2000 500 12 Yield 4. Jammu & Kashmir 800 - 15 Yield 5. Kerala 1000 - 13 Yield 6. Maharashtra 1500 500 10 Yield 1000 - 11 Yi

Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on May 28, 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

In terms of GOI notification [F.No.4(19)-W&M/2014] and Reserve Bank of India (RBI) circular IDMD.CDD.No.939/14.04.050/2015-16, dated October 30, 2015 the redemption price of Sovereign Gold Bond (SGB) is based on the simple average closing gold price of 999 purity [published by the India Bullion and Jewellers Association Ltd (IBJA)] of the week (Monday-Friday) preceding the date of redemption. Accordingly, the redemption price for the early redemption due on May 30

Auction Results 91 day 182 day 364 day I. Notified Amount ₹ 15000 Crore ₹ 15000 Crore ₹ 6000 Crore II. Competitive Bids Received (i) Number 73 123 70 (ii) Amount ₹ 30699.25 Crore ₹ 33543 Crore ₹ 24355 Crore III. Cut-off price / Yield 99.1595 98.2368 96.4183 (YTM: 3.3998%) (YTM: 3.5996%) (YTM: 3.725%) IV. Competitive Bids Accepted (i) Number 45 63 15 (ii) Amount ₹ 14998.441 Crore ₹ 14999.91 Crore ₹ 5999.923 Crore V. Partial Allotment Percentage of Competitive Bids 81.7

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 99.1595 (YTM: 3.3998%) 98.2368 (YTM: 3.5996%) 96.4183 (YTM: 3.7250%) IV. Total Face Value Accepted ₹15,000 Crore ₹15,000 Crore ₹6,000 Crore Ajit Prasad Director Press Release: 2021-2022/268

The Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹26,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement Date 1 4.26% GS 2023 May 17, 2023 3,000 F.No.4(3)-B(W&M)/2021 dated May 24, 2021 May 28, 2021 (Friday) May 31, 2021 (Monday) 2 5.85% GS 2030 Dec 01, 2030 14,000 3 6.76% GS 2061 Feb. 22, 2061 9,000 &nb

The Result of the auction of State Development Loans for Six State Governments held on May 24, 2021. Table (₹ in crore) BIHAR 2027 KERALA 2033 KERALA 2031 MAHARASHTRA 2031 * Notified Amount 2000 500 1000 1500 Underwriting Notified Amount NIL NIL NIL NIL Tenure 6 12 10 10 Competitive Bids Received (i) No. 109 91 107 170 (ii) Amount 12490 3542 5840 7715 Cut-off Yield (%) 6.39 6.84 6.78 6.78 Competitive Bids Accepted (i) No. 2 12 39 81 (ii) Amount 1970 484.5 905.5 1816.3

Sr. No. State Notified Amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Yield (%) Tenure (Yrs) 1. Bihar 2000 2000 6.39 6 2. Kerala 1000 1000 6.78 10 500 500 6.84 12 3. Maharashtra * 1500 2000 6.78 10 1000 1000 6.83 11 4. Rajasthan 500 500 6.10 5 1000 1000 6.76 10 5. Sikkim 500 500 6.78 10 6. Tamil Nadu 1500 1500 6.99 20 1500 1500 6.97 25 Total 11000 11500 * Maharashtra has accepted an additional amount of ₹500 crore in the 10 year Security. Ajit Prasad Director Press Rele

In the underwriting auctions conducted on May 21, 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 II will be open for subscription for the period from May 24, 2021 to May 28, 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 business days of the week preceding the subscription period,