Debt Management

The results of the auctions of 5.63% Government Stock 2026 (Re-Issue), GoI FRB 2033 (Re-Issue), 6.64% Government Stock 2035 (Re-Issue) and 6.67% Government Stock 2050 (Re-issue) held on May 21, 2021 are: Auction Results 5.63% GS 2026 GoI FRB 2033 6.64% GS 2035 6.67% GS 2050 I. Notified Amount ₹ 11000 Crore ₹ 4000 Crore ₹ 10000 Crore ₹ 7000 Crore II. Underwriting Notified Amount ₹ 11000 Crore ₹ 4000 Crore ₹ 10000 Crore ₹ 7000 Crore III. Competitive Bids Received (i) Nu

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 May 25, 2021 (Tuesday) May 27, 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 Notificat

5.63% GS 2026* GOI FRB 2033** 6.64% GS 2035*** 6.67% GS 2050**** I. Notified Amount ₹11,000 cr ₹4,000 cr ₹10,000 cr ₹7,000 cr II. Cut off Price / Implicit Yield at cut-off 100.29/5.5597% 98.98/4.8779% 100.44/6.5910% 97.48/6.8698% III. Amount accepted in the auction ₹13,500 cr ₹4,430 cr ₹12,500 cr ₹7,380 cr IV. Devolvement on Primary Dealers Nil Nil Nil Nil * Greenshoe amount of ₹2500 crore has been accepted ** Greenshoe amount of ₹430 crore has been accepted *** Green

Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on May 21, 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

The following State Governments have offered to sell securities by way of auction, for an aggregate amount of ₹11,000 Cr. (Face Value). Sr. No. State Amount to be raised (₹ Cr) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Yrs) Type of Auction 1. Bihar 2000 - 6 Yield 2. Kerala 1000 - 10 Yield 500 - 12 Yield 3. Maharashtra 1500 500 10 Yield 1000 - 11 Yield 4. Rajasthan 500 - 5 Yield 1000 - 10 Yield 5. Sikkim 500 - 10 Yield 6. Tamil Nadu 1500 - 20 Yield 1500 -

A. I. SUMMARY – PURCHASE RESULTS Aggregate Amount (Face value) notified by RBI : ₹35,000 crore Total amount offered (Face value) by participants : ₹1,21,696 crore Total amount accepted (Face value) by RBI : ₹35,000 crore A. II. DETAILS OF PURCHASE ISSUE Security 6.18% GS 2024 7.59% GS 2026 6.79% GS 2027 7.17% GS 2028 5.85% GS 2030 7.95% GS 2032 6.22% GS 2035 No. of offers received 105 104 135 133 165 35 124 Total amount (face value) offered (₹ in crore) 21,497 17,621

Security 6.18% GS 2024 7.59% GS 2026 6.79% GS 2027 7.17% GS 2028 5.85% GS 2030 7.95% GS 2032 6.22% GS 2035 Total amount notified (₹ in crore) Aggregate amount of ₹35,000 crore (no security-wise notified amount) Total amount (face value) accepted by RBI (₹ in crore) 2,980 6,593 5,143 6,697 8,345 NIL 5,242 Cut off yield (%) 5.0145 5.7022 6.0140 6.1906 5.9526 N.A 6.5827 Cut off price (₹) 103.65 107.59 103.85 105.25 99.26 N.A 96.73 Detailed results will be issued shortly.

Auction Results 91 days 182 days 364 days I. Notified Amount ₹15000 Crore ₹15000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number (ii) Amount 99 ₹46170.109 Crore 146 ₹43108 Crore 99 ₹25517 Crore III. Cut-off price / Yield 99.1647 (YTM: 3.3786%) 98.2462 (YTM: 3.5800%) 96.4167 (YTM: 3.7267%) IV. Competitive Bids Accepted (i) Number (ii) Amount 40 ₹14998.192 Crore 70 ₹14999.679 Crore 35 ₹5999.807 Crore V. Partial Allotment Percentage of Competitive Bids 6.12% (

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 99.1647 (YTM: 3.3786%) 98.2462 (YTM: 3.5800%) 96.4167 (YTM: 3.7267%) IV. Total Face Value Accepted ₹15,000 Crore ₹15,000 Crore ₹6,000 Crore Ajit Prasad Director Press Release: 2021-2022/230

The Result of the auction of State Development Loans for Five State Governments held on May 18, 2021. Table (₹ in crore) ANDHRA PRADESH 2036 ANDHRA PRADESH 2035 HARYANA 2032 MAHARASHTRA 2032* Notified Amount 1000 1000 1500 1000 Underwriting Notified Amount NIL NIL NIL NIL Tenure 15 14 11 11 Competitive Bids Received (i) No. 89 81 145 217 (ii) Amount 4832.5 4550.4 8612 8545 Cut-off Yield (%) 6.96 6.96 6.84 6.83 Competitive Bids Accepted (i) No. 37 38 24 34 (ii) Amount