Debt Management

The Result of the auction of State Development Loans for 11 State Governments / Union Territories held on January 25, 2021. Table (₹ in crore) CHHATTISGARH 2027 GUJARAT 2031 HARYANA 2041 HIMACHAL PRADESH 2033 Notified Amount 1000 500 2000 500 Underwriting Notified Amount NIL NIL NIL NIL Tenure 6 10 20 12 Competitive Bids Received (i) No. 51 81 29 28 (ii) Amount 4510 2235 4820 1636 Cut-off Yield (%) 6.1 6.57 6.62 6.63 Competitive Bids Accepted (i) No. 12 24 2 5 (ii) Am

Sr. No. State / UT Notified amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Price / Yield (%) Tenure (Yrs) 1 Chhattisgarh 1,000 1,000 6.10 6 2 Gujarat 500 500 6.57 10 3 Haryana 2,000 2,000 6.62 20 4 Himachal Pradesh 500 500 6.63 10 500 500 6.63 12 5 Madhya Pradesh 1,000 1,000 99.82/6.6282 Re-issue of 6.61% Madhya Pradesh SDL 2037 issued on January 20, 2021 6 Puducherry 250 250 5.46 4 7 Rajasthan 500 500 5.39 4 500 500 6.61 10 500 500 6.62 20 8 Tamil Nadu 1,000 1,000 100.

In the underwriting auctions conducted on January 22, 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

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 27, 2021 (Wednesday) January 28, 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

The results of the auctions of 3.96% Government Stock, 2022 (Re-Issue), 5.15% Government Stock, 2025 (Re-Issue), 5.85% Government Stock, 2030 (Re-Issue) and 6.80% Government Stock, 2060 (Re-Issue) held on January 22, 2021 are: Auction Results 3.96% Government Stock 2022 5.15% Government Stock 2025 5.85% Government Stock 2030 6.80% Government Stock 20601 I. Notified Amount ₹ 2000 Crore ₹ 11000 Crore ₹ 8000 Crore ₹ 6000 Crore II. Underwriting Notified Amount ₹ 2000 Cror

3.96% GS 2022 5.15% GS 2025 5.85% GS 2030 6.80% GS 2060 I. Notified Amount ₹2000 cr ₹11000 cr ₹8000 cr ₹6000 cr II. Cut off Price / Implicit Yield at cut-off 99.76/4.0976 99.32/5.3107 NA 104.03/6.5147 III. Amount accepted in the auction ₹2000 cr ₹250.095 cr NIL ₹7920 cr1 IV. Devolvement on Primary Dealers Nil ₹10749.905 cr NIL Nil 1 Greenshoe amount of ₹1,920 crores has been accepted. Ajit Prasad Director Press Release: 2020-2021/985

The following State Governments/ Union Territories have offered to sell securities by way of an auction, for an aggregate amount of ₹16,000 Cr. (Face Value). Sr. No. State/ UT Amount to be Raised(₹ Cr) Additional Borrowing(Greenshoe) Option (₹ Cr) Tenure(Yrs) Type of Auction 1. Chhattisgarh 1000 - 6 Yield 2. Gujarat 500 - 10 Yield 3. Haryana 2000 - 20 Yield 4. Himachal Pradesh 500 - 10 Yield 500 - 12 Yield 5. Madhya Pradesh 1000 - Re-issue of 6.61% Madhya Pradesh SDL

Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on January 22, 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

Auction Results 91 day 182 day 364 day I. Notified Amount ₹ 4000 Crore ₹ 7000 Crore ₹ 8000 Crore II. Competitive Bids Received (i) Number 97 112 99 (ii) Amount ₹ 25719.16 Crore ₹ 19819.55 Crore ₹ 24105.05 Crore III. Cut-off price / Yield 99.1781 98.2650 96.5100 (YTM: 3.324%) (YTM: 3.541%) (YTM: 3.6261%) IV. Competitive Bids Accepted (i) Number 32 77 49 (ii) Amount ₹ 3998.525 Crore ₹ 6999.897 Crore ₹ 7999.554 Crore V. Partial Allotment Percentage of Competitive Bids 86

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 99.1781 (YTM: 3.3240%) 98.2650 (YTM: 3.5410%) 96.5100 (YTM: 3.6261%) IV. Total Face Value Accepted ₹4,000 Crore ₹7,000 Crore ₹8,000 Crore Ajit Prasad Director Press Release : 2020-2021/970