Debt Management

Government of India has announced the sale (issue/re-issue) of Government Stock detailed below through auctions to be held on January 15, 2021. As per 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 Mi

Auction Results 91 Day 182 Day 364 Day I. Notified Amount ₹4000 Crore ₹7000 Crore ₹8000 Crore II. Underwriting Notified Amount ₹0 Crore ₹0 Crore ₹0 Crore III. Competitive Bids Received (i) Number 79 95 109 (ii) Amount ₹22714.5 Crore ₹21200.5 Crore ₹23821 Crore IV. Cut-off price / Yield 99.1889 98.3085 96.5538 (YTM: 3.2799%) (YTM: 3.4507%) (YTM: 3.579%) V. Competitive Bids Accepted (i) Number 28 42 64 (ii) Amount ₹3999.154 Crore ₹6997.382 Crore ₹7999.515 Crore VI. Part

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 99.1889(YTM: 3.2799%) 98.3085(YTM: 3.4507%) 96.5538(YTM: 3.5790%) IV. Total Face Value Accepted ₹4,000 Crore ₹7,000 Crore ₹8,000 Crore Ajit Prasad Director Press Release: 2020-2021/932

The Result of the auction of State Development Loans for 11 State Governments held on January 12, 2021. Table (₹ in crore) ANDHRA PRADESH 2037 ASSAM 2031* ASSAM 2025* BIHAR 2026 Notified Amount 1000 500 500 2000 Underwriting Notified Amount NIL NIL NIL NIL Tenure 16 10 4 5 Competitive Bids Received (i) No. 70 67 21 48 (ii) Amount 5090.000 1245.000 1900.000 3815.000 Cut-off Yield (%) 6.63 - - 5.72 Competitive Bids Accepted (i) No. 4 - - 29 (ii) Amount 969.998 - - 1959.

Sr. No. State Notified amount (₹ Cr) Amount Accepted (₹ Cr) Cut off Yield (%) Tenure (Yrs) 1 Andhra Pradesh 1,000 1,000 6.63 16 2 Assam* 500 0 NA 4 500 0 NA 10 3 Bihar 2,000 2,000 5.72 5 4 Chhattisgarh 1,000 1,000 5.97 6 5 Mizoram 90 90 6.64 11 6 Punjab 500 500 6.63 30 7 Rajasthan 1,000 1,000 6.61 10 8 Sikkim 204 204 6.64 10 9 Tamil Nadu 2,000 2,000 6.57 10 10 Uttar Pradesh 2,500 2,500 6.61 10 11 West Bengal 2,000 2,000 6.63 20 Total 13,294 12,294 * Assam has not acce

Government of India has been undertaking conversion or switch operations with market participants as well as with the Reserve Bank with the objective of smoothening the liability profile as well as for market development. As a part of these operations, Government has today done a conversion transaction with the Reserve Bank for an amount of ₹35,142.399 crore (Face Value). The transaction involved buying back securities maturing in FY 2023-24 from the Reserve Bank and

Government of India (GOI) has announced the sale (re-issue of four dated securities) for a notified amount of ₹22,000 crore as per the following details: Sr No Security Date of repayment Notified Amount (₹ crore) GoI specific Notification Auction Date Settlement date 1 4.48% GS 2023 Nov 02, 2023 6,000 F.No.4(5)-B(W&M)/2020 dated January 11, 2021 January 15, 2021 (Friday) January 18, 2021 (Monday) 2 GoI FRB 2033* Sept 22, 2033 2,000 3 6.22% GS 2035 Mar. 16, 2035 9,

In the underwriting auctions conducted on January 08, 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

In terms of GoI notification F.No.4(4)-B(W&M)/2020 and RBI circular IDMD.CDD.No.730/14.04.050/2020-21, dated October 09, 2020, the Sovereign Gold Bond Scheme 2020-21 - Series X will be open for subscription for the period from January 11, 2021 to January 15, 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

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 13, 2021 (Wednesday) January 14, 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