Debt Management

6.01% GS 2030 7.09% GS 2074 I. Notified Amount ₹18,000 crore ₹12,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 99.52/6.1252% 98.80/7.1782% III. Amount accepted in the auction ₹18,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL

In the underwriting auction conducted on October 17, 2025, 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: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive Underwriting Amount Accepted (₹ crore) Total Amount underwritten (₹ crore) ACU Commission Cut-off rate (Paise per ₹100) 6.01% GS 2030 18,000 9,009 8,991 18,000 0.13 7.09% GS 2074 12,000 6,006 5,994 12,000 0.21 Auction for the sale of securities will be held on October 17, 2025.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹17,000 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Chhattisgarh 1000 15 Yield 1000 Re-issue of 7.14% Chhattisgarh SGS 2032, issued on March 19, 2025 Price 2. Maharashtra 1500 11 Yield

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 17, 2025 (Friday). As per the extant scheme o

Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹19,000 crore (face value). The security-wise details of the conversion/switch are given as under:

In terms of GOI Notification F.No.4(25)-W&M/2017 dated October 06, 2017 (SGB 2017-18 Series-III - Issue date October 16, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be October 16, 2025.

Auction Results 91-Day 182-Day 364-Day I. Notified Amount 7,000 6,000 6,000 II. Competitive Bids Received (i) Number 98 72 95 (ii) Amount 23,592.500 15,621.000 24,783.000 III. Cut-off price / Yield 98.6631 97.3084 94.7564 (YTM: 5.4350%) (YTM: 5.5473%) (YTM: 5.5490%) IV. Competitive Bids Accepted (i) Number 44 40 39 (ii) Amount 6,984.541 5,990.103 5,914.868 V. Partial Allotment Percentage of Competitive Bids 64.4082% 52.7353% 20.3736% (3 bids) (1 bid) (1 bid) VI. Weighted Average Price/Yield 98.6663 97.3124 94.7617

I.    T-Bill    91-Day    182-Day    364-Day II.    Total Face Value Notified    ₹7,000 Crore    ₹6,000 Crore    ₹6,000 Crore III.    Cut-off Price and Implicit Yield at Cut-Off Price    98.6631 (YTM: 5.4350%)    97.3084 (YTM: 5.5473%)    94.7564 (YTM: 5.5490%) IV.    Total Face Value Accepted    ₹7,000 Crore    ₹6,000 Crore    ₹6,000 Crore

In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series-V-Issue date October 15, 2019) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of premature redemption of the above tranche shall be on October 15, 2025.

The result of the auction of State Government Securities held on October 14, 2025, is as under: (Amount in ₹ Crore) BIHAR SGS 2045 GUJARAT SGS 2034 JAMMU AND KASHMIR SGS 2045 MAHARASHTRA SGS 2036 Notified Amount 1500 1000 300 1000 Tenor 20 -Years 9 -Years 20 -Years Re-issue of 7.27% MAHARASHTRA SGS 2036 issued on 24-SEP-2025

Sr. No. State/ UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Bihar 1,500 1,500 7.31 20 2. Gujarat 1,000 1,000 7.07 09 3. Jammu and Kashmir 300 300 7.31 20 4. Maharashtra 1,000 1,000 100.74/7.1704 Re-issue of 7.27% SGS 2036, issued on September 24, 2025 1,500 1,500 100.09/7.2501 Re-issue of 7.26% SGS 2041, issued on October 08, 2025 1,500 1,500 98.31/7.3072 Re-issue of 7.16% SGS 2050, issued on July 16, 2025 1,000 1,000 98.32/7.2978 Re-issue of 7.16% SGS 2055, issued on August 06, 2025

Government of India (GoI) has announced the sale (re-issue) of two dated securities for a notif

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹12,800 Crore (Face Value).

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (₹ crore) Auction Date Settlement Date 1 91-Day 7,000 October 15, 2025 (Wednesday) October 16, 2025 (Thursday) 2 182-Day 6,000 3 364-Day 6,000 Total 19,000 The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-B(W&M)/2018 dated March 26, 2025, issued by Government of India, as amended from time to time. State Governments, Union

(Amount in ₹ Crore) Auction Results 6.68% GS 2040 6.90% GS 2065 I. Notified Amount 16,000 12,000 II. Competitive Bids Received (i) Number 276 241 (ii) Amount 46,597.600 39,166.110

6.68% GS 2040 6.90% GS 2065 I. Notified Amount ₹16,000 crore ₹12,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 98.68/6.8219% 96.53/7.1650% III. Amount accepted in the auction ₹16,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 10, 2025 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Dealer (PD), are as under:

(Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 7,000 6,000 6,000 II. Competitive Bids Received (i) Number 92 75 121 (ii) Amount 23,182.850 26,065.000 28,392.000 III. Cut-off price / Yield 98.6655 97.3090 94.7560 (YTM: 5.4251%) (YTM: 5.5460%) (YTM: 5.5494%)

I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.6655 (YTM:5.4251%) 97.3090 (YTM: 5.5460%) 94.7560 (YTM: 5.5494%)

The result of the auction of State Government Securities held on October 07, 2025, is as under: (Amount in ₹ Crore) ANDHRA PRADESH SGS 2033 ANDHRA PRADESH SGS 2036 GUJARAT SGS 2033 JAMMU AND KASHMIR SGS 2037 Notified Amount 900 1000 2000 400 Tenor 8 -Years 11 -Years 8 -Years 12 -Years Competitive Bids Received (i) No. 58 129 136 68 (ii) Amount 4480 7510 12280 2505 Cut-off Yield (%) 7.14 7.27 7.06 7.39 Cut off Price (₹) 100 100 100 100