Debt Management

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 29, 2025 (Wednesday) October 30, 2025 (Thursday) 2 182-Day 6,000 3 364-Day 6,000 Total 19,000

(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 76    63    77 (ii) Amount 20,721.00    22,022.50    21,410.00

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 98.6572 (YTM:5.4593%) 97.2900 (YTM: 5.5863%) 94.7295 (YTM: 5.5790%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore

In terms of GOI notification F. No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-IV-Issue date October 23, 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 23, 2025.

In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-II-Issue date October 23, 2018) 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 23, 2025.

The result of the auction of State Government Securities held on October 20, 2025, is as under: (Amount in ₹ Crore) CHHATTISGARH SGS 2040 CHHATTISGARH SGS 2032 MAHARASHTRA SGS 2036 MAHARASHTRA SGS 2050 Notified Amount 1000 1000 1500 1000 Tenor 15 -Years Re-issue of 7.14% CHHATTISGARH SGS 2032 issued on 19-MAR-2025 11 -Years 25 -Years

A. Source Security 8.15% GS 2026 6.79% GS 2027 8.26% GS 2027 6.64% GS 2027 7.37% GS 2028 B. Notified Amount (in ₹ crore) 4,000 5,000 2,000 3,000 5,000 Destination Security 7.50% GS 2034 6.57% GS 2033 7.34% GS 2064 6.19% GS 2034 7.57% GS 2033 C. i. No. of offers received 12 54 4 12 18 ii. Total amount of Source Security offered (Face value, in ₹ crore) 5,450.000 12,064.159 2,780.000 3,583.900 11,555.000

Sr. No. State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Chhattisgarh 1000 1000 7.34 15 1000 1000 100.53/7.0400 Re-issue of 7.14% Chhattisgarh SGS 2032, issued on March 19, 2025 2. Maharashtra 1500 1500 7.20 11 1000 1000 7.29 25 1000 1000 100.70/7.1305 Re-issue of 7.24% Maharashtra SGS 2034, issued on September 10, 2025 1500 1500 99.72/7.2894 Re-issue of 7.26% Maharashtra SGS 2041, issued on October 08, 2025

In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-VII-Issue date October 20, 2020) 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 due date of premature redemption of the above tranche shall be on October 20, 2025.

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 23, 2025 (Thursday) October 24, 2025 (Friday) 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 Territories with legislature, eligible