Debt Management

Auction Results New GS 2030 7.09% GS 2054 Notified Amount 15,000 12,000 Competitive Bids Received (i) Number 220 357 (ii) Amount 59,005.000 50,840.000 Cut-off price / Yield 100.00 101.34 (YTM: 6.0100%) (YTM: 6.9813%)

New GS 2030 7.09% GS 2054 I. Notified Amount ₹15,000 crore ₹12,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 6.01% 101.34/6.9813% III. Amount accepted in the auction ₹15,000 crore ₹12,000 crore IV. Devolvement on Primary Dealers NIL NIL

In the underwriting auction conducted on July 18, 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)

I. Summary Results Aggregate amount (Face Value) notified ₹25,000.000 crore Total amount offered (Face Value) by participants ₹40,339.266 crore Total amount accepted (Face Value) ₹19,925.044 crore II. Details Of Each Security Security 7.27% GS 2026 5.63% GS 2026 6.99% GS 2026 No. of offers received 21 54 27

Government of India has announced the sale (issue / re-issue) of Government Securities, as detailed below, through auctions to be held on July 18, 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:

Government of India announces the conversion/switch of its securities through auction for an aggregate amount of ₹32,000 crore (face value). The security-wise details of the conversion/switch are given as under: Date of Auction Source Securities Amount (FV) of Source Securities (in ₹ crore) Destination Securities

(Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 9,000 6,000 5,000 II. Competitive Bids Received (i) Number 132 168 109 (ii) Amount 36,180.700 36,446.750 24,850.750 III. Cut-off price / Yield 98.6752 97.3119 94.7175 (YTM: 5.3851%) (YTM: 5.5399%) (YTM: 5.5924%)

I. T-Bill 91-Day 182-Day 364-Day II. Total Face Value Notified ₹9,000 Crore ₹6,000 Crore ₹5,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.6752 (YTM:5.3851%) 97.3119 (YTM: 5.5399%) 94.7175 (YTM: 5.5924%) IV. Total Face Value Accepted ₹9,000 Crore ₹6,000 Crore ₹5,000 Crore

In terms of GOI notification F. No. 4(7) -B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series II - Issue date July 16, 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 July 16, 2025.

The result of the auction of State Government Securities held on July 15, 2025, is as under: (Amount in ₹ Crore) ANDHRA SGS 2033 ANDHRA SGS 2034 BIHAR SGS 2035 GOA SGS 2035 Notified Amount 1500 2100 2000 100 Tenor 8 -Years 9 -Years 10 -Years 10 -Years Competitive Bids Received (i) No. 48 76 44 7