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) and GOI Notification F. No.4(22)-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 April 23, 2025.

The result of the auction of State Government Securities held on April 22, 2025, is as under: (Amount in ₹ Crore) ASSAM SGS 2040 CHHATTISGARH SDL 2028 MAHARASHTRA SGS 2037 MAHARASHTRA SGS 2038 Notified Amount 900 970 2000 2000 Tenure 15 Re-issue of 6.62% Chhattisgarh SDL 2028, issued on October 27, 2021 12 13 Competitive Bids Received

Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1 Assam 900 900 6.75 15 2 Chhattisgarh 970 970 100.84/ 6.3490 Re-issue of 6.62% Chhattisgarh SDL 2028, issued on October 27, 2021 3 Maharashtra 2000 2000 6.76 12 2000 2000 6.72 13 1500 1500 6.75 14

Government of India (GOI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹27,000 crore as per the following details:

Sr No

Security

Date of Repayment

Notified Amount

(₹ Crore)

GoI specific Notification

Auction

Date

Settlement Date

1

6.75% GS 2029

Dec 23, 2029

15,000

F.No.4(1)-B(W&M)/2025 dated
April 21, 2025

April 25, 2025 (Friday)

April 28, 2025

(Monday)

2

7.09% GS 2054

Aug 05, 2054

12,000

 

Total

27,000

 

 

 

2. GoI will have the option to retain additional subscription up to ₹2,000 crore against each security mentioned above.  

A. Source Security 6.99% GS 2026 8.33% GS 2026 6.97% GS 2026 8.15% GS 2026 B. Notified Amount (amount in ₹ cr) 3,000 3,000 4,000 5,000 Destination Security 6.22% GS 2035 6.64% GS 2035 6.67% GS 2035 6.19% GS 2034 C. i. No. of offers received 19 13 49 17

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹10,870 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenure (Year) Type of Auction 1 Assam 900 15 Yield 2 Chhattisgarh 970 Re-issue of 6.62% Chhattisgarh SDL 2028, issued on October 27, 2021 Price

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 9,000 April 23, 2025 (Wednesday) April 24, 2025 (Thursday) 2 182 Days 5,000 3 364 Days 5,000 Total 19,000

Auction Results 6.79% GS 2031 6.98% GOI SGrB 2054 7.09% GS 2074 I. Notified Amount ₹11,000 crore ₹5,000 crore ₹14,000 crore II. Underwriting Notified Amount ₹11,000 crore ₹5,000 crore ₹14,000 crore III. Competitive Bids Received (i) Number 171 83 155 (ii) Amount ₹36,543.860 crore ₹9,920.000 crore ₹31,324.000 crore IV. Cut-off price / Yield 103.14 101.29 102.72 (YTM:6.2072%) (YTM:6.8765%) (YTM:6.8951%) V. Competitive Bids Accepted (i) Number 22 44 70 (ii) Amount 10,996.946 crore 4,999.701 crore 13,991.107 crore VI. Partial Allotment Percentage of Competitive Bids 87.85% 39.70% 69.52%

6.79% GS 2031 6.98% GOI SGrB 2054 7.09% GS 2074 I. Notified Amount ₹11,000 crore ₹5,000 crore ₹14,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 103.14/6.2072% 101.29/6.8765% 102.72/6.8951%

In the underwriting auction conducted on April 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)

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹9,000 Crore ₹5,000 Crore ₹5,000 Crore II. Competitive Bids Received (i) Number 86 92 98 (ii) Amount ₹21435.570 Crore ₹19505.300 Crore ₹23519.900 Crore III. Cut-off price / Yield 98.5418 97.0858 94.3406 (YTM: 5.9354%) (YTM: 6.0198%) (YTM: 6.0154%) IV. Competitive Bids Accepted

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on April 17, 2025 (Thursday). 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 ₹28,000 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, 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 April 16, 2025.

The result of the auction of State Government Securities held on April 15, 2025, is as under: (Amount in ₹ Crore) CHHATTISGARH SDL 2028 TAMILNADU SGS 2035 TELANGANA SGS 2056 Total Notified Amount 1000 1000 1000 3000 Tenure Re-issue of 6.53% Chhattisgarh SDL 2028, issued on September 15, 2021 10 31 Competitive Bids Received (i) No. 23 63 10 96 (ii) Amount 3630 4625 3550 11805

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 April 15, 2025.

Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹30,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.79% GS 2031 Dec 30, 2031 11,000 F.No.4(1)-B(W&M)/2025 dated April 11, 2025 April 17, 2025 (Thursday) April 21, 2025 (Monday) 2 6.98% GOI SGrB 2054 Dec 16, 2054 5,000 3 7.09% GS 2074 Nov 25, 2074 14,000 Total 30,000

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 9,000 April 16, 2025 (Wednesday) April 17, 2025 (Thursday) 2 182 Days 5,000 3 364 Days 5,000 Total 19,000

Auction Results 6.92% GS 2039 New GS 2065 I. Notified Amount ₹16,000 crore ₹16,000 crore II. Underwriting Notified Amount ₹16,000 crore ₹16,000 crore III. Competitive Bids Received (i) Number 304 252 (ii) Amount ₹41,435.600 crore ₹50,999.000 crore

6.92% GS 2039 New GS 2065 I. Notified Amount ₹16,000 crore ₹16,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 103.36/6.5579% 6.90% III. Amount accepted in the auction ₹16,000 crore ₹16,000 crore IV. Devolvement on Primary Dealers NIL NIL