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 January 16, 2025.

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹8000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 100 85 114 (ii) Amount ₹31166.080 Crore ₹19631.300 Crore ₹24784.350 Crore III. Cut-off price / Yield 98.3803 96.7585 93.7335 (YTM:6.6036%) (YTM:6.7186%) (YTM:6.7038%) IV. Competitive Bids Accepted (i) Number 45 44 45 (ii) Amount ₹11966.226 Crore ₹7970.328 Crore ₹7966.973 Crore V. Partial Allotment Percentage of Competitive Bids 42.03% 18.06% 94.57%

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹12,000 Crore ₹8,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3803 (YTM:6.6036%) 96.7585 (YTM: 6.7186%) 93.7335

The result of the auction of State Government Securities held on January 14, 2025 is as under: (Amount in ₹ Crore) BIHAR 2035 BIHAR 2040 GUJARAT 2035 HARYANA 2038 Notified Amount 1000 1000 2000 1000 Tenure 10 15 10 13 Competitive Bids Received (i) No. 60 36 100 72 (ii) Amount 3810 2835 2785 4310 Cut off Yield (%) 7.22 7.22 7.22 7.22 Competitive Bids Accepted (i) No. 10 8 76 20 (ii) Amount 978.441 994.995 1968.453 990.899

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Yield (%) Tenure (Year) 1 Bihar 1000 1000 7.22 10 1000 1000 7.22 15 2 Gujarat 2000 2000 7.22 10 3 Haryana 1000 1000 7.22 13 4 Jammu and Kashmir 300 300 7.20 22 5 Karnataka 2000 2000 7.22 11 6 Kerala 2500 2500 7.24 19 7 Maharashtra 2500 2500 7.23 16

Government of India (GOI) has announced the sale (re-issue) of three dated securities for a notified amount of ₹36,000 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 14,000 F.No.4(3)-B(W&M)/2024 dated January 13, 2025 January 17, 2025 (Friday) January 20, 2025 (Monday) 2 6.92% GS 2039 Nov 18, 2039 12,000 3 7.09% GS 2054 Aug 05, 2054 10,000 Total 36,000

The Government of India has announced the buyback of its Securities through auction for an aggregate amount of ₹30,000 crore (face value). The security-wise details of the buyback are as under:

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 12,000 January 15, 2025 (Wednesday) January 16, 2025 (Thursday) 2 182 Days 8,000 3 364 Days 8,000 Total 28,000 The sale will be subject to the terms and conditions specified in the
 

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹17,919 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenure (Year) Type of Auction 1 Bihar 1000 10 Yield 1000 15 Yield 2 Gujarat 2000 10 Yield 3 Haryana 1000 13 Yield

Auction Results 6.64% GS 2027 7.34% GS 2064 I. Notified Amount ₹7,000 crore ₹15,000 crore II. Underwriting Notified Amount ₹7,000 crore ₹15,000 crore III. Competitive Bids Received (i) Number 137 298 (ii) Amount ₹27657.000 Crore ₹36509.000 Crore IV. Cut-off price / Yield 99.86 103.70 (YTM:6.6906%) (YTM:7.0593%) V. Competitive Bids Accepted (i) Number 43 116 (ii) Amount ₹6990.815 Crore ₹14976.248 Crore VI. Partial Allotment Percentage of Competitive Bids 55.62% 66.84% (10 Bids) (15 Bids)

6.64% GS 2027 7.34% GS 2064 I. Notified Amount ₹7,000 crore ₹15,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 99.86/6.6906% 103.70/7.0593% III. Amount accepted in the auction ₹7,000 crore ₹15,000 crore IV. Devolvement on Primary Dealers NIL NIL

In the underwriting auction conducted on January 10, 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) 6.64% GS 2027 7,000 3,507 3,493 7,000 0.06 7.34% GS 2064 15,000 7,518 7,482 15,000 0.16

I. SUMMARY RESULTS Aggregate amount (Face Value) notified by RBI ₹ 25,000.000 crore Total amount offered (Face Value) by participants ₹ 45,710.195 crore Total amount accepted (Face Value) by RBI ₹ 19,217.542 crore

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

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹8000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 102 121 116 (ii) Amount ₹27051.470 Crore ₹25862.550 Crore ₹27816.500 Crore III. Cut-off price / Yield 98.3826 96.7674 93.7460 (YTM:6.5940%) (YTM:6.6995%) (YTM:6.6895%) IV. Competitive Bids Accepted (i) Number 47 35 49 (ii) Amount ₹11956.711 Crore ₹7967.777 Crore ₹7968.292 Crore

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹12,000 Crore ₹8,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3826 (YTM:6.5940%) 96.7674 (YTM: 6.6995%) 93.7460 (YTM: 6.6895%) IV. Total Face Value Accepted ₹12,000 Crore ₹8,000 Crore ₹8,000 Crore

The result of the auction of State Government Securities held on January 07, 2025 is as under: (Amount in ₹ Crore) ASSAM 2035 BIHAR 2035 BIHAR 2040 GUJARAT 2031 Notified Amount 500 1000 1000 500 Tenure 10 10 15 6 Competitive Bids Received (i) No. 41 58 40 28 (ii) Amount 1789.500 4760 4505 2610 Cut off Price (₹) / Yield (%) 7.15 7.15 7.15 7.01

Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Assam 500 500 7.15 10 2. Bihar 1000 1000 7.15 10 1000 1000 7.15 15 3. Gujarat 500 500 7.01 06 500 500 7.05 07 1000 1000 7.06 09 4. Haryana 1000 1000 7.15 13

Government of India (GOI) has announced the sale (re-issue) of two 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 6.64% GS 2027 Dec 09, 2027 7,000 F.No.4(3)-B(W&M)/2024 dated January 06, 2025 January 10, 2025 (Friday) January 13, 2025 (Monday) 2 7.34% GS 2064 Apr 22, 2064 15,000 Total 22,000

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹21,500 Crore (Face Value). Sr. No. State Amount to be raised. (₹ Crore) Tenure (Year) Type of Auction 1. Assam 500 10 Yield 2. Bihar 1000 10 Yield 1000 15 Yield

The Government of India has announced the buyback of its Securities through auction for an aggregate amount of ₹25,000 crore (face value). The security-wise details of the buyback are as under: S.No. Security Date of Maturity 1 7.72% GS 2025 May 25, 2025 2 5.22% GS 2025 June 15, 2025 3 8.20% GS 2025 September 24, 2025 4 5.15% GS 2025 November 09, 2025 5 7.59% GS 2026 January 11, 2026

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 12,000 January 08, 2025 (Wednesday) January 09, 2025 (Thursday) 2 182 Days 8,000 3 364 Days 8,000 Total 28,000

Auction Results 6.79% GS 2034 7.09% GS 2074 I. Notified Amount ₹22,000 crore ₹10,000 crore II. Underwriting Notified Amount ₹22,000 crore ₹10,000 crore III. Competitive Bids Received (i) Number 400 218 (ii) Amount ₹71732.879 Crore ₹25785.000 Crore IV. Cut-off price / Yield 99.93 100.24 (YTM: 6.7979%) (YTM: 7.0717%)

6.79% GS 2034 7.09% GS 2074 I. Notified Amount ₹22,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 99.93/6.7979% 100.24/7.0717% III. Amount accepted in the auction ₹22,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL

In the underwriting auction conducted on January 03, 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) 6.79% GS 2034 22,000 11,004 10,996 22,000 0.13 7.09% GS 2074 10,000 5,019 4,981 10,000 0.19

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on January 03, 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

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹12000 Crore ₹8000 Crore ₹8000 Crore II. Competitive Bids Received (i) Number 92 94 108 (ii) Amount ₹32114.700 Crore ₹21130.000 Crore ₹22718.500 Crore III. Cut-off price / Yield 98.3821 96.7579 93.7370 (YTM: 6.5961%) (YTM: 6.7199%) (YTM: 6.6998

In terms of Para 13 (ii) of Government of India Notification F.No.4(10)- B(W&M)/2020 dated June 26, 2020 on Floating Rate Savings Bonds, 2020 (Taxable)- FRSB 2020 (T), the coupon/interest rate of the bond would be reset half yearly, starting with January 01, 2021 and the coupon/

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹12,000 Crore ₹8,000 Crore ₹8,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.3821 (YTM:6.5961%) 96.7579 (YTM: 6.7199%) 93.7370 (YTM: 6.6998%) IV. Total Face Value Accepted ₹12,000 Crore ₹8,000 Crore ₹8,000 Crore

The Reserve Bank of India, in consultation with the State Governments/Union Territories (UTs), announces that the quantum of total market borrowings by the State Governments/UTs for the quarter January – March 2025, is expected to be ₹4,73,477.00 Crore. The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation and tentative amounts indicated by them is as under:

In terms of GOI Notification F.No.4(25)–W&M /2017 dated October 06, 2017 (SGB 2017-18 Series XIV -Issue date January 01, 2018) and in terms of GOI Notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series IV - Issue date January 01, 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 tranches shall be January 01, 2025.

The result of the auction of State Government Securities held on December 31, 2024 is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2037 ANDHRA PRADESH 2038 ANDHRA PRADESH 2039 HARYANA 2038 Notified Amount 1500 1500 2000 1000 Tenure 12 13 14 13 Competitive Bids Received (i) No. 55 53 39 49 (ii) Amount 2895 4325 3987 2176

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Andhra Pradesh 1500 1500 7.17 12 1500 1500 7.17 13 2000 2000 7.17 14 2. Haryana 1000 1000 7.18 13 3. Jammu and Kashmir 320 320 7.11 30

Government of India (GOI) has announced the sale (re-issue) of two dated securities for a notified amount of ₹32,000 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 2034 Oct 07, 2034 22,000 F.No.4(3)-B(W&M)/2024 dated December 30, 2024 January 03, 2025 (Friday) January 06, 2025 (Monday) 2 7.09% GS 2074 Nov 25, 2074 10,000 Total 32,000

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 12,000 January 01, 2025 (Wednesday) January 02, 2025 (Thursday) 2 182 Days 8,000 3 364 Days 8,000 Total 28,000

The following State Governments/UT have offered to sell stock by way of auction, for an aggregate amount of ₹24,729 Crore (Face Value). Sr. No. State/UT Amount to be raised. (₹ Crore) Tenure (Year) Type of Auction 1. Andhra Pradesh 1500 12 Yield 1500 13 Yield 2000 14 Yield

(For the Quarter ending March 2025) The Reserve Bank of India, in consultation with the Government of India, hereby, notifies the calendar for issuance of Treasury Bills for the quarter ending March 2025 as under:

Auction Results New GS 2031 6.92% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹12,000 crore ₹10,000 crore II. Underwriting Notified Amount ₹10,000 crore ₹12,000 crore ₹10,000 crore III. Competitive Bids Received

New GS 2031 6.92% GS 2039 7.09% GS 2054 I. Notified Amount ₹10,000 crore ₹12,000 crore ₹10,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 6.79% 100.09/6.9091% 100.31/7.0641% III. Amount accepted in the auction ₹10,000 crore ₹12,000 crore ₹10,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL

In the underwriting auction conducted on December 27, 2024, 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) New GS 2031 10,000 5,019 4,981 10,000 0.15 6.92% GS 2039 12,000 6,006 5,994 12,000 0.22 7.09% GS 2054 10,000 5,019 4,981 10,000 0.25

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹7000 Crore ₹6000 Crore ₹6000 Crore II. Competitive Bids Received (i) Number 74 88 83 (ii) Amount ₹23077 Crore ₹19875 Crore ₹23340.250 Crore

I. T-Bill 91 days 182 days 364 days 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 98.3935 (YTM: 6.5489%) 96.7672 (YTM: 6.7000%) 93.7475 (YTM: 6.6878%) IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore

Government of India has announced the sale (issue / re-issue) of Government Securities, as detailed below, through auctions to be held on December 27, 2024 (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:

In terms of GOI Notification F.No.4(25)–W&M /2017 dated October 06, 2017 (SGB 2017-18 Series XIII -Issue date December 26, 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 d

The result of the auction of State Government Securities held on December 24, 2024 is as under: (Amount in ₹ Crore) ASSAM 2034 BIHAR 2034 GUJARAT 2033 HARYANA 2037 Notified Amount 900 2000 1500 1000 Tenure 10 10 9 13 Competitive Bids Received (i) No. 19 56 74 51 (ii) Amount 1345 3430.500 3795 2272 Cut off Price (₹) / Yield (%) 7.19 7.15 7.11 7.16 Competitive Bids Accepted

Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Assam 900 900 7.19 10 2. Bihar 2000 2000 7.15 10 3. Gujarat 1500 1500 7.11 09 4. Haryana 1000 1000 7.16 13 5. Jammu and Kashmir 400 400 7.14 27 6. Karnataka 2000 2000 99.46/7.0389 Re-issue of 6.90% Karnataka SDL 2029, issued on July 17, 2019 2000 2000 7.16 16 7. Madhya Pradesh 2500 2500 7.17 17 2500 2500 7.14 21 8. Manipur 200 200 7.15 15

Government of India (GOI) has announced the sale (issue / re-issue) of three dated securities for a notified amount of ₹32,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 New GS 2031 Dec 30, 2031 10,000 F.No.4(3)-B(W&M)/2024 dated December 23, 2024 December 27, 2024 (Friday) December 30, 2024 (Monday)

The following State Governments/UT have offered to sell stock by way of auction, for an aggregate amount of ₹ 30,600 Crore (Face Value). Sr. No. State/UT Amount to be raised. (₹Crore) Tenure (Year) Type of Auction 1. Assam 900 10 Yield 2. Bihar 2000 10 Yield 3. Gujarat 1500 09 Yield 4. Haryana 1000 13 Yield

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 7,000 December 26, 2024 (Thursday) December 27, 2024 (Friday) 2 182 Days 6,000 3 364 Days 6,000 Total 19,000

Auction Results New GS 2029 7.34% GS 2064 I. Notified Amount ₹14,000 crore ₹15,000 crore II. Underwriting Notified Amount ₹14,000 crore ₹15,000 crore III. Competitive Bids Received (i) Number 148 312 (ii) Amount ₹ 41417.000 Crore ₹ 39200.020 Crore IV. Cut-off price / Yield - 103.62 (YTM:6.75%) (YTM:7.0653%) V. Competitive Bids Accepted (i) Number 47 100 (ii) Amount ₹ 13988.940 Crore ₹ 14982.955 Crore VI. Partial Allotment Percentage of Competitive Bids 95.56% 99.73%