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 November 12, 2025 (Wednesday) November 13, 2025 (Thursday) 2 182-Day 6,000 3 364-Day 6,000 Total 19,000

(Amount in ₹ Crore) Auction Results 6.48% GS 2035 I. Notified Amount 32,000 II. Competitive Bids Received (i) Number 406 (ii) Amount 73,863.157

6.48% GS 2035 Notified Amount ₹32,000 crore Cut off Price (₹) / Implicit Yield at cut-off 99.98 /6.4817%

In the underwriting auction conducted on November 07, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government security, 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) 6.48% GS 2035 32,000 16,002 15,998 32,000 0.23

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

Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on November 07, 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:

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

Sr. No. State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 7.30 12 1000 1000 100.12/7.4873 Re-issue of 7.50% Andhra Pradesh SGS 2045, issued on October 01, 2025 1000 1000 100.10/7.4894 Re-issue of 7.50% Andhra Pradesh SGS 2046, issued on October 01, 2025 2. Goa 100 100 7.25 11 3. Kerala 2000 2000 7.48 20

Government of India (GoI) has announced the sale (re-issue) of one dated security 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 6.48% GS 2035 October 06, 2035 32,000 F.No.4(1)-B(W&M)/2025 dated November 03, 2025 November 07, 2025 (Friday) November 10, 2025 (Monday) Total 32,000

In terms of GOI notification F. No.4(8)-W&M/2018 dated April 13, 2018 (SGB 2018-19 Series-I-Issue date May 04, 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 November 04, 2025.