Government of India (GOI) has announced the sale (re-issue) of two 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 6.64% GS 2027 Dec 09, 2027 6,000 F.No.4(1)-B(W&M)/2025 dated March 28, 2025 April 04, 2025 (Friday) April 07, 2025 (Monday) 2 6.79% GS 2034 Oct 07, 2034 30,000 Total 36,000

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 02, 2025 (Wednesday) April 03, 2025 (Thursday) 2 182 Days 5,000 3 364 Days 5,000 Total 19,000

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 June 2025 as under:

In order to enable institutional and retail investors to plan their investments efficiently and to provide transparency and stability to the Government Securities Market, the Reserve Bank of India, in consultation with the Government of India, hereby, notifies the indicative calendar for issuance of Government dated securities, including Sovereign Green Bonds (SGrBs), for the first half of the fiscal year 2025-26 (April 01, 2025 to September 30, 2025). The issuance calendar is as under:

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore II. Competitive Bids Received (i) Number 95 121 117 (ii) Amount ₹27422.500 Crore ₹43554 Crore ₹41076.550 Crore III. Cut-off price / Yield 98.4005 96.8523 93.9390 (YTM: 6.5199%) (YTM: 6.5179%) (YTM: 6.4698%) IV. Competitive Bids Accepted (i) Number 69 4 12 (ii) Amount ₹13973.590 Crore ₹11987.461 Crore ₹6995.594 Crore

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.4005 (YTM:6.5199%) 96.8523 (YTM: 6.5179%) 93.9390 (YTM: 6.4698%) IV. Total Face Value Accepted ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore

The result of the auction of State Government Securities held on March 25, 2025, is as under: (Amount in ₹ Crore) ANDHRA SGS 2033 ANDHRA SGS 2035 ANDHRA SGS 2036 ANDHRA SGS 2037 Notified Amount 400 1148 1000 2000 Tenure 8 10 11 12 Competitive Bids Received (i) No. 28 57 56 81 (ii) Amount 2470 3665 5110 5695

I. SUMMARY OMO PURCHASE RESULTSAggregate Amount (Face value) notified by RBI: ₹50,000 crore

Total amount offered (Face value) by participants: ₹67,540 crore

Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Andhra Pradesh 400 400 7.04 08 1148 1148 7.09 10 1000 1000 7.07 11 2000 2000 7.08 12 2. Assam 500 500 7.02 05 years and 06 months 1000 1000 7.10 20

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹74,655 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenure (Year) Type of Auction 1. Andhra Pradesh 400 08 Yield 1148 10 Yield 1000 11 Yield 2000 12 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 14,000 March 26, 2025 (Wednesday) March 27, 2025 (Thursday) 2 182 Days 12,000

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore II. Competitive Bids Received (i) Number 93 93 125 (ii) Amount ₹29487.790 Crore ₹28823.700 Crore ₹33136.150 Crore III. Cut-off price / Yield 98.4041 96.8102 93.8775 (YTM:6.5050%) (YTM:6.6079%) (YTM:6.5397%)

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.4041 (YTM:6.5050%) 96.8102 (YTM: 6.6079%) 93.8775 (YTM: 6.5397%) IV. Total Face Value Accepted ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore

I. SUMMARY OMO PURCHASE RESULTS Aggregate Amount (Face value) notified by RBI : ₹50,000 crore Total amount offered (Face value) by participants : ₹1,01,114 crore Total amount accepted (Face value) by RBI : ₹50,000 crore II. DETAILS OF OMO PURCHASE ISSUE Security 7.10% GS 2029 7.26% GS 2032 7.26% GS 2033 7.73% GS 2034 7.40% GS 2035 7.41% GS 2036 No. of offers received 40 56 80 21 41 26 Total amount (face value) offered (₹ in crore) 16,217 17,082 28,147 17,705 13,214 8,749

Sr. No State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Chhattisgarh 1000 1000 7.14 07 years and 06 months 2000 2000 7.16 08 years and 06 months 2000 2000 7.16 09 years and 06 months 2. Jharkhand 1500 1500 6.92 03

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹52,120 Crore (Face Value). Sr. No. State Amount to be raised (₹Crore) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1. Chhattisgarh 1000 - 07 years and 06 months Yield 2000 - 08 years and 06 months Yield 2000 - 09 years and 06 months Yield 2. Jharkhand 1500 - 03 Yield

With a view to providing greater convenience to taxpayers, it has been decided to keep the branches of Agency banks, dealing with Government business, open for transactions on March 31, 2025 (Monday-Public Holiday). In order to facilitate accounting of Government receipts and payments in the current financial year itself, necessary arrangements have also been made to conduct special clearing operations across the country. Special clearing will be conducted for government cheques on March 31, 2025 for which the Department of Payment and Settlement Systems (DPSS), RBI will issue necessary instructions.

In terms of GOI Notification F.No.4(16)-W&M/2016 dated February 23, 2017 (SGB 2016-17 Series IV - Issue date March 17, 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 March 17, 2025.

In terms of GOI Notification F.No.4 (7) – B (W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series IV-Issue date September 17,2019) 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

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹40,120 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Cr) Tenure (Year) Type of Auction 1. Chhattisgarh 1000 - 07 years and 06 months Yield 2000 - 08 years and 06 months Yield 2000 - 09 years and 06 months Yield 2. Jharkhand 1500 - 03 Yield

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details:

I. SUMMARY OMO PURCHASE RESULTS Aggregate Amount (Face value) notified by RBI : ₹50,000 crore Total amount offered (Face value) by participants : ₹1,25,644 crore Total amount accepted (Face value) by RBI : ₹50,000 crore

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore II. Competitive Bids Received (i)  Number 143 110 124

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore

The result of the auction of State Government Securities held on March 11, 2025, is as under: (Amount in ₹ Crore) ARUNACHAL PRADESH 2045 ASSAM 2045 CHHATTISGARH 2026 CHHATTISGARH 2030 Notified Amount 215 900 1000 1000 Tenure 20 20 Re-issue of 7.03% Chhattisgarh SDL 2026, issued on August 28, 2019 Re-issue of 7.18% Chhattisgarh SDL 2030, issued on January 29, 2020 Competitive Bids Received (i) No. 17 29 12 17 (ii) Amount 975 3235 3850 3455 Cut off Price (₹)/ Yield (%) 7.24 7.24 100.38/6.7495 100.16/7.1378 Competitive Bids Accepted (i) No. 2 2 1 6

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Arunachal Pradesh 215 215 7.24 20 2. Assam 900 900 7.24 20 3. Chhattisgarh 1000 1000 100.38/6.7495 Re-issue of 7.03% Chhattisgarh SDL 2026, issued on August 28, 2019 1000 1000 100.16/7.1378 Re-issue of 7.18% Chhattisgarh SDL 2030, issued on January 29, 2020 1000 1000 99.84/7.1480 Re-issue of 7.11% Chhattisgarh SDL 2030, issued on March 18, 2020

In terms of GOI Notification F.No.4 (7) – B (W&M)/2019 dated September 30, 2019 (SGB 2019-20 Series X -Issue date March 11, 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 March 11, 2025.

As announced vide the Press Release 2024-2025/2305 dated March 05, 2025 , the Reserve Bank will be conducting a USD/INR Buy/Sell swap auction of USD 10 billion for a tenor of thirty-six months.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹49,522 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenure (Year) Type of Auction 1. Arunachal Pradesh 215 20 Yield 2. Assam 900 20 Yield 3. Chhattisgarh 1000 Re-issue of 7.03% Chhattisgarh SDL 2026, issued on August 28, 2019 Price 1000 Re-issue of 7.18% Chhattisgarh SDL 2030, issued on January 29, 2020 Price 1000 Re-issue of 7.11% Chhattisgarh SDL 2030, issued on March 18, 2020 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 14,000 March 12, 2025 (Wednesday) March 13, 2025 (Thursday) 2 182 Days 12,000 3 364 Days 7,000 Total 33,000

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore II. Competitive Bids Received (i) Number 113 86 85 (ii) Amount ₹31323.710 Crore ₹30736.500 Crore ₹21815.150 Crore III. Cut-off price / Yield 98.4078 96.8106 93.8500 (YTM:6.4896%) (YTM:6.6070%) (YTM:6.5710%)

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.4078 (YTM: 6.4896%) 96.8106 (YTM: 6.6070%) 93.8500 (YTM: 6.5710%) IV. Total Face Value Accepted ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore

The result of the auction of State Government Securities held on March 04, 2025, is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2034 ANDHRA PRADESH 2035 ANDHRA PRADESH 2036 ASSAM 2035 Notified Amount 1000 1000 1600 900 Tenure 9 10 11 10 Competitive Bids Received (i) No. 38 39 49 21 (ii) Amount 3151 5020 3685 1430

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1 Andhra Pradesh 1000 1000 7.22 09 1000 1000 7.22 10 1600 1600 7.28 11 2 Assam 900 900 7.34 10

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹50,500 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹Crore) Tenure (Year) Type of Auction 1 Andhra Pradesh 1000 09 Yield 1000 10 Yield 1600 11 Yield 2 Assam 900 10 Yield 3 Chhattisgarh 1000 09 Yield 2000 10 Yield 2000 12 Yield 4 Gujarat 500 05 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 14,000 March 05, 2025 (Wednesday) March 06, 2025 (Thursday) 2 182 Days 12,000 3 364 Days 7,000 Total 33,000

Auction Results 6.79% 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 (i) Number 134 188 237 (ii) Amount ₹23824.000 Crore ₹32585.000 Crore ₹25094.276 Crore IV. Cut-off price / Yield 100.27 100.12 99.35 (YTM:6.7376%) (YTM:6.9053%) (YTM:7.1425%)

Today, the Reserve Bank conducted a USD/INR Buy Sell swap auction for a notified amount of USD 10 billion as announced vide press release dated February 21, 2025.

6.79% 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 100.27/6.7376% 100.12/6.9053% 99.35/7.1425%

In the underwriting auction conducted on February 28, 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:

Auction Results 91 Days 182 Days 364 Days I. Notified Amount ₹14000 Crore ₹12000 Crore ₹7000 Crore II. Competitive Bids Received (i) Number 127 89 99 (ii) Amount ₹34623.720 Crore ₹23642.150 Crore ₹27673.320 Crore III. Cut-off price / Yield 98.4176 96.8144 93.8765 (YTM:6.4490%) (YTM:6.5989%) (YTM:6.5409%)

I. T-Bill 91 days 182 days 364 days II. Total Face Value Notified ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore III. Cut-off Price and Implicit Yield at Cut-Off Price 98.4176 (YTM: 6.4490%) 96.8144 (YTM: 6.5989%) 93.8765 (YTM: 6.5409%) IV. Total Face Value Accepted ₹14,000 Crore ₹12,000 Crore ₹7,000 Crore

The result of the auction of State Government Securities held on February 25, 2025, is as under: (Amount in ₹ Crore) ANDHRA PRADESH 2036 ASSAM 2040 ASSAM 2045 BIHAR 2037 Notified Amount 1000 900 950 1546 Tenure 11 15 20 12 Competitive Bids Received (i) No. 39 35 26 25 (ii) Amount 2540 3556 1595 1995 Cut off Price (₹)/ Yield (%) 7.20 7.20 7.20 7.24 Competitive Bids Accepted (i) No. 25 15 6 22 (ii) Amount 919.589 889.947 949.998 1520.991 Partial Allotment Percentage of Competitive Bids

Sr. No State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenure (Year) 1. Andhra Pradesh 1000 1000 7.20 11 2. Assam 900 900 7.20 15 950 950 7.20 20 3. Bihar 1546 1546 7.24 12 4. Chhattisgarh 2000 2000 7.20 09 1000 1000 7.19 10 5. Gujarat 1000 1000 6.98 05 6. Haryana 2000 2000 7.22 13

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹41,054 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenure (Year) Type of Auction 1. Andhra Pradesh 1000 11 Yield 2. Assam 900 15 Yield 950 20 Yield

Government of India (GOI) has announced the sale (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 6.79% GS 2031 Dec 30, 2031 10,000 F.No.4(3)-B(W&M)/2024 dated February 24, 2025 February 28, 2025 (Friday) March 03, 2025 (Monday) 2 6.92% GS 2039 Nov 18, 2039 12,000 3 7.09% GS 2054 Aug 05, 2054 10,000 Total 32,000

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹38,054 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenure (Year) Type of Auction 1. Andhra Pradesh 1000 11 Yield 2. Assam 900 15 Yield 950 20 Yield

In terms of Para 13 of the Consolidated Procedural Guidelines on the Sovereign Gold Bond (SGB) Scheme issued by the Reserve Bank of India vide circular IDMD.CDD.1100/14.04.050/2021-22 dated October 22, 2021, premature redemption of the gold bonds is permitted after five years from the date of issue of such bonds. 2. Accordingly, the details of tranches falli

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 14,000 February 27, 2025 (Thursday) February 28, 2025 (Friday) 2 182 Days 12,000 3 364 Days 7,000 Total 33,000

Auction Results 6.75% GS 2029 6.98% GOI SGrB 2054 7.34% GS 2064 I. Notified Amount ₹14,000 crore ₹5,000 crore ₹15,000 crore II. Underwriting Notified Amount ₹14,000 crore ₹5,000 crore ₹15,000 crore III. Competitive Bids Received (i) Number 184 67 264 (ii) Amount ₹38111.088 Crore ₹8490.000 Crore ₹36425.000 Crore