Debt Management

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.

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹13,600 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Andhra Pradesh 1000 12 Yield 1000 Re-issue of 7.50% Andhra Pradesh SGS 2045, issued on October 01, 2025 Price 1000 Re-issue of 7.50% Andhra Pradesh SGS 2046, issued on October 01, 2025 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 (₹ crore) Auction Date Settlement Date 1 91-Day 7,000 November 06, 2025 (Thursday) November 07, 2025 (Friday) 2 182-Day 6,000

(Amount in ₹ Crore) Auction Results 5.91% GS 2028 6.28% GS 2032 7.24% GS 2055 6.98% GOI SGrB 2054 I. Notified Amount 9,000 11,000 7,000 5,000 II. Competitive Bids Received (i) Number 71 143 154 83 (ii) Amount 30,570.000 26,584.135 16,514.873 14,214.999 III. Cut-off price / Yield 100.16 NA 99.97 97.47 (YTM: 5.8404%) (YTM: NA) (YTM: 7.2412%) (YTM: 7.1876%)

5.91% GS 2028 6.28% GS 2032 7.24% GS 2055 6.98% GOI SGrB 2054 I. Notified Amount ₹9,000 crore ₹11,000 crore ₹7,000 crore ₹5,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 100.16/ 5.8404% - 99.97/ 7.2412% 97.47/ 7.1876% III. Amount accepted in the auction ₹9,000 crore NIL ₹7,000 crore ₹5,000 crore IV. Devolvement on Primary Dealers NIL NIL NIL NIL

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on October 31, 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

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

In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-V-Issue date October 30, 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 October 30, 2025.

The rate of interest on Government of India Floating Rate Bond 2034 (GOI FRB 2034) applicable for the half year October 30, 2025 to April 29, 2026 shall be 6.54 per cent per annum. It may be recalled that FRB 2034 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions (from the rate fixing day i.e., October 30, 2025) of 182 Day T-Bills, plus a fixed spread (0.98 per cent).

(Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 7,000 6,000 6,000 II. Competitive Bids Received