Debt Management

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

(Amount in ₹ Crore) Auction Results 6.48% GS 2035 I. Notified Amount 32,000 II. Competitive Bids Received (i) Number 394 (ii) Amount 75,494.200 III. Cut-off price / Yield 98.28 (YTM: 6.7229%)

6.48% GS 2035 I. Notified Amount ₹32,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 98.28 / 6.7229% III. Amount accepted in the auction ₹32,000 crore IV. Devolvement on Primary Dealers NIL

In the underwriting auction conducted on January 30, 2026, 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 0.75 Auction for the sale of security will be held on January 30, 2026.

Government of India has announced the sale (re-issue) of Government Security, as detailed below, through auction to be held on January 30, 2026 (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: (₹ crore) Security Notified Amount MUC amount per PD Minimum bidding commitment per PD under ACU auction 6.48% GS 2035 32,000 762 762

(Amount in ₹ crore) Auction Results 91-Day 182-Day 364-Day I. Notified Amount 9,000 12,000 8,000 II. Competitive Bids Received (i) Number 104 79 102 (ii) Amount 23,280.460 35,406.780 24,003.000 III. Cut-off price / Yield 98.6474 97.2461 94.5865 (YTM: 5.4997%) (YTM: 5.6793%) (YTM: 5.7391%) IV. Competitive Bids Accepted

T-Bill 91-Day 182-Day 364-Day I. Total Face Value Notified ₹9,000 Crore ₹12,000 Crore ₹8,000 Crore II. Cut-off Price and Implicit Yield at Cut-Off Price 98.6474 (YTM:5.4997%) 97.2461 (YTM: 5.6793%) 94.5865 (YTM: 5.7391%) III. Total Face Value Accepted ₹9,000 Crore ₹12,000 Crore ₹8,000 Crore

The result of the auction of State Government Securities held on January 27, 2026 is as under: (Amount in ₹ Crore) ANDHRA PRADESH SGS 2035 ANDHRA PRADESH SGS 2043 ASSAM SGS 2036 BIHAR SGS 2040 Notified Amount 1000 1500 1000 1500 Tenor 9 -Years 17 -Years 10 -Years 14 -Years Competitive Bids Received (i) No. 62 63 49 128

Sr. No. State Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Andhra Pradesh 1000 1000 7.48 09 1500 1500 7.59 17 2. Assam 1000 1000 7.59 10 3. Bihar 1500 1500 7.63 14 1500 1500 7.60 24 4. Gujarat 2000 2000 7.47 10 5. Haryana 1000 1000 7.57 14 6. Karnataka 2000 2000 7.15 05 year and 06 months 2000 2000 99.88/7.3407 Re-issue of 7.32% Karnataka SGS 2033, issued on January 21,2026

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 January 23, 2026 January 30, 2026 (Friday) February 02, 2026 (Monday)