In terms of GOI Notification F.No. 4(25) - W&M/2017 dated October 06, 2017 (SGB 2017-18 Series XI-Issue date December 11, 2017) and in terms of GOI Notification F.No.4(7) – B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series I-Issue date June 11, 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 on June 11, 2024.

Government of India (GOI) has announced the sale (issue/re-issue) of three dated securities for a notified amount of ₹34,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (Rs. crore) GoI specific Notification Auction Date Settlement Date 1 New GS 2031 Jun 18, 2031 11,000 F.No.4(3)-B(W&M)/2024 dated June 10, 2024 June 14, 2024 (Friday) June 18, 2024 (Tuesday) 2 7.23% GS 2039 Apr 15, 2039 12,000 3 7.34% GS 2064 Apr 22, 2064 11,000 Total 34,000

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹ 7,750 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹Crore) Additional Borrowing (Greenshoe) Option (₹Crore) Tenure (Year) Type of Auction 1 Andhra Pradesh 500 - 15 Yield 500 - 19 Yield 1000 - 21 Yield 2 Haryana 1000 - 10 Yield 3 Jammu and Kashmir 500 - 25 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 4,000 June 12, 2024 (Wednesday) June 13, 2024 (Thursday) 2 182 Days 4,000 3 364 Days 4,000 Total 12,000 The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-W&M/2018 dated March 27, 2018 along with the Amendment Notification No.F.4(2)-W&M/2018 dated April 05, 2018 and Amendment Notification No.F-4(2)-W&M/2018 dated December 23, 2021, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard, can participate on non-competitive basis, the allocation for which will be outside the notified amount.  Individuals can also participate on non-competitive basis as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through Retail Direct portal (https://rbiretaildirect.org.in).

Auction Results 7.10% GS 2034 7.30% GS 2053 I. Notified Amount ₹20,000 crore ₹9,000 crore II. Underwriting Notified Amount ₹20,000 crore ₹9,000 crore III. Competitive Bids Received  (i)  Number 338 259 (ii) Amount ₹49,274 Crore ₹27,845 Crore IV. Cut-off price / Yield 100.54 101.96 (YTM:7.0210%) (YTM: 7.1388%) V. Competitive Bids Accepted  (i)  Number 169 68 (ii) Amount ₹19,993.441 Crore ₹8,992.564 Crore

7.10% GS 2034 7.30% GS 2053 I. Notified Amount ₹20,000 crore ₹9,000 crore II. Cut off Price / Implicit Yield at cut-off 100.54 / 7.0210% 101.96 / 7.1388% III. Amount accepted in the auction ₹20,000 crore ₹9,000 crore IV. Devolvement on Primary Dealers NIL NIL

In the underwriting auctions conducted on June 07, 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: (₹ crore) Nomenclature of the Security Notified Amount Minimum Underwriting Commitment (MUC) Amount Additional Competitive Underwriting Amount Accepted Total Amount underwritten ACU Commission Cut-off rate (paise per ₹100) 7.10% GS 2034 20,000 10,017 9,983 20,000 0.11 7.30% GS 2053 9,000 4,515 4,485 9,000 0.14 Auction for the sale of securities will be held on June 07, 2024.

The rate of interest on Government of India Floating Rate Bond 2031 (FRB 2031) applicable for the half year June 07, 2024 to December 06, 2024 shall be 7.98 per cent per annum. It may be recalled that FRB 2031 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield of last three auctions (from the rate fixing day i.e. June 07, 2024) of 182 Day T-Bills, plus a fixed spread of One per cent. 

I. SUMMARY RESULTS Aggregate amount (Face Value) notified by RBI ₹ 30,000.000 crore Total amount offered (Face Value) by participants ₹ 8,631.914 crore Total amount accepted (Face Value) by RBI ₹ 7,287.563 crore  II. DETAILS OF EACH SECURITY  Security 7.35% GS 2024 8.40% GS 2024 6.18% GS 2024 FRB 2024 9.15% GS 2024 No. of offers received 6 1 11 6 2 Total amount (Face Value) offered (₹ Crore) 953.017 500.000 1,566.334 5,592.563 20.000 No of offers accepted 2 1 6 4 1 Total amount (Face Value) accepted by RBI (₹ Crore) 308.000 500.000 1,077.000 5,392.563 10.000 Cut off price (₹) 100.02 100.21 99.66 100.00 100.90 Weighted Avg Price (₹) 100.02 100.21 99.65 99.99 100.90 Ajit Prasad Deputy General Manager (Communications) Press Release: 2024-2025/448

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auctions to be held on June 07, 2024. As per the extant scheme of underwriting notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) for the underwriting auction, applicable to each Primary Dealer (PD), are as under