Debt Management

The result of the auction of State Government Securities held on November 25, 2025, is as under: (Amount in ₹ Crore)

Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/ Yield (%) Tenor (Year) 1. Bihar 1500 1500 7.46 20 2. Chhattisgarh* 1000 500 7.19 10 1000 1000 99.01/7.4500 Re-issue of 7.34% Chhattisgarh SGS 2040, issued on October 23, 2025 3. Gujarat 1000 1000 6.98 07 1500 1500 7.07 08 4. Haryana 1000 1000 7.41 15

Government of India (GoI) has announced the sale (re-issue) of four 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 5.91% GS 2028 Jun 30, 2028 9,000 F.No.4(1)-B(W&M)/2025 dated November 24, 2025 November 28, 2025 (Friday) December 01, 2025 (Monday) 2 6.28% GS 2032 Jul 14, 2032 11,000 3 7.24% GS 2055 Aug 18, 2055 7,000 4 6.98% GOI SGrB 2054 Dec 16, 2054 5,000 Total 32,000

The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹26,550 Crore (Face Value) Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Bihar 1500 20 Yield 2. Chhattisgarh 1000 10 Yield 1000 Re-issue of 7.34% Chhattisgarh SGS 2040, issued on October 23, 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 26, 2025 (Wednesday) November 27, 2025 (Thursday)

(Amount in ₹ Crore) Auction Results 6.01% GS 2030 7.09% GS 2074 I. Notified Amount 18,000 12,000 II. Competitive Bids Received

6.01% GS 2030 7.09% GS 2074 I. Notified Amount ₹18,000 crore ₹12,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 99.16 / 6.2180% 96.07 / 7.3889%

In the underwriting auction conducted on November 21, 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: 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) 6.01% GS 2030 18,000 9,009 8,991 18,000 0.24 7.09% GS 2074 12,000 6,006 5,994 12,000 1.05

Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on November 21, 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: (₹ crore) Security Notified Amount MUC amount per PD Minimum bidding commitment per PD under ACU auction 6.01% GS 2030 18,000 429 429 7.09% GS 2074 12,000 286 286

In terms of GOI notification F.No.4(25)-(W&M)/2017 dated October 06, 2017 (SGB 2017-18 Series-VIII-Issue date November 20, 2017) on Sovereign Gold Bond Scheme, the Gold Bond shall be rep