Auction for Sale (Re-issue) of 7.02, per cent Government Stock, 2016 Auction for Sale (Re-issue) of 6.35 per cent Government Stock, 2020 Auction for Sale (Re-issue) of 8.24 per cent Government Stock, 2027

click here for IIIF manifest

REGD. NO. D. L.-33004/99 717-7fo to 770-33004/99

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EXTRAORDINARY

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should be submitted between 10.30 a.m. and 11.30 a.m. and the competitive bids should be submitted between 10.30 a.m. and 12.30 p.m.

When Issued Trading

The Stock will be eligible for "When Issued" trading in accordance with the guidelines issued by the Reserve Bank of India.

Tenure

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The Stock will be of seven-year tenure commencing from August 17, 2009. The Stock will be repaid at par on August 17, 2016.

Date of Issue and Payment for the Stock

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MINISTRY OF FINANCE

The result of the auction shall be displayed by the Reserve Bank of India at its Fort, Mumbai Office on February 5, 2010. The payment by successful bidders will be on February 8, 2010, i.e., the date of re-issue. The payment for the Stock will include accrued interest on the nominal value of the Stock allotted in the auction from the date of original issue, i.e., August 17, 2009 to February 17, 2010.

(Department of Economic Affairs)

Interest

(BUDGET DIVISION)

NOTIFICATION

New Delhi, the 28th January, 2010 Interest at the rate of 7.02 per cent per annum will accrue on the nominal value of the Stock from the date of original issue and will be paid half yearly on February 17 and August 17.

By Order of the President of India, Auction for Sale (Re-issue) of '7.02, per cent

SHAKTIKANTA DAS, Jt. Secy.

Government Stock, 2016'

F. No. 4(1)-W&M/2009.- --Government of India

ANNEX

hereby notifies sale (re-issue) of '7.02 per cent Government Scheme for Non-Competitive Bidding Facility in the Auctions of Government Securities Stock, 2016' (hereinafter called 'the Stock') for an aggregate amount of Rs. 3,000 crore (nominal). The sale

will be subject to the terms and conditions spelt out in

this notification (called 'Specific Notification') as also the terms and conditions specified in the General Notification F. No. 4 (13)-W&M/2008, dated October

8, 2008 issued by Government of India.

Method of Issue

The Stock will be sold through Reserve Bank of India,

Mumbai Office, Fort, Mumbai-400 001 in the manner as

prescribed in paragraph 5.1 of the General Notification F. No. 4 (13)-W&M/2008, dated October 8, 2008 by a price based auction using uniform price auction method.

Scope : With a view to encouraging wider participation and retail holding of Government Securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (Gol) Securities. Accordingly, non-competitive bids up to 5 per cent of the notified amount will be accepted in the auctions of dated securities. The reserved amount will be within the notified amount.

Eligibility : Participation on a non-competitive basis w the auctions of dated Gol Securities will be open to investors who satisfy the following :

do not maintain Current Account (CA) or Subsidiary General Ledger (SGL) account with the Reserve Bank of India.

Allotment to Non-competitive Bidders

The Government Stock up to 5% of the notified amount of the sale will be allotted to eligible individuals

and institutions as per the enclosed Scheme for Non- competitive Bidding Facility in the Auctions of Government Securities (Annex).

Exceptions : Regional Rural Banks (RRBs) and Co-operative Banks shall be covered under this Scheme in view of their statutory obligations.

make a single bid for an amount not more than Rs. two crore (face value) per auction.

3. submit their bid indirectly through any one bank

or PD offering this scheme.

4. Place and Date of Auction

The auction will be conducted by Reserve Bank of India, Mumbai Office, Fort, Mumbai-400 001 on February 5, 2010. Bids for the auction should be submitted in electronic format on the Negotiated Dealing System (NDS) on February 5, 2010. The non-competitive bids Exceptions : Regional Rural Banks (RRBs) and Co-operative Banks that maintain SGL account and current account with the Reserve Bank of India shall be eligible to submit their non- competitive bids directly.

HI. Coverage : Subject to the conditions mentioned above, participation on "non-competitive" basis is open to any person including firms, companies, corporate bodies, institutions, provident funds, trusts, and any other entity as may be prescribed by RBI. The minimum amount for bidding will be Rs. 10,000 (face value) and thereafter in multiples in Rs. 10,000 as hitherto for dated stocks.

It will be the responsibility of the bank gy the PD to pass on the securities to their clients. Except in extraordinary circumstances, the transfer of securities to the clients shall be completed within five working days from the date of issue.

IV. Other Operational Guidelines :

The retail investor desirous of participating in the auction under the Scheme would be required to maintain a Constituent Subsidiary General Ledger (CSGL) account with the bank or PI) through whom they wish to participate. Under the Scheme, an investor can make only a single bid in an auction of a dated security. An undertaking to the effect that the investor is making only a single bid will have to obtained and kept on record by the bank or PD.

Each bank or PD on the basis of firm orders received from their constituents will submit a single consolidated non-competitive bid on behalf of all its constituents in electronic format on the Negotiated Dealing System (NDS). Except in extraordinary circumstances such as general failure of the NDS system, non-competitive bid in physical form will not be accepted.

Allotment under the non-competitive segment to the bank or PD will be at the weighted average rate of yield/price that will emerge in the auction on the basis of the competitive bidding. The securities will be issued to the bank or PI) against payment on the date of issue irrespective of whether the bank or PD has received payment from their clients.

In case the aggregate amount of bid is more than the reserved amount (5% of notified amount), pro rata allotment would be made. In case of partial allotments, it will be the responsibility of the bank or PD to appropriately allocate securities to their clients in a transparent manner.

In case the aggregate amount of bids is less than the reserved amount, the shortfall will be taken to competitive portion.

Security would be issued only in SGL form by RBI. RBI would credit either the main SGL account or the CSGL account of the bank or PD as indicated by them. The facility for affording credit to the main SGL account is for the sole purpose of servicing investors who are not their constituents. Therefore, the bank or PD would have to indicate clearly at the time of tendering the non- competitive bids the amounts (face value) to be credited to their SGL account and the CSGL account. Delivery in physical form from the main SGL account is permissible at the instance of the investor subsequently.

11'

The bank or PD can recover up to six paise per Rs. 100 as brokerage/commission/service charges for rendering this service to their clients. Such costs may be built into the sale price or recovered separately from the clients. In case the transfer of securities is effected subsequent to the issue date of the security, the consideration amount payable by the client to the bank or PD would also include accrued interest from the date of issue.

9. Modalities for obtaining payment from clients towards cost of the securities, accrued interest wherever applicable and brokerage/commission/ service charges may be worked out by the bank or PD as per agreement with the client. It may be noted that no other costs such as funding costs should be built into the price or recovered from the client.

V. Banks and PDs will be required to furnish information relating to operations under the Scheme to the Reserve Bank of India (Bank) as may be called for from time to time within the time frame prescribed by the Bank.

. VI. The aforesaid guidelines are subject to review by the Bank and accordingly, if and when considered

necessary, the Scheme will be modified.

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NOTIFICATION

New Delhi, the 28th January, 2010

Auction for Sale (Re-issue) of '6.35 per cent

Government Stock, 2020'

F. No. 4(1)-W & M/2009 (i).—Government of India hereby notifies sale (re-issue) of '6.35 per cent Government

Stock, 2020' (hereinafter called 'the Stock') for an

aggregate amount of Rs. 3,000 crore (nominal). The sale

will be subject to the terms and conditions spelt out in

this notification (called 'Specific Notification') as also

the terms and conditions specified in the General

Notification F. No. 4 (13)-W&M/2008, dated October 8, 2008 issued by Government of India.

Method of Issue

The Stock will be sold through Reserve Bank of India,

Mumbai Office, Fort, Mumbai- 400 001 in the manner as

prescribed in paragraph 5.1 of the General Notification

F. No. 4 (I3)-W&M/2008, dated October 8, 2008 by a price

based auction using uniform price auction method.

Allotment to Non-competitive Bidders

The Government Stock upto 5% of the notified amount of the sale will be allotted to eligible individuals

and institutions as per the enclosed Scheme for Non-

competitive Bidding Facility in the Auctions of Government Securities (Annex).

Place and Date of Auction

The auction will be conducted by Reserve Bank of India, Mumbai Office, Fort, Mumbai-400 001 on February 5, 2010. Bids for the auction should be submitted in electronic format on the Negotiated Dealing System (NDS) on February 5, 2010. The non-competitive bids should be submitted between 10.30 a.m. and 11.30 a.m. and the competitive bids should be submitted between 10.30 a.m. and 12.30 p.m.

When Issued Trading

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Tenure

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The Stock will be of seventeen-year tenure commencing from January 2, 2003. The Stock will be repaid at par on January 2, 2020.

Date of Issue and Payment for the Stock

The result of the auction shall be displayed by the Reserve Bank of India at its Fort, Mumbai Office on February 5, 2010. The payment by successful bidders will be on February 8, 2010, i.e., the date of re-issue. The payment for the Stock will include accrued interest on the nominal value of the Stock allotted in the auction from the date of last coupon payment, i.e., January 2, 2010 to February 7, 2010.

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8. Interest

Interest at the rate of 6.35 per cent per annum will accrue on the nominal value of the Stock from the date of last coupon payment and will be paid half yearly on July 2 and January 2.

7

By Order of the President of India

SHAKTIKANTA DAS, Jt. Secy.

Each Bank or PD on the basis of firm orders received from their constituents will submit a single consolidated non-competitive bid on behalf of all its constituents in electronic format on the Negotiated Dealing System (NDS). Except in extraordinary circumstances such as general failure of the NDS system, non-competitive bid in physical form will not be accepted.

ANNEX

Scheme for Non-Competitive Bidding Facility in the

Auctions of Government Securities

Scope : With a view to encopraging wider participation and retail holding of Government Securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (GoI) Securities. Accordingly, non-competitive bids upto 5 per cent of the notified amount will be accepted in the auctions of dated securities. The reserved amount will be within the notified amount.

Eligibility : Participation on a non-competitive basis in the auctions of dated Gol Securities will be open to investors who satisfy the following :

I. do not maintain Current Account (CA) or Subsidiary General Ledger (SGL) account with the Reserve Bank of India.

Exceptions : Regional Rural Banks (RRBs) and • Co-operative Banks shall be covered under this Scheme in view of.their statutory obligations.

make a single bid for an amount not more than Rs. two crore (face value) per auction.

submit their bid indirectly through any one bank or PD offering this scheme.

Exceptions : Regional Rural Banks (RRBs) and Co-operative Banks that maintain SGL account and current account with the Reserve Bank of India shall be eligible to submit their non- competitive bids directly.

Coverage : Subject to the conditions mentioned above, participation on "non-competitive" basis is open to any person including firms, companies, corporate bodies, institutions, provident funds, trusts, and any other entity as may he prescribed by RBI. The minimum amount for bidding will be Rs. 10,000 (face value) and thereafter in multiples in Rs. 10,000 as hitherto for dated stocks.

Allotment under the non-competitive segment to the bank or PD will be at the weighted average rate of yield/price that will emerge in the auction on the basis of the competitive bidding. The securities will be issued to the bank or PD against payment on the date of issue irrespective of whether the . bank or PD has received payment from their clients.

In case the aggregate amount of bid is more than the reserved amount (5% of notified amount), pro- rata allotment would be made. In case of partial allotments, it will be the responsibility of the hank or PD to appropriately allocate securities to their clients in a transparent manner.

In case the aggregate amount of bids is less than the reserved amount, the shortfall will be taken to competitive portion.

Security would be issued only in SGL form by RBI. RBI would credit either the main SGL account or the CSGL account of the bank or PD as indicated by them. The facility for affording credit to the main SGL account is for the sole purpose of servicing investors who are not their constituents. Therefore, the bank or PD would have to indicate clearly at the time of tendering the non- competitive bids the amounts (face value) to be credited to their SGL account and the CSGL account. Delivery in physical form from the main SGL account is permissible at the instance of the investor subsequently. It will be the responsibility of the bank or the PD to pass on the securities to their clients. Except in extraordinary circumstances, the transfer of securities to the clients shall be completed within five working days from the date of issue.

Other Operational Guidelines :

                                                                   The bank or PD can recover upto six paise per
                                                                   Rs. 100 as brokerage/commission/service charges
                                                                   for rendering this service to their clients. Such
                                                                   costs may be built into the sale price or recovered
1. The retail investor desirous of participating in the            separately from the clients. In case the transfer of
   auction under the Scheme would be required to                   securities is effected subsequent to the issue date
   maintain a Constituent Subsidiary General Ledger                of the security, the consideration amount payable
   (CSGL) account with the bank or PD through                      by the client to the bank or PD would also include
   whom they wish to participate. Under the Scheme,                accrued interest from the date of issue.
   an investor can make only a single bid in an                    Modalities for obtaining payment from clients
   auction of a dated security. An undertaking to                  towards cost of the securities, accrued interest
   the effect that the investor is making only a single            wherever applicable and brokerage/commission/
   bid will have to obtained and kept on record by                 service charges may be worked out by the bank
   the bank or PD.                                                 or PD as per agreement with the client. It may be

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noted that no other costs such as funding costs should be built into the price or recovered from the client. Banks and PDs will be required to furnish information relating tooperations under the Scheme to the Reserve Bank of India (Bank) as may be called for from time to time within the time frame prescribed by the Bank. The aforesaid guidelines are subject to review by the Bank and accordingly, if and when considered necessary, the Scheme will be modified.

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NOTIFICATION

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New Delhi, the 28th January, 2010

.qg. 31i* W GI*4 slfd9 a r 3faa 33r-474

Auction for Sale (Re-issue) of '8.24 per cent Government Stock, 2027'

F. No. 4(1)-W & M/2009(ii).---tio yernment of India # 14TrA fi-f1t 0 71 SIR tlfxrT1 *-4 1)411 *-141744%-ri ilpT F1 fo* ssII II!ir I

Atilt *1 ftw4 4,16 7tT *-47

hereby notifies sale (re-issue) of '8.24 per cent Government Stock, 2027' (hereinafter called the Stock') for an aggregate amount of Rs. 2,000 crore (nominal). The sale rch qf Al q,111 I 9-TIC4q ft44 '4W T(4 zrr

will be subject to the terms and conditions spelt out in PT 3Tm-r SIT2TFIT* 51c-tt * 11car 7TtC17

this notification (called 'Specific Notification') as also the terms and conditions specified in the General Notification F. No. 4(13)-W&M/2008, dated October f-idxica

8, 2008 issued by Government of India.

2. Method of Issue

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The Stock will be sold through Reserve Bank of India, Mumbai Office, Fort, Mumbai- 400 001 in the manner as AHE 6.1 •414 Trivr711 (33f*-ff -17r) 1 Apsa

prescribed in paragraph 5.1 of the General Notification

F. No. 4 (13)-W&M/2008, dated October 8,2008 by a price A Te* 4ir 1w7 4 fir* 394tr -iw:r we gttriraa TEr 4 *1. Tr'

based auction using uniform price auction method.

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7)28 c1.1')\ —3

Allotment to Non-competitive Bidders

The Government Stock up to 5% of the notified

amount of the sale will be allotted to eligible individuals

and institutions as per the enclosed Scheme for Non-

competitive Bidding Facility in the Auctions of Government

Securities (Annex).

Exceptions : Regional Rural Banks (R_Rfiks) and Co-operative Banks shall be covered under this Scheme in view of their statutory obligations.

make a single bid for an amount not more than Rs. two crore (face value) per auction.

Place and Date of Auction

The auction will be conducted by Reserve Bank of India, Mumbai Office, Fort, Mumbai-400 001 on February 5, 2010. Bids for the auction should be submitted in electronic format on the Negotiated Dealing System (NDS) on February 5, 2010. The non-competitive bids should be submitted between 10.30 am. and 11.30 am. and the competitive bids should be submitted between 10.30 a.m. and 12.30 p.m.

submit their bid indirectly through any one bank or PD offering this scheme.

Exceptions : Regional Rural Banks (RRBs) and Co-operative Banks that maintain SGL account and current account with the Reserve Bank of India shall be eligible to submit their non- competitive bids directly.

When Issued Trading

The Stock will be eligible for "When Issued" trading in accordance with the guidelines issued by the Reserve Bank of India.

Tenure

Coverage : Subject to the conditions mentioned above, participation on "non-competitive" basis is open to any person including firms, companies, corporate bodies. institutions, provident funds, trusts, and any other entity as may be prescribed b y RBI. The minimum amount for bidding will he Rs. 10,000 (face value) and thereafter in multiples in Rs. 10,000 as hitherto for dated stocks.

Other Operational Guidelines :

The Stock will be of twenty-year tenure commencing from February 15, 2007. The Stock will be repaid at par on February 15, 2027.

Date of Issue and Payment for the Stock

The result of the auction shall be displayed by the Reserve Bank of India at its Fort, Mumbai Office on February 5, 2010. The payment by successful bidders will be on February 8, 2010, i.e., the date of re-issue. The payment for the Stock will include accrued interest on the nominal value of the Stock allotted in the auction from the date of last coupon payment, i.e., August 15, 2009 to February 7, 2010.

The retail investor desirous of participating in the auction undei. the Scheme would be required to maintain a Constituent Subsidiary General Ledger (CSGL) account with the bank or PD through whom they wish to participate. Under the Scheme, an investor can make only a single bid in an auction of a dated security. An undertaking to the effect that the investor is making only a single bid will have to obtained and kept on record by the bank or PD.

Interest

Interest at the rate of 8.24 per cent per annum will accrue on the nominal value of the Stock from the date of last coupon payment and will be paid half yearly on February 15 and August 15.

By Order of the President of India

SHAKTIKANTA DAS, Jt. Secy.

ANNEX

Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities

Scope : With a view to encouraging wider participation and retail holding of Government Securities it is proposed to allow participation on "non-competitive" basis in select auctions of dated Government of India (Got) Securities. Accordingly, non-competitive bids up to 5 per cent of the notified amount will be accepted in the auctions of dated securities. The reserved amount will be within the notified amount.

Eligibility : Participation on a non-competitive basis in the auctions of dated Got Securities will be open to investors who satisfy the following :

1. do not maintain Current Account (CA) or Subsidiary General Ledger (SGL) account with the Reserve Bank of India.

Each bank or PO on the basis of firm orders received from their constituents will submit a single consolidated non-competitive bid on behalf of all its constituents in electronic format on the Negotiated Dealing System (NDS). Except in extraordinary circumstances such as general failure of the NDS system, non-competitive hid in physical form will not be accepted.

Allotment under the non-competitive segment to the hank or PD will be at the weighted average rate of yield/price that will emerge in the auction on the basis of the competitive bidding. The securities will be issued to the bank or PD against payment on the date of issue irrespective of whether the bank or PD has received payment from their clients.

In case the aggregate amount of bid is more than the reserved amount (5% of notified amount), pro rata allotment would be made. In case of partial allotments, it will be the responsibility of the bank or PD to appropriately allocate securities to their clients in a transparent manner.

171771 77 el fist : 374ftt.T779

I urn

5. In case the aggregate amount of bids is less than

the reserved amount, the shortfall will be taken to

competitive portion.

6 Security would be issued only in SGL form by RBI. RBI would credit either the main SGI, account

or the CSGI. account of the bank or PD as indicated by them. The facility for affording credit to the main SCil . account is for the sole purpose of

servicing investors who are not their constituents. Therefore, the bank or PD would have to indicate

clearly at the time of tendering the non- competitive bids the amounts (face value) to be

credited to their SGL account and the GSGI.

account. Delivery in physical form from the main SGL. account is permissible at the instance of the

investor subsequently.

It will he the responsibility of the bank or the PD to pass on the securities to their clients. Except in extraordinary circumstances, the transfer of securities to the clients shall be completed within live vorking days from the date of issue.

The bank or PD can recover up to six paise per Rs, 100 as brokeragn:ommi_ssion/service charges for rendering this service to their clients. Such

costs may he built into the sate price or recovered separately from the clients. In case the transfer of securities is effected subsequent to the issue. date ofthe security, the consideration amount payable

by the client to the hank or PI) would also include accrued interest from the date of issue.

9. Modalities for obtaining payment from clients

towards cost of the securities, accrued interest. wherever applicable and brokerage/commission/ service charges ma y he worked out by the bank or PD as per agreement with the client. It may be noted that no other costs such as funding costs

should he built into the price or recovered from

the client.

Banks and PM will be required to furnish

information relating to operations under the Scheme to the Reserve Bank of India (Bank) as may he called for from time to time within the time frame prescribed by the Bank

The aforesaid guidelines are subject to review by the Bank and accordingly, if and when considered

necessary, the Scheme will be modified.

Printed by the Manager, Govt. of India Press, Ring Road, Mayoral, New Delhi-Ili/OM and Published by the Controller of Publications, Delhi-1 10054