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Mantralaya, Mahanadi Bhawan, Naya Raipur
Naya Raipur, the I st March 201 8
No"176410355918-41412018.
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ObjectoftheLoan
Method of issue
- Government Stock will be sold through the Reserve Bank of India, Mumbai Office (PDO) Fort, Mumbai-400001 by auction in the manner as prescribed in paragraph 6.1 of the General Notification No.450/L-ll2lB-4l4l0l dated July 20,2007 at acouponratetobedeterminedbytheReserveBankof India at the yield based auction under multiple price formats. Allotment to Non-competitive BidderS ↩
4. The auction will be conducted by the Reserve Bank of India, at its Mumbai Office, Fort, Mumbai-400001 on March 6, 2018. Bids for the auction should be submitted in electronic format, on the Reserve Bank of India Core Banking Solution (E-Kuber) system as stated below on March 6, 2018.
(a) The competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10:30A.M. and l2:00 P.M.
(b) The non-competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) systembetween l0:30A.M. and l1:30A.M.
Result oftheAuction
5. The result of the action shall be displayed by the Reserve Bank of India on its website on the same day. The pay'ment by successful bidders will be on March 7 , 2018.
Method of Payment
6. Successful bidders will make payrnent on March 7, 2078 before close of banking hours by means of cash, bankers cheque/pay order, demand draft payable at Reserve Bank of India, Mumbai,Nagpur or a cheque drawn on their account with Reserve Bank of India, Mumbai (Fort),AJagpur.
Tenure
Rate oflnterest
Eligibility of Securities