The Notification of Department of Finance of No. 1033/03559/B-4/4/2018, Dated 01-11-2018.

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FINANCE DEPARTMENT

Mantralaya, Mahanadi Bhawan, Atal Nagar, Raipur

Atal Nagar, the I 2th October 201 8

NOTIFICATION

No.1033/0355918-41412018.

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Government of Chhattisgarh hereby notifies the sale of Chhattisgarh Government Stock (Securities) of 02- year tenure for an aggregate amount of Rs. 1000 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 NotificationNo.450lL-1l2lB-414107 dated July20,2007 of Governrnent of Chhattisgarh.

Object of the Loan

(D

t. The Loan is required for Financing Development Schemes.

(iD

ConsentofCentral Governmenthasbeenobtainedtothefloatationof thisLoan as required by Article 293 (3) ofthe Constitution of India.

lVlethod of issue

Covernment Stock will be sold through the Reserve Bank of India, Mumbai Office (PDO) For1, Murnbai-400001 by auction in the manner as prescribed in paragraph 6.1 of the General Notification No.450/L-1l2lB-414107 dated July 20,2001 at acouponratetobedeternrinedbytheReserveBankof India at the yield based auction under multiple price fbrmats.

Allotment to Non-competitive BiddersThe Government Stock up to l0% of the notified amount of the sale will be allotted to eligible individuals and institutions subject to a maxin.turn limit of I % of the notifled amount for a single bid as per the }levised Scherne firr Non-competitive Bidding Facility in the Auctions of State Government Securities,;l the Gcneral tl- ot i tlcat i on ( Annexure- I I ).

4. 'Ihe auction willbe conducted by the Reserve Bank of India, at its Mumbai Office, Fort, Mumbai-⁴⁰⁰⁰⁰ I on October 16, 2018. Bids for the auction should be submiued in electronic format, on the Reserve Bank of IndiaCoreBankingSolution(E-Kuber)systemasstatedbelowonOctoberl6,20lS.

(a) The competitive bicls shalt be submitted electronically on the Reserve Bank of lndia Core Banking Solution (E-Kuber) system between 10:30A.M. and 12:00 P.M.

(b) Thenon-competitivebids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system befween 10:30 A.M" and 1 1:30 A.M.

Result of theAuction

5. The result of the action shall be displayed by the Reserve Bank of India on its website on the same day. The payment by successful bidders will be on October 17, 2018.

Method of Payment

6. Successful bidders will make payment on October ¹¹ ,2018 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 (Fofi),Atragpur.

Tenure

8. The loanwill berepaid atparon October ll, 2020.

Rate ofln(erest

Eligibility of Securities