Servants of Knowledge
Chattisgarh Gazette - Extraordinary · Government of Chattisgarh

The Notification of Department of Finance of No. 1870/03559/B-4/4/2018, Dated 28-02-2019

Published 05 March 2019

Department
वित्त विभाग
Type
Extraordinary
Gazette no.
75
Notification no.
No. 1870/03559/B-4/4/2018
Identifier
in.gazette.chhattisgarh.eo.2019-03-05.75
Languages
English, Hindi

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FINANCE DEPARTMENT Mantralaya, Mahanadi Bhawan, Atal Nagar, Raipur

Atal Nagar, the 28th February 20 l9

NOTIFICATION

No.lg70/035 5glB-4l4l2olg. -

Government of chhattisgarh hereby notifies the sale of chhattisgarh Govemment Stock (Securities) of 03- year tenure for an aggregate amount of Rs. 750 crore (Nominal)' The sale will be subject to the terms and coniitiors spelt out in this notifiruiion (called specific notification) as also the terms and

ofGovemmentofchhattisgarh' conditionsspecifiedintheGeneralNotificationNo.45oll--ll2lB-4l4lo7dated'Jtt\y20,2007

Object ofthe toan

(il) Consent of Central Government has been obtained to the floatation of this Loan as required by Article 293 (3) ofthe Constitution of India'

Method of issue

2. Government Stock will be sold through the Reserve Bank of India, Mumbai office (PDo) Fort, Mumbai-400001 by auction in the mann-er as prescribed in paragraph 6.1 of the General Notification No. 450/L-ll 2lB-4i4loi dated July 20,2001 at a coupon rate to be determined by the Reserve Bank of India at the yield based auction under multiple price formats'

Allotment to Non-competitive Bidders

3.TheGovemmentStockuptol0%ofthenotifiedamountofthcsa}e

rvill be allottecl to eligible individuals and lor a single bid as per the Revised Scheme Govenrment Securities of the Generalinstitutions subject to a maximum limit of I % ofthe notified amoLlnt forNon-competitiveBiddingFacilityintheAuctionsofState Notifi cation (Annexure-l I). 149

sffierrd{rqq{, ftqis s{rd 20l9 150 Place and Date of Auction

4" The auction will be conducted by the Reserve Bank of lndia, at its Mumbai Office, Fort, Mumbai-400001 on March05,201g. 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 05, 2019.

(a) The competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) systembetween 10:30A'M' and l2:00 P'M'

(b) Thenon-competitivebids shall be submitted electronically on the Reserve Bank of India Core BankingSolution(E.Kuber)systembetweenl0:30A.M.and11:30A.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 Rate of Interest

Eligibility of Securities

AMITABH JAIN. Additional Chief Secretary{iqrdm, giur ftr AEn gtqtj, itssrrE sr{r rysfr-a gpnaa, id-d qm, nqr i gBa aai rr+ifua - zo t q'

Cite this issue. Chattisgarh Gazette - Extraordinary, Government of Chattisgarh, 05 March 2019. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.chhattisgarh.eo.2019-03-05.75/. Archive identifier in.gazette.chhattisgarh.eo.2019-03-05.75.