The Notification of Department of Finance of No. 935/F-2019-04-04849/B-4/4, Dated 23-09-2019

click here for IIIF manifest

rifr{*.qi6 '.gafleqqElt/ oe f 2ot3-2ots."

'ffiq tr€ + eir

30-05-2001."

fu qsilrT

(wqrqrtur)

urfuon t rfirRra

sflfri 4, ui[ le4l

Eqiq orsl uugr, go-cn, fr

FINANCE DEPARTMENT

Mantralaya, Mahanadi Bhawan, Nawa RaipurAtal Nagar

Atal Nagar, the 23rd Septemb er 2019

NOTIFICATION

Chhattisgarh.

ObjectoftheLoan

Methodofissue

institutions subject to a maximum limit of l% of the notified amount for a single bid as per the Revised Scheme for Non-competitive Bidding Facility in the Auctions of State Government Securities of the General Notifi cation (Annexure-Il). 1269 1270 Bdlw.r€{qqd, frci-{ 2d fuf,qr 2ol e Place and Date of Auction

4. The auction will be conducted by the Reserve Bank of India, at its Mumbai Office, Fort, Mumbai-400001 on September 24, 2019. Bids for the auction should be submitted in electronic format, on the Reserve Bank of lndia Core Banking Solution (E-Kuber) system as stated below on September 2 4, 2019 .

(a) The competitive bids shall bo submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10:30A.M. and 12:00 P.M.

O) Thenon-competitivebids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system between l0:30 A.M. and I I :30 A.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 payment by successful bidders will be on September 25,2019.

Methodof Payment

6. Successful bidders will makepayrnentonSeptemberzl,zDlg. before closeof bankinghours by means of cash, bankers cheque/pay order, demand draftpayable at Reserve Bank of India, MumbaiA.{agpur or a cheque drawn on their account with Reserve Bank of India, Mumbai (Fort)Naglur.

Tenure

7. The Stock will be of ⁸-year tenwe. The tenure of the Stock will commence September ²⁵ , ²⁰¹⁹ .

Date of Repayment

8. The loan will be repaid at par on Septemb er 25, 2027 .

Rate of Interest

g. The cut-offyield determined at the auction will be the coupon rate percent per annum on the stock sold at the auction. The interest will be paid March 25 and September 25.

Eligibility of Securities

10. The investrnent in Government Stock will be reckoned as an eligible investrnent in Govemment Securities by banks for the purpose of Statutory Liquidity Ratio (SLR) under Section 24 of the Banking Regulation Act, 1949. The stocks will qualify for the ready forward facility.

By order and in the name of the Governor of Chhattisgarh,

AMITABH JAIN, Additional Chief Secretary.

{am*, gru au +€q qrcfi , B*qJc anr vrc$u grrau, Tfl nqgt s[{il rTm t gFr avr r*T ka - zo r r.