'ffiq tr€ + eir<rfa em got

irr( g{dH(frqr erfift$u )+ iqor

fu ^{qm. xqi{*.2-zz-ffiq}

rra / ss ft. t. ftr$, fu-{

30-05-2001."

rifr{*.qi6

'.gafleqqElt/ oe f 2ot3-2ots."

fu

qsilrT

(wqrqrtur)

urfuon t rfirRra

Eqiq orsl

uugr, go-cn, fr<io zo ftrqt zors -

sflfri 4, ui[ le4l

FINANCE DEPARTMENT

Mantralaya, Mahanadi Bhawan, Nawa RaipurAtal Nagar

Atal Nagar, the 23rd Septemb er 2019

NOTIFICATION

No.935/I-2019-04-04849/B-4/4. -

Government of Chhattisgarh hereby notifies the sale of Chhattisgarh

Government Stock (Securities) of 08- 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

conditionsspecifiedintheGeneralNotificationNo.46gF-04-04849/0418-4l2}lgdatedJuly05,20lgofGovernmentof

Chhattisgarh.

ObjectoftheLoan

l.

(D

The Loan is required for Financing Development Schemes.

(D

Consent of Central Government has been obtained to the floatation of this Loan as required by

Article293 (3) ofthe Constirution of India.

Methodofissue

2.

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. 469lF-04 -0484910418-412019 dated,luly 05,2019 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.

The Government Stock up to lTo/oof the notified arnount of the sale will be allotted to eligible individuals and

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.