The Notification of Department of Finance of No. 1381/F-2019-04-04849/B-4/4, Dated 02-12-2019

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FINANCE DEPARTMENT Mantralaya, Mahanadi Bhawan, Nawa RaipurAtal Nagar

Atal Nagar, the 2nd December2}l9

NOTIFICATION

No.l38l/F-2019-04-0484918-4/4.

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Government of Chhattisgarh hereby notifies the sale of Chhattisgarh Govemment Stock (Securities) of 08- year tenure for an aggregate amount of Rs. 2000 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.469/F-04-04849/0418-4l2019datedJuly05,2019 ofGovemmentof Chhattisgarh.

ObjectoftheLoan

t. (r) The Loan is required for Financing Development Schemes.

(il) Consent of Central Government has been obtained to the floatation of this Loan as required by Article 293 (3) of the 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 manner as prescribed in paragraph 6.1 of the General Notification No. 469lF-04 -A4849104/B'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 Bidders3. The Government Stock up to llYo of the notified amount of the sale will be allotted to eligible individuals and institutions subject to a maximum limit of I % 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). I 653

4. The auction will be conducted by the Reserve Bank of India, at its Mumbai Office, Fort, Mumbai-400001 on DecemberO3,2019. 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 December ⁰³ , ²⁰¹⁹.

(a) The competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system between l0:30A.M. and l2:00 P.M.

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

Result of the Auction

j 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 December 04, 2019.

Method of Payment

6. Successful bidders will make payment on December 04,2019. before close of banking hours by means of cash, bankers cheque/pay order, demand draft payable at Reserve Bank of India, MumbaiA.{agpur or a cheque drawn on their account with Reserve Bank of India, Mumbai (Fort)Nagpur.

Tenure

Rate of Interest

Eligibility of Securities

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

AMITABH JAIN, Additional Chief Secretary.