The Notification of Department of Finance of No. 1960/F-2019-04-04849/B-4/4, Dated 12-03-2020

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FINANCE DEPARTMENT Manfralaya, Mahanadi Bhawan, Nava RaipurAtal Nagar

Atal Nagar, the l2th March 2020

NOTIFICATION

No.l960/F-2 Olg-04-O484glB-4/4.- Government of Chhattisgarh hereby notifies the sale of Chhattisgarh Government Stock (Securities) of l0- 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 Notification No. 4698-04-04849104/B-412019 dated July 05, 2019 of Government of Chhattisgarh.

ObjectoftheLoan

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

(ii) Consent of Central Government has been obtained to the floatation of this Loan as required by Article293 (3) ofthe Constitution of India.

Method of issue

2. Govemment Stock will be sold through the Reserve Bank of tndia, Mumbai Office (PDO) Fort, Mumbai-400001 by auction in the manner as prescribed in paragraph 6.1 of the General Notification No.469iF-04-04849/0418-412019 dated July 05,2019 at acouponratetobedeterminedbytheReserveBank of India at the yield based auction under multiple price formats.

Allotment to Non-competitive Bidders3. The Government Stock up to 10% ofthe notified amount of the sale will be alloffed to eligible individuals and institutions subject to a maximum limit of lYo ofthe 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). 337

4. The auction will be conducted by the Reserve Bank of India, at its Mumbai Office, Fort, Mumbai-400001 on March 17,2020. 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 17, 2020.

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

(b) The non-competitive bids shall be submitted electronically on the Reserve Bank of India Core Result of theAuction

Methodof Payment

6. Successful bidders will make payment on March 18,2020. 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 (Fort)A{agpur.

8. The loanwillberepaidatparonMarch 18, 2030.

Rate of Interest

'Eligibility of Securities

AMITABH JAIN, Additional Chief Secretary.