'ffi{r +€ + er<nfa sro gat

irrq urrdr{(fm eroEo-a)+ isur

fu ^{qm. rqi6 S.z-zz-u*vrc}

rva / rr ft. t. M, fus

30-os-2oor."

rifu{*,,qifi

' ^lu*

/gt/ ^ot f ^{zott - zo t s."}

fu1l\rrrFt

(wsrqnur)

qrfufiR t rfirftd

$qis ror l

rn$, SEr+R, frqifi re ^qrd zozo -sroji

28, uir le4t

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 Bidders

3.

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

338

EdqrT6{qqd, ffis r8cld 2o2o

I 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

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

Banking Solution @-Kuber) system between 10:30 A.M. and I I :30 A.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

payment by successful bidders will be on March 18, 2020.

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.

Tenure

7.

The Stock will be of lO-yeartenure. The tenure ofthe Stock will commence March 18, 2020.

Date of Repayment

8.

The loanwillberepaidatparonMarch 18, 2030.

Rate of Interest

9.

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 September l8 and March 18.

'Eligibility of Securities

10.

The invesfrnent in Government Stock will be reckoned as an eligible inves0nent in Government 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.

tqrfr$,Elurftrtiffi {rcm,y+fl ^{qanrvrsff qgaqrm,sdn<ln,rrqgrigfiaawr+rka-zozo.}