Servants of Knowledge
Chattisgarh Gazette - Extraordinary · Government of Chattisgarh

The Notification of Department of Finance of No. 1741/R-127-04-2020/B-4/4, Dated 10-03-2021

Published 23 March 2021

Department
वित्त विभाग
Type
Extraordinary
Gazette no.
220
Notification no.
No. 1741/R-127-04-2020/B-4/4
Identifier
in.gazette.chhattisgarh.eo.2021-03-23.220
Languages
English, Hindi

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FINANCE DEPARIMENT Mantralaya, Mahanadi Bhawan, Nava RaipurAtal Nagar

Atat Nagar, the l0th March 2021

NOTIFICATION

No.l74llR-l 27-04-2O2O]B-414. - Government of chhattisgarh hereby notifies the sale of chhattisgarh Government stock (Securities) of 0g- year tenure for an aggregate amount of Rs. 1000 crore (Nominal)' The sale will be subject to the terms and coniitions spelt out in this noli?r.ution (called specific notification) as also the terms and conditions specified inthe GeneralNotificationNo.4 6gF-04-o484glo4/B4l2ol9 datedJuly 05,2019 ofGovernment of Chhattisgarh.

Object ofthe l,oan

1. (i) 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 Article 293 (3) of the Constitution of India'

Method of issue

2. Government Stock will be sold through the Reserve Rank of India, Mumbai offrce (PDo) Fort' Mumbai-40006i uv uu"tion in the manrier as prescribed in paragraph 6.1 of the General Notification No.46gff-04 44g4gl04lB-4l20lgdatedhulyos,20t9 at acouponiatetobedeterminedbythe Reserve Bank of Indiaattheyieldbasedauctionundermultiplepriceformats.

Allotment to Non-competitive Bidders3. The Government Stock up to l0% of the notified amount of the sale will be allotted to eligible individuals and institutions subject to a maximum limit of 1% of the notified ount for a single bid as per the sed Scheme for Non-competitive Bidding Facility in the , friiio23crd2021 440 Place and Date ofAuction

4. The auction will be conducted by the Reserve Bank of India, at its Mumbai Office, Fort, Mumbai-400001 on March 16,2021. 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 16,2021'

(a) The competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) systembetween l0:30 A'M' and l1:30A'M'

O) Thenon-competitivebids shall be submitted electronically on the Reserve Bank of India Core Banking Solution @-Kuber) systembetween 10:30A.M' and l1:00A.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 17 ,2021 '

Methodof PaYment

'2021 ' Rateof lnterest

Eligibility of Securities

ALARMELMANGAI D., Secretary.

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Cite this issue. Chattisgarh Gazette - Extraordinary, Government of Chattisgarh, 23 March 2021. Indian Gazettes, https://egazette.servantsofknowledge.in/details/in.gazette.chhattisgarh.eo.2021-03-23.220/. Archive identifier in.gazette.chhattisgarh.eo.2021-03-23.220.