Servants of Knowledge
Chattisgarh Gazette - Extraordinary · Government of Chattisgarh

The Notification of Department of Finance of No. 1776/R-127-04-2020/B-4/4, Dated 18-03-2021

Published 23 March 2021

Department
वित्त विभाग
Type
Extraordinary
Gazette no.
225
Notification no.
No. 1776/R-127-04-2020/B-4/4
Identifier
in.gazette.chhattisgarh.eo.2021-03-23.225
Languages
English, Hindi
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FINANCE DEPARTMENT Mantralaya, Mahanadi Bhawan, Nava Raipur Atal Nagar

Atal Nagar, the 18th March 2021

NOTIFICATION

l.(i)TheLoanisrequiredforFinancingDevelopmentSchemes.

Method of issue

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 l%.of the notified amount for a single bid as per the Revised Scheme for l.ton-comietitive Bidding Facility in the Auctions of State Government Securities of the General Notifi cation (Annexure-Il). ufurq{srq{, ftii6 16Pjdzozt Place and Date ofAuction

4. The auction will be conducted by the Reserve Bank of India, at its Mumbai OfIice, Fort, Mumbai-400001 on Mareh 23,2021. 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 23,2021 '

(a) The competitive bids shall be submitted electronically on the Reserve Bank of lndia Core Banking O) Thenon-competitivebids shall be submitted electronically on the Reserve Bank of India Core- Banking solution (E-Kuber) system between 10:30 A.M. and I l:00 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 24,2021'

Methodof PaYment

6. Successful bidders will make payment on March 24,2021. before close of banking hours by means ;i.^fr,L-rcrscheque/payord.r,herourddraftpayableat Reserve Bank of India, MumbaiA'{agpur or a cheque drawn on their aciount with Reserve Bank of India, Mumbai (Fort)Nagpur.

Tenure

7. The Stock will be of 08-year temre. The tenure of the Stock will commence March 24,2021 ' DateofRePaYment

8. The loanwillberepaidatparonMarch 24,2029'

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 Eligibility of Securities

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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.2021-03-23.225/. Archive identifier in.gazette.chhattisgarh.eo.2021-03-23.225.