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DEPARTMENT OF FINANCE
Mantralaya, Mahanadi Bhawan, Nava Raipur Atal Nagar
Atal Nagar, the 9th September 2024
SPECIFIC NOTIFICATION
No./3411/R-14-04-2021/B-4/4. – Government of Chhattisgarh hereby notifies the sale of Chhattisgarh
Government Stock (securities) of 06-year tenure for an aggregate amount of Rs.1,000 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. 1926/03559/04/B-4/4/17 dated March 11, 2019 of
Government of Chhattisgarh.
Object of the Loan
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 Bank of India, Mumbai Office (PDO) Fort, Mumbai-
400 001 by auction in the manner as prescribed in paragraph 6.1 of the General Notification No.
1926/03559/04/B-4/4/17 dated March 11, 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 Bidders
3.
The Government Stock up to 10% 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 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 Notification (Annexure – II).
Place and Date of Auction
4.
The auction will be conducted by the Reserve Bank of India, at its Mumbai Office, Fort, Mumbai - 400
001 on September 24, 2024. 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 September 24, 2024.
(a)
The competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking
Solution (E-Kuber) system between 10:30 A.M. and 11.30 A.M.
1133
