Madhya Pradesh hereby notifies the sale of Madhya Pradesh Government Stock (Securities).

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Bhopal, the 13rt March 2025

No- F-l-l-²O²⁴-²⁵-B-Ol-DMC-IV.-Government of Madhya Pradesh hereby notifies the sale of Madhya Pradesh Government Stock (Securities) of 7-Year tenure for an aggregate amount of Rs. 2fiX) Crore (Nominal). The sale will be subject to the terms and conditions spelt out in this notification (called specific notifrcation) as also the terms and conditions specified in the General Notification No. L-l-l-2007-B-7-IV, dated July 2O,2W7 of Government of Madhya Pradesh.

Object of the Loan :

l. (i) The proceeds of the loan will be utilized for financing productive development programs and projects to be implemented in the State.

(ii) Consent of Central Government has been obtained to the floatation of this loan as required by Article 293(3) of the Constiturion of India.

Method of Issue :

159

Allotment to Non-competitive Bidders :

3. The Government Stock up to lOTo of the notified amount of the sale will be allotted to eligible individuals and institutions subject to a maximum limit of l7o of the notified amount for a single bid as per the Revised Scheme for Non-competitive Bidding Facility in the Auction of State Government Securities of the General Notifi cation (Annexure-Il).

Place and Date of Auction :

4. The auction will be conducted by the Reserve Bank of India, at its Mumbai Office, Fort, Mumbai-⁴@ ⁰⁰¹ on March 18, 2025. 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 18,2025 :-

(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. to 11.30 A. M.

(b) The non-competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) System between f030 A.M. to ll.fi) A. M.

Result of the Auction :

5. The result of the auction 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 19,2025.

Method of Payment :

6. Successful bidders will make payments on March 19,2025 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) / Nagpur.

Tenure :

7. The Stock will be of 7-Year tenwe. The tenure of the Stock will commence on March 19.2U5.

Date of Repayment :

8. The loan will be repaid at par on March 19,2032.

Rate of Interest :

9. The cut-off yield determined at the auction will be the coupon rate percent per annum on the Stock sold at the auction. The interest will be paid on September 19 and March 19.

Eligibility of Securities :

10. The investment in Government Stock will be reckoned as an eligible investment in Government Securities by banks for the purpose of Statutory Liquidity Ratio (SLR) under section 24 of the Banking Regulation Act, 1949. The Stock will qualifv for the readv forward facilitv.

By order and in the name of the Governor of Madhya Pradesh,

TANVI SUNDRIYAL, Director Budsel

Auction of 07 Year Madhya Pradesh Government Stock (Securities)

PRESS COMMUNIQUE

Bhopal, the l3'h March,2O25

(Financial and Budgetary Position of the Government of Madhya Pradesh)

Government of Madhya Pradesh has offered to sell the dated securities of 07 Year tenure by auction for an aggregate amount of Rs. 2000 Crore, Government of Madhya Pradesh.

Securities will be issued for a minimum nominal amount of Rs. 10,000 and multiples of Rs. 10,000 thereafter. Auction will be conducted by Reserve Bank of India at Mumbai Office (Fort) on March 18,2025.

Interested persons may submit bids in the prescribed form obtainable from the Chief General Manager, Reserve Bank of India, Mumbai Office, Fort, Mumbai and submitted in a electronic format dated March 18,2025. On the Reserve Bank of India Core Banking Solution (E-Kuber) Systems between 10:30 A. M. and 11:30 A.M.

The yield per cent. per annum expected by the bidder should be expressed up to two decimal points. An investor can submit more than one bid at different rates of yield but a separate application should be submitted for each bid. The aggregate amount of bids submitted by a person should not exceed the notified amount.

The result of auction will be displayed at the offices of Reserve Bank of India, Fort, Mumbai March 19,2025. Successful bidders should deposit the price amount of stock covered by their bids by means of a Bankers Cheque or Demand Draft payable at RBI, Mumbai (Fort) / Nagpur on March 19, 2025, before the close of banking hows.

The Madhya Pradesh Government Stock will bear interest at the rate determined by RBI at the auction. Interest will be paid half yearly on September 19 and March 19. The stock will be governed by the provisions of Public Debt Act. 1944 and the rules made there under.

Terms and conditions for issue of Madhya Pradesh Government Securities are contained in Finance Departnents Notification N.F-I-I/20I3IB-O7|D.M.C./IV, Bhopal, Date July 20, 2W'7, published in the Extraordinary issue of "Madhya Pradesh Gazette" of the date, Copies of which with the application form are obtainable at the Receiving offices mentioned above.

²:. The following review of the financial and budgetary position of the Government of Madhya Pradesh is published for the information of the intending investors.

REVENUE POSITION

The revenue receipts and expenditure on revenue account and the revenue surpluVdeficit for the yearc 2022-23 and 2023-24 are as follows:-

(Rs. In crore)

Accounts Revised Estimate

Revenue Receipts

Revenue Expenditure

Revenue Surplus (+)/Deficit(-) 2022-2023 2023-2024 203986.19 23t733.28 199895.28 23t112.34 (+) 4090.91 (+) 620.94

The above figures include expenditure on Revenue Account on development schemes.

DEBT POSITION

The debt position of the Government of Madhya Pradesh as on 3l't March, 2024 ( Revised Estimate) was as follows:-

Nature of Debt

Amount of Debt as on

3t-03-2024 RE

Market Loans

2348t2.63

Compensation and other Bonds (Including Power Bonds)

5888.44

Loans from Financial Institution

t5248.01

Loans and Advances from the Central Government

620t2.72

Other Liabilities

19195.00

Special Securities issued to National Small Savings

3842r.73 Fund of the Central Government.

Total Debt : 375578.52

The loans taken from financial institutions (NABARD, LIC, GIC, NCDC etc.) have been utilized for creation of permanent assets and strengthening / development of Co-operative institutions.

Loans from the Government of India.-These are loans sanctioned by the Government of India from time to time for capital expenditure on productive schemes such as Agriculture Schemes, Irrigation and Power Projects, Community Development Projects etc. and for creation of other permanent assets.

Provident Fund.-This comprises the provident fund balance of Government Servants.

Deposits bearing interesl-This comprises accumulation in the Fund out of subscription made to it by Government Servants under Government Servant Family Benefit Fund Scheme and deposits kept by other institution.

ASSETS OF TIIE GOVERNMENT

All the loans taken from the Government of India or from other sources have been mainly utilised for development of the State and for the creation of remunerative assets, such as construction of irrigation dams, canals, tanks, wells etc., improvement of communications, transport service, investment in the share capital of Co-operative Banks and other Co-operative Societies for the grant of loans to third parties like cultivators, local bodies, etc., who will repay the loan with interest in instalments and loans to the Power generation, Power transmission and Power distribution Companies of the Energy Department of Madhya Pradesh. Though no actual assessment has been made of the value of the physical assets of the State Government, it can be safely assumed that it far exceeds the State's outstandins liabilities.

TANVI SUNDRIYAL, Director Budget.

Bhopal, the l3h March 2025

No. F-l-l-²⁰²⁴-²⁵-B-⁰¹-DMC-IV.-Government of Madhya Pradesh hereby notifies the sale of Madhya Pradesh Government Stock (Securities) of 2l-Year tenure for an aggregate amount of Rs. 20O0 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. L-l-l-2OOl-B-1-IY, date.d July 20,2007 of Govemment of Madhya Pradesh.

Object of the Loan :

l. (i) The proceeds of the loan will be utilized for financing productive development programs and projects to be implemented in the State.

(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 :

4. The auction will be conducted by the Reserve Bank of India, at its Mumbai Office, Fort, Mumbai-⁴O^{0 001} on March ¹⁸, 2025. 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 18,2025.

Result of the Auction :

6' Successful bidders will make payments on March 19, 2025 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) / Nagpur.

Tenure :

7- The Stock will be of 2l-Yeartenure. The tenure of the Stock will commence on March 19.2025. Date of Repayment :

8. The loan will be repaid at par on March 19,20/i6.

Rate of Interest :

9. The cut-off yield determined at the auction will be the coupon rate percent per annum on the Stock sold at the auction. The interest will be paid on September 19 and March 19.

Eligibility of Securities :

10. The investment in Government Stock will be reckoned as an eligible investment in Govemment Securities by banks for the purpose of Statutory Liquidity Ratio (SLR) Under Section 24 of the Banking Regulation Act, 1949. The stock will qualify for the ready forward facility.

By order and in the name of the Governor of Madhya Pradesh,

TANVI SUNDRIYAL, Director Budget.

Auction of 21 Year Madhya Pradesh Government Stock (Securities)

PRESS COMMUMQTIE

N. F- r- l/202 +25t8-O7 |D.M.C./rV/

Bhopal, the l3o March,2O25

(Enancial and Budgetary Position of the Government of Madhya Pradesh)

Government of Madhya Pradesh has offered to sell the dated securities of 21 Year tenure by auction for an aggregate amount of Rs. 2fiX) crore, Government of Madhya Pradesh.

Securities will be issued for a minimum nominal amount of Rs. 10,000 and multiples of Rs. 10,000 thereafter. Auction will be conducted by Reserve Bank of India at Mumbai Office (Fort) on March 18,2025.

Interested persons may submit bids in the prescribed form obtainable from the Chief General Manager, Reserve Bank of India, Mumbai Office, Fort, Mumbai and submitted in a electronic format dated March B, ZOZS. On the Reserve Bank of India Core Banking Solution @-Kuber) Systems between 10:30 A.M. and 11:30 A.M.

The yield per cent. per annum expected by the bidder should be expressed up to two decimal points. An investor can submit more than one bid at different rates of yield but a separate application should be submitted for each bid. The aggregate amount of bids submitted by a person should not exceed the notified amount.

The result of auction will be displayed at the offices of Reserve Bank of India, Fort, Mumbai March 19, ²⁰²⁵. Successful bidders should deposit the price amount of stock covered by their bids by means of a Bankers Cheque or Demand Draft payable at RBI, Mumbai (Fort) / Nagpur on March 19,2025, before the close of banking hours.

The Madhya Pradesh Government stock will bear interest at the rate determined by RBI at the auction. Interest will be paid half yearly on September 19 and March 19. The stock will be governed by the provisions of Public Debt Act, 1944 and the rules made there under.

Terms and conditions for issue of Madhya Pradesh Government Securities are contained in Finance Departrnents Notification N.F-I-I/2013/B-07/D.M.C./IV, Bhopal, Date July 20,2007, published in the Extraordinary issue of "Madhya Pradesh Gazette" of the date, Copies of which with the application form are obtainable at the Receiving offices mentioned above.

2. The following review of the financial and budgetary position of the Government of Madhya Pradesh is published for the information of the intending investors.

REVENUE POSITION

The revenue receipts and expenditure on revenue account and the revenue surplus/deficit for the years 2022-23 and 2023-24 are as follows:-

Revenue Receipts

Revenue Expenditure

Reyenue Surplus (+)/DeficitG)

(Rs. In crore)

Accounts Revised Estimate

2022-2023

2U3-2024

203986.r9

23t733.28

t99895.28

23t112.34

(+) 4090.91 (+\ 62O.94

The above figures include expenditure on Revenue Account on development schemes.

DEBT POSITION

The debt position of the Government of Madhya Pradesh as on 31" March, 2024 ( Revised Estimate) was as follows:-

Nature of Debt

Market Loans

Compensation and other Bonds (Including Power Bonds)

Loans from Financial Institution

Loans and Advances from the Central Government

Other Liabilities

Special Securities issued to National Small Savings Fund of the Central Government.

Amount of Debt as on 31-03-2024 RE

2348t2.63

5888.44

15248.Or

62012.72

19195.00

3842t.73

Total Debt : 375578.52

The loans taken from financial institutions (NABARD, LIC, GIC, NCDC etc.) have been utilized for creation of permanent assets and strengthening / development of Co-operative institutions.

Loans from the Government of India.-These are loans sanctioned by the Government of India from time to time for capital expenditure on productive schemes such as Agriculture Schemes, Inigation and Power Projects, Community Development Projects etc. and for creation of other permanent assets.