EXTRAORDINARY

PUBLISHED BY AUTHORITY

No. 208 CUTTACK, FRIDAY, JANUARY 25, 2019/MAGHA 5, 1940

FINANCE DEPARTMENT

PRESS COMMUNIQUE

The 25th January, 2019

It is notified for general information that the outstanding balance of 8.00% Odisha

State Development Loan 2019 issued in terms of the Government of Odisha, Finance

Department Notification No.4137-FIN-BUD3-PD-17/2012/F, dated the 20th February,

2015, will be repaid at par on 25th February, 2019 with interest due up to and including

24th February, 2019. In the event of a holiday being declared on the aforesaid date by any

State Government under the Negotiable Instruments Act, 1881, the loan will be repaid by

the paying offices in that State on the previous working day. No interest will accrue on the

loan from and after 25th February, 2019.

2. As per sub-regulation 24 (2) and 24 (3) of Government Securities Regulations,

2007 payment of maturity proceeds to the registered holder of Government Security held

in the form of Subsidiary General Ledger or Constituent Subsidiary General Ledger

account or Stock Certificate shall be made by a pay order incorporating the relevant

particulars of his bank account or by credit to the account of the holder in any bank having

facility of receipt of funds through electronic means. For the purpose of making payment in

respect of the securities, the original subscriber or the subsequent holders of such a

Government Securities, as the case may be, shall submit to the Bank or Treasury and

Sub-Treasury or branch of State Bank of India, where they are enfaced / registered for

payment of interest, as the case may be, the relevant particulars of their bank account.

3. However, in the absence of relevant particulars of bank account/ mandate for

receipt of funds through electronic means, to facilitate repayment on the due date, holders

of 8.00% Odisha State Development Loan 2019, should tender their securities at the

Public Debt Office, 20 days in advance. The securities should be tendered for repayment,

duly discharged on the reverse there of as under:—

2

“Received the Principal due on the Certificate”.

4. It should be particularly noted that at places where the treasury work is done by a

branch of the State Bank of India, the securities, if they are in the form of Stock

Certificates, should be tendered at the branch of the bank concerned and not at the

Treasury or Sub-Treasury.

5. Holders who wish to receive payment at places other than those where the

securities have been enfaced for payment should send them duly discharged to the Public

Debt Office concerned by Registered and Insured Post. The Public Debt Office will make

payment by issuing a draft payable at any Treasury / Sub-Treasury or branch of State

Bank of India conducting Government Treasury work in the State of Odisha.

A.K. K. MEENA

Principal Secretary to Government

Printed and published by the Director, Printing, Stationery and Publication, Odisha, Cuttack-10

Ex. Gaz. 2159-173+10