Registered with the Registrar of Newspapers for India under No. 10410
La Gazette de L' État de Poudouchéry The Gazette of Puducherry
PART - I
➢ EXTRAORDINAIRE EXTRAORDINARY
Published by ➢ Publiée par ➢ Autorité Authority ▪ 2024 } | 19 {
No. 155 Poudouchéry Jeudi 19 Décembre 2024 (28 Agrahayana 1946) No. Puducherry Thursday 19th December 2024
GOVERNMENT OF PUDUCHERRY
CHIEF SECRETARIAT
FINANCE DEPARTMENT (WAYS AND MEANS)
[G.O. Ms. No. 54/FD(W&M)/2024-25, Puducherry, dated 19th December 2024]
NOTIFICATION
The Lie utenant-Gover nor as Administ rato r of t he Union terri tory of P uducher ry, her eby noti fies the sale of Puducherry Government Stock (Securities) of 11 year tenure for an aggregate amount of 125 crore (Rupees one hundred and twenty-five crore only) [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 in G.O. Ms. No. 1/FD(W&M)/2008, dated January 8, 2008 of the Finance Department (Ways and Means), Government of Puducherry.
[ 1003 ]LA GAZETTE DE L'ETAT [ PART-I 1004 1004 Object of the loan.— (i) The proceeds of the loan will be utilized for Financing Capital/Revenue Expenditure and other Developmental Schemes under execution;
(ii) The borrowing is in exercise of the powers conferred on the Administrator of the Union territory of Puducherry under section 48A of the Government of Union Territories Act, 1963, as amended with effect from May 10, 2006 and in accordance with the terms and conditions imposed by the Government of India for such borrowing.
2. Method of issue.— 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 in G.O. Ms. No. 1/FD(W&M)/2008, dated January 8, 2008 at a coupon rate to be determined by the Reserve Bank of India at the yield based auction under multiple price formats.
3. Allotment to Non-competitive bidders.— 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 the Union Territory Government Securities of the General Notification (Annexure-II).
4. Place and date of auction.— The auction will be conducted by the Reserve Bank of India, at its M umbai Office, Fort , M umba i-400 00 1 on December 24, 2024. Bids for the auct ion should be submit ted in electronic format, on the Reserve Bank of India Core Banking Solution (E-Kuber) system as stated below on December 24, 20 24.
(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.
(b) The Non-competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10.30 a.m. and 11.00 a.m.
5. Result of the auction.— 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 December 26, 2 02 4.
6. Method of payment.— Successful bidders will make payments on December 26, 20 2 4 before close of banking hours by means of Cash, Banker's Cheque/Pay Order, Demand Draft payable at Reserve Bank of India, Mumbai/Chennai or a Cheque drawn on their account with Reserve Bank of India, Mumbai (Fort)/Chennai.
7. Tenure.— The stock will be of 11 year tenure. The tenure of the stock will commence on December 26, 2024.
8. Date of repayment.— The loan will be repaid at par on December 26, 2035.
9. Rate of interest.— The cut-off yield determined at the auction will be the coupon rate per cent per annum on the Stock sold at the auction. The interest will be paid on June 26 and December 26 for every financial year until repayment.
10. Eligibility of securities.— The investment in Government Stock will be reckoned as an eligible investment in Government Securities by B anks for the purpose of Statutory Liquidity Ratio (SLR) under section 24 of the Banking Regulation Act, 1949. The Stocks will qualify for the ready forward facility.
(By order and in the name of the Lieutenant-Governor of Puducherry)
ASHISH M ADHAORAO M ORE, I. A.S.,
Development Commissioner-cum- Secretary to Government (Finance).
PART-I ] LA GAZETTE DE L'ETAT 1005GOVERNMENT OF PUDUCHERRY
CHIEF SECRETARIAT
FINANCE DEPARTMENT (WAYS AND MEANS)
[G.O. Ms. No. 55/FD(W&M)/2024-25, Puducherry, dated 19th December 2024]
NOTIFICATION
The Lie utenant-Gove rnor a s Ad ministra tor o f the Union t erritor y o f P uducher ry, her eby noti fies the re-issue of 7.03% Puducherry SDL 2028 issued on February 12, 2020 for an aggregate amount of 100 crore (Rupees one hundred crore only) [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 in G.O. Ms. No. 1/FD(W&M)/2008, dated January 8, 2008 of the Finance Department (Ways and Means), Government of Puducherry.
Object of the loan.— (i) The proceeds of the loan will be utilized for Financing Capital/Revenue Expenditure and other Developmental Schemes under execution;
(ii) The borrowing is in exercise of the powers conferred on the Administrator of the Union territory of Puducherry under section 48A of the Government of Union Territories Act, 1963, as amended with effect from May 10, 2006 and in accordance with the terms and conditions imposed by the Government of India for such borrowing.
2. Method of issue.— 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 in G.O. Ms. No. 1/FD(W&M)/2008, dated January 8, 2008 at a coupon rate to be determined by the Reserve Bank of India at the price based auction under multiple price formats.
3. Allotment to Non-competitive bidders.— 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 the Union Territory Government Securities of the General Notification (Annexure-II).
4. Place and date of auction.— The auction will be conducted by the Reserve Bank of India, at its M umbai Office, Fort , M umba i-400 00 1 on December 24, 2024. Bids for the auct ion should be submit ted in electronic format, on the Reserve Bank of India Core Banking Solution (E-Kuber) system as stated below on December 24, 20 24.
(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.
(b) The Non-competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10.30 a.m. and 11.00 a.m.
5. Result of the auction.— 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 December 26, 20 2 4 6. Method of payment.— Successful bidders will make payments on December 26, 20 2 4 before close of banking hours by means of Cash, Banker's Cheque/Pay Order, Demand Draft payable at Reserve Bank of India, Mumbai/Chennai or a Cheque drawn on their account with Reserve Bank of India, Mumbai (Fort)/Chennai.
7. Tenure.— The stock will be of 8 year tenure from the date of commencement on February 12, 2 02 8.
8. Date of repayment.— The loan will be repaid at par on February 12, 2 028.
LA GAZETTE DE L'ETAT [ PART-I 1006 10069. Rate of interest.— Interest at the rate of 7.03% per annum will accure on the nominal value of the stock from the date of original issue date and will be paid half yearly on August 12 and February 12 for every financial year until repayment.
10. Eligibility of securities.— The investment in Government Stock will be reckoned as an eligible investment in Go vernment Securities by B anks fo r the purpose of Stat utory Li quidity Ratio (SLR) under section 24 of the Banking Regulation Act, 1949. The Stocks will qualify for the ready forward facility.
(By order and in the name of the Lieutenant-Governor of Puducherry)
ASHISH M ADHAORAO M ORE, I. A.S.,
Development Commissioner-cum- Secretary to Government (Finance).
————
GOVERNMENT OF PUDUCHERRY
CHIEF SECRETARIAT
FINANCE DEPARTMENT (WAYS AND MEANS)
[G.O. Ms. No. 56/FD(W&M)/2024-25, Puducherry, dated 19th December 2024]
NOTIFICATION
The Lie utenant-Gove rnor a s Ad ministra tor o f the Union t erritor y o f P uducher ry, her eby noti fies the re-issue of 6.96% Puducherry SDL 2030 issued on December 29, 2021 for an aggregate amount of 125 crore (Rupees one hundred and twenty-five crore only) [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 in G.O. Ms. No. 1/FD(W&M)/2008, dated January 8, 2008 of the Finance Department (Ways and Means), Government of Puducherry.
Object of the loan.— (i) The proceeds of the loan will be utilized for Financing Capital/Revenue Expenditure and other Developmental Schemes under execution;
(ii) The borrowing is in exercise of the powers conferred on the Administrator of the Union territory of Puducherry under section 48A of the Government of Union Territories Act, 1963, as amended with effect from May 10, 2006 and in accordance with the terms and conditions imposed by the Government of India for such borrowing.
2. Method of issue.— 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 in G.O. Ms. No. 1/FD(W&M)/2008, dated January 8, 2008 at a coupon rate to be determined by the Reserve Bank of India at the price based auction under multiple price formats.
3. Allotment to Non-competitive bidders.— 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 the Union Territory Government Securities of the General Notification (Annexure-II).
4. Place and date of auction.— The auction will be conducted by the Reserve Bank of India, at its M umbai Office, Fort , M umba i-400 00 1 on December 24, 2024. Bids for the auct ion should be submit ted in electronic format, on the Reserve Bank of India Core Banking Solution (E-Kuber) system as stated below on December 24, 20 24.
PART-I ] LA GAZETTE DE L'ETAT 1007(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.
(b) The Non-competitive bids shall be submitted electronically on the Reserve Bank of India Core Banking Solution (E-Kuber) system between 10.30 a.m. and 11.00 a.m.
5. Result of the auction.— 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 December 26, 20 2 4 6. Method of payment.— Successful bidders will make payments on December 26, 20 2 4 before close of banking hours by means of Cash, Banker's Cheque/Pay Order, Demand Draft payable at Reserve Bank of India, Mumbai/Chennai or a Cheque drawn on their account with Reserve Bank of India, Mumbai (Fort)/Chennai.
7. Tenure.— The stock will be of 9 year tenure from the date of commencement on December 29, 2 021.
8. Date of repayment.— The loan will be repaid at par on December 29, 2 030.
9. Rate of interest.— Interest at the rate of 6.96% per annum will accure on the nominal value of the stock from the date of original issue date and will be paid half yearly on June 29 and December 29 for every financial year until repayment.
10. Eligibility of securities.— The investment in Government Stock will be reckoned as an eligible investment in Go vernment Securities by B anks fo r the purpose of Stat utory Li quidity Ratio (SLR) under section 24 of the Banking Regulation Act, 1949. The Stocks will qualify for the ready forward facility.
(By order and in the name of the Lieutenant-Governor of Puducherry)
ASHISH M ADHAORAO M ORE, I. A.S., Development Commissioner-cum- Secretary to Government (Finance).
————
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