3755
PUNJAB GOVT. GAZ. (EXTRA), AUGUST 22, 2026 (SRVN 31, 1948 SAKA)
EXTRAORDINARY
Published by Authority
CHANDIGARH, SATURDAY, AUGUST 22, 2026 (SRAVANA 31, 1948 SAKA)
(3755)
GOVERNMENT OF PUNJAB
FINANCE DEPARTMENT
(FINANCE BUDGET-II BRANCH)
NOTIFICATION
The 21st August, 2026
No.7/1/2026-2FB2/489.- Government of Punjab hereby notifies the Re-issue of 7.62% Punjab SGS
2039, issued on July 01, 2026 for an aggregate amount of `1500 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. 7/3/2017-2FBII/445 dated May 08, 2017 of Government of
Punjab.
Object of the Loan
1. (i) To finance part of Capital Expenditure of Plan Schemes and other Development Schemes under
execution
(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. 7/3/2017-
2FBII/445 dated May 08, 2017 at a coupon rate to be determined by the Reserve Bank of India at the Price
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 August 25, 2026. 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 August 25, 2026.
(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.