3858
PUNJAB GOVT. GAZ. (EXTRA), SEPTEMBER 4, 2026 (BHDR 13, 1948 SAKA)
EXTRAORDINARY
Published by Authority
CHANDIGARH, FRIDAY, SEPTEMBER 4, 2026 (BHADRA 13, 1948 SAKA)
(3858)
GOVERNMENT OF PUNJAB
FINANCE DEPARTMENT
(Finance Budget-II Branch)
NOTIFICATION
The 3rd September, 2026
No.7/1/2026-2FB2/538.- Government of Punjab hereby notifies the Re-issue of 7.65% Punjab
SGS 2043, issued on August 12, 2026 for an aggregate amount of `1200crore (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 Facilityin 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 08, 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 September 08, 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.