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EXTRAORDINARY
Published by Authority
CHANDIGARH, FRIDAY, SEPTEMBER 4, 2026 (BHADRA 13, 1948 SAKA)
GOVERNMENT OF PUNJAB
FINANCE DEPARTMENT
(Finance Budget-II Branch)
NOTIFICATION
The 3rd September, 2026
No.7/1/2026-2FB2/533.- Government of Punjab hereby notifies the sale of Punjab Government
Stock (securities) of 9-year tenure for an aggregate amount of ₹800crore (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 yield 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 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.
