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RAJASTHAN GAZETTE
Extraordinary
साͬधकार Ĥकाͧशत
Published by Authority
पौष 02, मंगलवार, शाके 1947- Ǒदसà बर 23, 2025
Pausa 02, Tuesday, Saka 1947- December 23, 2025
भाग-1(ख)
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Specific Notification
Finance (Ways and Means) Department
Notification
Jaipur, December 18, 2025
No. F.3(3)FWM/1/2025 .-Government of Rajasthan hereby notifies the sale of
Rajasthan Government Stock (Securities) of 10 year tenure for an aggregate amount of Rs.
1000.00 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.F3(3)FWM/2007 dated July 20, 2007 of Government of Rajasthan.
Object of the loan
1. (i)
The proceeds of the loan will be utilized for financing development programme and
projects to be implemented in the State..
(ii) Consent of Central Government has been obtained to the flotation 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 para 6.1 of the
General Notification No.F3(3)FWM/2/2025 dated November 20, 2025 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 upto 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 December 23, 2025. 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 December 23, 2025.
(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.
15790 राजè थान राज-पğ, Ǒदसà बर 23, 2025 भाग 1(ख)
Result of the Auction
5.
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 24, 2025.
Method of Payment
6.
Successful bidders will make payments on December 24, 2025 before close of
banking hours by means of cash, bankers' cheque/pay order, demand draft payable at
Reserve Bank of India, Mumbai/Jaipur or a cheque drawn on their account with
Reserve Bank of India, Mumbai (Fort)/Jaipur.
Tenure
7.
The Stock will be of 10 year tenure. The tenure of the Stock will commence on
December 24, 2025.
Date of Repayment
8.
The loan will be repaid at par on December 24, 2035.
Rate of Interest
9.
The cut-off yield determined at the auction will be the coupon rate percent per annum
on the Stock sold at the auction. The interest will be paid on June 24 and December
24.
Eligibility of Securities
10.
The investment in Government Stock will be reckoned as an eligible investment in
Government Securities by banks for the purpose of Statutory Liquidity Ratio (SLR)
under Section 24 of the Banking Regulation Act, 1949. The Stock will qualify for the
ready forward facility.
By order and in the name of the Governor of Rajasthan,
Rajan Vishal,
Secretary to the Government of Rajasthan,
Finance (Budget) Department .
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