No. 220]

chennai, Thursday, april 29, 2021

Chithirai 16, Pilava, Thiruvalluvar Aandu–2052

Part Ii—Section 1

Notifications or Orders of specific character or of particular interest to the public

issued by Secretariat Departments.

Notifications by government

TAMIL NADU

GOVERNMENT GAZETTE

EXTRAORDINARY

PUBLISHED BY AUTHORITY

[Regd. No. TN/CCN/467/2012-14.

GOVERNMENT OF TAMIL NADU

[R. Dis. No. 197/2009.

2021

[Price: Rs. 1.60 Paise.

Ex-II-1—(219)

[ 1 ]

Finance Department

market borrowing programme of state government by auction

Secretariat, April 29, 2021.

No. II(1)/FIN/8(a-1)/2021.

The following Notification is published:—

Notification

[No.536(L)/W&M-II/2021]

Government of Tamil Nadu hereby notifies the sale of Tamil Nadu Government Stock (Securities) of 10 year tenure for an

aggregate amount of Rs.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.404(L)/W&M-II/2019,

dated 13th March 2019 of Government ofTamil Nadu.

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. The 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.404 (L)/W&M-II/2019, dated 13th March 2019

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).

tamil nadu government gazette extraordinary

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 May 04,

2021. 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 May 04, 2021. .

(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.

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 May 05, 2021.

Method of Payment:

6. Successful bidders will make payments on May 05, 2021 before close of banking hours by means of cash, bankers’

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.

Tenure:

7. The Stock will be of 10 year tenure. The tenure of the stock will commence on May 05, 2021.

Date of Repayment:

8. The loan will be repaid at par on May 05, 2031.

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 November 05 and May 05.

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 stocks will qualify for the

ready forward facility.

(By order and in the name of the Governor of Tamil Nadu)

No. II(1)/FIN/8(a-2)/2021.

The following Notification is published:—

Notification

[No.537(L)/W&M-II/2021]

Government of Tamil Nadu hereby notifies the sale of Re-issue of 6.53% Tamil Nadu SDL 2031 issued on January

06, 2021 for an aggregate amount of Rs.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.404(L)/W&M-II/2019, dated 13th March 2019 of Government ofTamil Nadu.

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. The 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.404 (L)/W&M-II/2019, dated 13^th March 2019

at a coupon rate to be determined by the Reserve Bank of India at the Price based auction under multiple price formats.

tamil nadu government gazette extraordinary

printed and published by the Commissioner of Stationery and printing, chennai

on behalf of the Government of Tamil Nadu

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 May 04,

2021. 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 May 04, 2021. .

(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.

Result of the Auction:

5. The result of the auction shall be displayed by the Reserve Bank of India on its website on thesame day. The payment by

successful bidders will be on May 05, 2021.

Method of Payment:

6. Successful bidders will make payments on May 05, 2021 before close of banking hours by means of cash, bankers’

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.

Tenure:

7. The Stock will be of 10 year tenure. The tenure of the stock will commence on January 06, 2021.

Date of Repayment:

8. The loan will be repaid at par on January 06, 2031.

Rate of Interest:

9. Interest at the rate of 6.53% per annum will accrue on the nominal value of the Stock from the date of original issue date

and will be paid half Yearly on July 06 and January 06.

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 stocks will qualify for the

ready forward facility.

(By order and in the name of the Governor of Tamil Nadu)

S. Krishnan,

Additional Chief Secretary to Government of Tamil Nadu,

Finance Department.