TAMIL NADU

GOVERNMENT GAZETTE

EXTRAORDINARY

PUBLISHED BY AUTHORITY

No. 461]

CHENNAI, THURSDAY, SEPTEMBER 22, 2022

Purattasi 5, Subakiruthu, Thiruvalluvar Aandu-2053

Part II—Section 1

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

issued by Secretariat Departments.

NOTIFICATIONS BY GOVERNMENT

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

GOVERNMENT OF TAMIL NADU

[R. Dis. No. 197/2009.

2022

[Price: Rs. 1.60 Paise.

II-1—Ex.(461)

[1]

FINANCE DEPARTMENT

MARKET BORROWING PROGRAMME OF STATE GOVERNMENT BY AUCTION

Secretariat, September 22, 2022.

No. II(1)/FIN/38(b-1)/2022.

The following Notiﬁ cation is published:—

NOTIFICATION

[No. 625(L)/W&M-II/2022]

Government of Tamil Nadu hereby notifies the sale of Re-issue of 7.03% Tamil Nadu SDL 2051 issued

on June 02, 2021 for an aggregate amount of Rs.1500 crore (Nominal). The sale will be subject to the

terms and conditions spelt out in this notiﬁ cation (called Speciﬁ c Notiﬁ cation) as also the terms and conditions

specified in the General Notification No.404(L)/W&M-II/2019, dated 13th March 2019 of Government of

Tamil Nadu.

Object of the Loan:

(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 ﬂ oatation 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 Price based auction under multiple price formats.

Allotment to Non-competitive Bidders:

3. The Government Stock up to 10% of the notiﬁ ed amount of the sale will be allotted to eligible individuals and

institutions subject to a maximum limit of 1% of the notiﬁ ed 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 Notiﬁ cation (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 Oﬃ ce, Fort, Mumbai - 400 001 on

September 27, 2022. 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 27, 2022.

(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 September 28, 2022.

Method of Payment:

6. Successful bidders will make payments on September 28, 2022 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 30 year tenure. The tenure of the stock will commence on June 02, 2021.

Date of Repayment:

8. The loan will be repaid at par on June 02, 2051.

Rate of Interest:

9. Interest at the rate of 7.03 % 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 December 02 and June 02.

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.

No. II(1)/FIN/38(b-2)/2022.

The following Notiﬁ cation is published:—

NOTIFICATION

[No. 626(L)/W&M-II/2022]

Government of Tamil Nadu hereby notifies the sale of Re-issue of 7.33% Tamil Nadu SDL 2052 issued

on February 02, 2022 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 of

Tamil Nadu.

Object of the Loan:

(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 ﬂ oatation of this loan as required by Article 293(3) of

the Constitution of India.

TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY

Method of Issue:

2. The Government stock will be sold through the Reserve Bank of India, Mumbai Oﬃ ce (PDO), Fort, Mumbai-400 001 by

auction in the manner as prescribed in paragraph 6.1 of the General Notiﬁ cation 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 Price based auction under multiple price formats.

Allotment to Non-competitive Bidders:

3. The Government Stock up to 10% of the notiﬁ ed amount of the sale will be allotted to eligible individuals and institutions

subject to a maximum limit of 1% of the notiﬁ ed 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 Notiﬁ cation (Annexure-II).

Place and Date of Auction:

4. The auction will be conducted by the Reserve Bank of India, at its Mumbai Oﬃ ce, Fort, Mumbai - 400 001 on

September 27, 2022. 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 27, 2022.

(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 September 28, 2022.

Method of Payment:

6. Successful bidders will make payments on September 28, 2022 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 30 year tenure. The tenure of the stock will commence on February 02, 2022.

Date of Repayment:

8. The loan will be repaid at par on February 02, 2052.

Rate of Interest:

9. Interest at the rate of 7.33 % 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 August 02 and February 02.

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.

No. II(1)/FIN/ 38(b-3) /2022.

The following Notiﬁ cation is published:—

NOTIFICATION

[No. 627(L)/W&M-II/2022]

Government of Tamil Nadu hereby notifies the sale of Re-issue of 7.13% Tamil Nadu SDL 2047 issued

on February 16, 2022 for an aggregate amount of Rs.3000 crore (Nominal). The sale will be subject to the

terms and conditions spelt out in this notiﬁ cation (called Speciﬁ c Notiﬁ cation) as also the terms and conditions

specified in the General Notification No.404(L)/W&M-II/2019, dated 13thMarch 2019 of Government of

Tamil Nadu.

TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY

Object of the Loan:

(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 ﬂ oatation 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 Price based auction under multiple price formats.

Allotment to Non-competitive Bidders:

3. The Government Stock up to 10% of the notiﬁ ed amount of the sale will be allotted to eligible individuals and

institutions subject to a maximum limit of 1% of the notiﬁ ed 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 Notiﬁ cation (Annexure-II).

Place and Date of Auction:

4. The auction will be conducted by the Reserve Bank of India, at its Mumbai Oﬃ ce, Fort, Mumbai - 400 001 on

September 27, 2022. 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 27, 2022.

(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 September 28, 2022.

Method of Payment:

6. Successful bidders will make payments on September 28, 2022 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 25 year tenure. The tenure of the stock will commence on February 16, 2022.

Date of Repayment:

8. The loan will be repaid at par on February 16, 2047.

Rate of Interest:

9. Interest at the rate of 7.13% 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 August 16 and February 16.

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)

N. MURUGANANDAM,

Additional Chief Secretary to Government of Tamil Nadu,

Finance Department.

PRINTED AND PUBLISHED BY THE COMMISSIONER OF STATIONERY AND PRINTING, CHENNAI

ON BEHALF OF THE GOVERNMENT OF TAMIL NADU