No. 203]

CHENNAI, FRIDAY, MARCH 20,  2026

Panguni 6, Visuvaavasu, Thiruvalluvar Aandu-2057

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

[ 1 ]

Ex-II-1—(203)

©

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

GOVERNMENT OF TAMIL NADU

[R. Dis. No. 197/2009.

2026

[Price: Rs. 3.20 Paise.

FINANCE DEPARTMENT

MARKET BORROWING PROGRAMME OF STATE GOVERNMENT BY AUCTION

Secretariat, March 20, 2026

No. II(1)/FIN/5(i-1)/2026.

The following Notification is Published:-

NOTIFICATION

[No.936(L)/W&M-II/2026]

Government of Tamil Nadu hereby notifies the sale of Tamil Nadu Government Stock (securities) of 5 years

tenure for an aggregate amount of ₹1000 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. 860(L)/W&M-II/2025 dated November 17,2025 of Government of Tamil 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. 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.860(L)/W&M-II/2025 dated November 17, 2025 at a coupon rate to be determined by the Reserve Bank of

India at the yield based auction under multiple price formats.

2

TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY

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.

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 March, 24 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 March, 24 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.

(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 March, 25 2026.

Method of Payment

6. Successful bidders will make payments on March, 25 2026.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 5 years tenure. The tenure of the Stock will commence on March, 25 2026.

Date of Repayment

8. The loan will be repaid at par on March, 25 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 September 25 and March 25.

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.

NOTIFICATION

[No.937(L)/W&M-II/2026]

No. II(1)/FIN/5(i-2)/2026.

Government of Tamil Nadu hereby notifies the Re-issue of 7.28% Tamil Nadu SGS 2033, issued on March

18, 2026 for an aggregate amount of Rs.1000 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. 860(L)/W&M-II/2025 dated November 17,2025 of Government of Tamil 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.

TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY

3

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. 860(L)/W&M-II/2025 dated November 17, 2025 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 Facility in the Auctions of State Government Securities of the General Notification.

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 March 24, 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 March 24, 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.

(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 March 25, 2026.

Method of Payment

6. Successful bidders will make payments on March 25, 2026. 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 7-year tenure from the date of commencement on March 18, 2026.

Date of Repayment

8. The loan will be repaid at par on March 18, 2033.

Rate of Interest

9. Interest at the rate of 7.28% 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 September 18 and March 18.

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.

NOTIFICATION

[No.938(L)/W&M-II/2026]

No. II(1)/FIN/5(i-3)/2026.

Government of Tamil Nadu hereby notifies the sale of Tamil Nadu Government Stock (securities) of 9 years

tenure for an aggregate amount of ₹1000 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. 860(L)/W&M-II/2025 dated November 17,2025 of Government of Tamil Nadu.

Object of the Loan

1.

(i) To Finance Part of Capital expenditure of Plan Schemes and other Development Schemes under

execution.

4

TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY

(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.860(L)/W&M-II/2025 dated November 17, 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 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.

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 March, 24 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 March, 24 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.

(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 March, 25 2026.

Method of Payment

6. Successful bidders will make payments on March, 25 2026. 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 9 years tenure. The tenure of the Stock will commence on March, 25 2026.

Date of Repayment

8. The loan will be repaid at par on March, 25 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 September 25 and March 25.

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.

NOTIFICATION

[No.939(L)/W&M-II/2026]

No. II(1)/FIN/5(i-4)/2026.

Government of Tamil Nadu hereby notifies the sale of Tamil Nadu Government Stock (securities) of 10 years

tenure for an aggregate amount of ₹2000 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. 860(L)/W&M-II/2025 dated November 17,2025 of Government of Tamil Nadu.

TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY

5

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.860(L)/W&M-II/2025 dated November 17, 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 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.

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 March, 24 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 March, 24 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.

(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 March, 25 2026.

Method of Payment

6. Successful bidders will make payments on March, 25 2026. 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 years tenure. The tenure of the Stock will commence on March, 25 2026.

Date of Repayment

8. The loan will be repaid at par on March, 25 2036.

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 September 25 and March 25.

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.

6

TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY

NOTIFICATION

[No.940(L)/W&M-II/2026]

No. II(1)/FIN/5(i-5)/2026.

Government of Tamil Nadu hereby notifies the Re-issue of 7.63% Tamil Nadu SGS 2056, issued on

March 04, 2026 for an aggregate amount of Rs.2000 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. 860(L)/W&M-II/2025 dated November 17,2025 of Government of Tamil 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. 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. 860(L)/W&M- II/2025

dated November 17, 2025 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 Facility in the Auctions of State Government Securities of the General Notification.

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 March 24, 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 March 24, 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.

(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 March 25, 2026.

Method of Payment

6. Successful bidders will make payments on March 25, 2026. 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 from the date of commencement on March 04, 2026.

Date of Repayment

8. The loan will be repaid at par on March 04, 2056.

Rate of Interest

9. Interest at the rate of 7.63% 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 September 04 and March 04.

TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY

7

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)

T. UDHAYACHANDRAN,

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