1563
Panaji, 3rd November, 2017 (Kartika 12, 1939)
SERIES I No. 31
Reg. No. G-2/RNP/GOA/32/2015-2017
RNI No. GOAENG/2002/6410
PUBLISHED BY AUTHORITY
GOVERNMENT OF GOA
Department of Finance
Debt Management Division
__
Notification
5-4-2017-Fin(DMU)
Government of Goa hereby notifies the sale
of Goa Government Stock (Securities) of
10-year tenure for an aggregate amount of
Rs. 200.00 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. 5/2/2010-Fin
(DMU) dated July 18, 2007 of Government of Goa.
Object of the Loan
1. (i) The proceeds of the loans will be
utilized for financing capital expenditure in
connection
with
the
development
programmes of the Government of Goa.
(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
Suggestions are welcomed on e-mail: dir–[email protected]
EXTRAORDINARY
No. 2
(PDO) Fort, Mumbai–400 001 by auction in
the manner as prescribed in paragraph 6.1
of the General Notification No. 5/2/2010/
/Fin (DMU) dated July 18, 2007 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 Governments 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 November 07, 2017.
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 November 07, 2017.
(a) The competitive bids shall be
submitted electronically on the Reserve
Bank of India Core Banking Solution
OFFICIAL GAZETTE — GOVT. OF GOA
SERIES I No. 31
(EXTRAORDINARY No. 2)
3RD NOVEMBER, 2017
1564
(E-Kuber) system between 10.30 a.m. and
12.00 p.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
11.30 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 November 08, 2017.
Method of Payment
6. Successful bidders will make payments
on November 08, 2017 before close of
banking hours by means of cash, bankers’
cheque/pay order, demand draft payable at
Reserve Bank of India, Mumbai/Mumbai or
a cheque drawn on their account with
Reserve Bank of India, Mumbai (Fort)/
/Mumbai.
Tenure
7. The stock will be of 10-year tenure. The
tenure of the Stock will commence on
November 08, 2017.
Date of Repayment
8. The loan will be repaid at par on
November 08, 2027.
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 May 08 and November
08.
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 Goa.
Daulat A. Hawaldar, Secretary (Finance).
Porvorim, 3rd November, 2017.
————
Revenue & Control Division
—
Corrigendum
1-49-2017-18/DSSL/Part/3651
Read: Notification No. 1-49-2017-18/DSSL/
/Part/3614 dated 26-10-2017, published
in the Official Gazette (Extraordinary),
Series I No. 30 dated 26-10-2017.
In the Notification dated 26-10-2017, read
above, for the expression, “Rank 2: 5 Nos. of
4 digits will be drawn — common to all
series.”; the expression, “Rank 2: 5 Nos. of 4
digits with series will be drawn.”, shall be
substituted.
The other contents of the Notification dated
26-10-2017, read above, shall remain
unchanged.
By order and in the name of the Governor
of Goa.
Sushama D. Kamat, Under Secretary
(Finance).
Porvorim, 3rd November, 2017.
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