321
Panaji, 19th May, 2017 (Vaisakha 29, 1939)
SERIES I No. 7
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. 150.00 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
(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: dirñ[email protected]
EXTRAORDINARY
(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 format.
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.
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 23, 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 May 23, 2017.
(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
12.00 p.m.