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jftLVªh löa Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
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EXTRAORDINARY
Hkkx I—[k.M 1
PART I—Section 1
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
l-a 204] ubZ fnYyh] 'kqØokj] vxLr 22] 2014@Jko.k 31] 1936
No. 204] NEW DELHI, FRIDAY, AUGUST 22, 2014/SHRAVANA 31, 1936
foÙk ea=kky; 4- uhykeh dk LFkku ,oa rkjh[k
;g uhykeh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] iQksVZ]
(vk£Fkd dk;Z foHkkx)
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(ctV izHkkx)
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vf/lwpuk
iz.kkyh laca/h bysDVªkWfud izi=k esa 28 vxLr] 2014 dk s iLz rrq dh
ubZ fnYyh] 22 vxLr] 2014 tkuh pkfg,A vizfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls iwokZÉ 11-30
cts ds chp vkSj izfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls nksigj
^^8-27 çfr'kr ljdkjh LVkWd] 2020**
12-00 cts ds chp izLrqr dh tkuh pkfg, A
dh fcØh (iqu£uxZe) ds fy, uhykeh
5- dc fuxZfer dkjksckj
iQk- la- 4(4)Мw ,.M ,e@2014-—Hkkjr ljdkj
;g LVkWd] Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa ds
,rn~}kjk 2]000 djksM+ #i, (vafdr) dh dqy jkf'k ds fy,
vuqlkj] ^dc fuxZfer* dkjksckj ds fy, ik=k gksxk A
^^8-27 izfr'kr ljdkjh LVkWd] 2020** (ftls blesa blds ckn
6- vof/
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;g LVkWd 9 twu] 2014 ls izkjEHk gksdj 6 o"kZ dh vof/ ds
;g fcØh bl vfèklwpuk (ftls ^fof'k"V vf/lwpuk* dgk x;k gS)
fy, gksxk A bl LVkWd dh pqdkSrh 9 ebZ] 2020 dks leewY; ij dh
esa mfYyf[kr 'krks± rFkk Hkkjr ljdkj }kjk tkjh lkekU; vf/lwpuk
tk,xh A
iQk- la[;k 4(13)Мw ,.M ,e@2008] rkjh[k 8 vDrwcj]
7- fuxZe dh rkjh[k vkSj LVkWd ds fy, Hkqxrku
2008 esa fu£n"V 'krks± ds v/hu dh tk,xh A
uhykeh dk ifj.kke Hkkjrh; fjtoZ cSad }kjk vius iQksVZ
2- fuxZe dh fof/ fLFkr eqEcbZ dk;kZy; esa 28 vxLr] 2014 dks izn£'kr fd;k
bl LVkWd dh fcØh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] tk,xkA liQy cksyhnkrkvksa }kjk Hkqxrku 1 flrEcj] 2014 vFkkZr~
iqu£uxZe dh rkjh[k dks fd;k tk,xk A LVkWd ds fy, Hkqxrku esa
iQksVZ] eqEcbZ&400001 ds ekè;e ls rkjh[k 8 vDrwcj] 2008 dh
uhykeh esa vkcafVr LVkWd ds vafdr ewY; ij] ewy fuxZe dh
lkekU; vf/lwpuk iQk- la[;k 4(13)Мw ,.M ,e@2008 ds
rkjh[k ls vFkkZr~ 9 twu] 2014 ls 31 vxLr] 2014 rd] izksn~Hkwr
iSjk 5-1 esa ;Fkk&fu/kZfjr rjhds ls fofo/ ewY; uhykeh fof/ dk
C;kt 'kkfey gksxk A
iz;ksx djrs gq, ewY; vkèkkfjr uhykeh }kjk dh tk,xh A
8- C;kt
3- vizfrLi/hZ cksyhnkrkvksa dks vkcaVu
ewyfuxZe dh rkjh[k l s LVkWd d s vfadr eYw ; ij 8-27
ljdkjh izfrHkwfr;ksa dh uhykfe;ksa esa vizfrLi/hZ cksyh nsus ifzr'kr ifzro"k Z dh nj l s C;kt ikzns ~Hkrw gkxs k rFkk bldk Hkxq rku
dh lqfo/k dh layXu Ldhe (vuqca/) ds vuqlkj] fcØh dh v¼&Z okf"kdZ vk/kj ij 9 fnlEcj vkjS 9 twu dk s fd;k tk,xk A
vfèklwfpr jkf'k ds 5 izfr'kr rd ljdkjh LVkWd ik=k O;fDr;ksa Hkkjr ds jk"Vªifr ds vkns'k ls]
vkSj laLFkkvksa dks vkcafVr fd;k tk,xk A MkW- jtr HkkxZo] la;qDr lfpo
3306 GI/2014 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
vucq /a (bZ&dqcsj) iz.kkyh laca/h bysDVªkWfud çi=k esa vius xzzkgdksa
ljdkjh izfrHkwfr;ksa dh uhykeh esa vizfrLi/hZ cksyh dh vksj ls ,d ,dy lesfdr vçfrLi/hZ cksyh çLrqr
lqfo/k Ldhe djsxk A vlk/kj.k ifjfLFkfr;ksa] tSls Hkkjrh; fjtoZ cSad dksj
cSa¯dx lksY;w'ku (bZ&dqcsj) ç.kkyh esa lkekU; xM+cM+h dks
I. dk;Z{ks=k % ljdkjh izfrHkwfr;ksa dh O;kid Hkkxhnkjh vkSj
NksM+dj] HkkSfrd :i esa vçfrLi/hZ cksyh Lohdkj ugha dh
[kqnjk /kfjrk dks izksRlkgu nsus dh n`f"V ls Hkkjr ljdkj dh
tk,xh A
fnukafdr izfrHkwfr;ksa dh p;fur uhykfe;ksa esa ¶vizfrLi/hZ¸ vk/kj
ij Hkkxhnkjh dh vuqefr nsus dk izLrko fd;k x;k gS A rn~uqlkj] 3- cSad vFkok izkFkfed Mhyj dks vizfrLi/hZ [kaM ds v/hu
fnukafdr izfrHkwfr;ksa dh uhykfe;ksa esa vf/lwfpr jkf'k ds 5 izfr'kr vkcaVu izfrykHk@dher dh ml Hkkjkaf'kr vkSlr nj ij
rd dh vizfrLi/hZ cksfy;ka Lohdkj dh tk,axh A izkjf{kr jkf'k gksxk] tks izfrLi/hZ cksyh nsus ds vk/kj ij uhykeh esa lkeus
vf/lwfpr jkf'k ds vUrxZr gksaxh A vk,xk A bl ckr ij è;ku fn, fcuk fd cSad vFkok
izkFkfed Mhyj us vius xzkgdksa ls Hkqxrku izkIr dj fy;k gS
II. ik=krk % Hkkjr ljdkj dh fnukafdr izfrHkwfr;ksa dh uhykfe;ksa
;k ugha] fuxZe dh rkjh[k dks Hkqxrku izkIr djds cSad ;k
esa vizfrLi/hZ vk/kj ij ,sls fuos'kdksa ds fy, Hkkxhnkjh [kqyh gksxh
izkFkfed Mhyj dks izfrHkwfr;ka tkjh dh tk,axh A
tks fuEufyf[kr 'krks± dks iwjk djrs gSa %
1- tks Hkkjrh; fjtoZ cSad ds ikl pkyw [kkrk (lh,) vFkok 4- ,sls ekeys esa] tgka cksyh dh jkf'k izkjf{kr jkf'k (vfèklwfpr
lgk;d lkekU; cgh (,lth,y) [kkrk ugha j[krs gSa_ jkf'k ds 5 izfr'kr) ls vf/d gS ;Fkkuqikr vkcaVu fd;k
tk,xk A vkaf'kd vkcaVuksa ds ekeys esa] ;g cSad vFkok
viokn % {ks=kh; xzkeh.k cSadksa (vkjvkjch) vkSj lgdkjh
izkFkfed Mhyjksa dk nkf;Ro gksxk fd og vius xzkgdksa dks
cSadksa dks muds lkafof/d nkf;Roksa ds n`f"Vxr bl Ldhe ds
izfrHkwfr;ksa dk mfpr vkcaVu ,d ikjn'khZ rjhds ls djsa A
v/hu 'kkfey fd;k tk,xk A
5- ,sls ekeys esa tgka cksyh jkf'k izkjf{kr jkf'k ls de gks] deh
2- tks izfr uhykeh nks djksM+ #i, (vafdr ewY;) ls vuf/d
dks izfrLi/hZ Hkkx esa 'kkfey fd;k tk,xk A
jkf'k ds fy, ,d gh cksyh yxkrs gSa_
3- tks ;g Ldhe iznku djus okys fdlh ,d cSad vFkok 6- izfrHkwfr dks Hkkjrh; fjtoZ cSad }kjk dsoy ,lth,y :i esa
izkFkfed Mhyj ds ekè;e ls viuh cksyh vizR;{k :i ls tkjh fd;k tk,xk A Hkkjrh; fjtoZ cSad bls ;k rks cSad
izLrqr djrs gSa A vFkok izkFkfed Mhyj ds eq[; ,lth,y [kkrs vFkok
lh,lth,y [kkr se astek djxs k] tlS kfd muds }kjk fun'Zs k fn;k
viokn % ,sls {ks=kh; xkzeh.k cdaS (vkjvkjch) rFkk lgdkjh
x;k gS A eq[; ,lth,y [kkrs esa tek djus dh lqfo/k
cSad tks Hkkjrh; fjtoZ cSad esa ,l-th-,y- [kkrk vkSj pkyw
,dek=k mu fuos'kdksa dh lsok ds iz;kstukFkZ gS tks muds
[kkrk j[krs gSa] viuh vizfrLi/hZ ckfsy;k as dk s iRz;{k :i ls
?kVd ugha gSa A vr% cSad vFkok izkFkfed Mhyjksa dks
iLz rrq dju s d s fy, ik=k gkxas s A
vizfrLièkhZ cksfy;ksa dh fufonk nsrs le; muds ,lth,y
III. O;kidrk % mi;DZq r 'krk ±s d s v/hu ¶vifzrLi/h¸Z vk/kj ij
[kkrs vkSj lh,lth,y [kkrs esa tek gksus okyh jkf'k;ksa
iQek±]s dEifu;k]as fuxfer fudk;k]as lLa Fkkvk]as Hkfo"; fuf/;k]as U;klkas
(vafdr ewY;) dks Li"V :i ls n'kkZuk gksxk A ckn esa
vkjS Hkkjrh; fjto ZcdaS }kjk ;Fkk&fu/kfZjr fdlh vU; dEiuh lfgr
fuos'kd ds vuqjks/ ij eq[; ,lth,y [kkrs ls okLrfod
fdlh Hkh O;fDr d s fy, Hkkxhnkjh [kyq h g S A ckys h nus s dh U;uw re
:i esa dh xbZ lqiqnZxh Lohdk;Z gS A
jkf'k 10]000 #i, (vfadr eYw ;) vkjS mld s ckn 10]000 #i, ds
7- ;g cSad vFkok izkFkfed Mhyj dk nkf;Ro gS fd og xzkgd
x.q ktk as e as gkxs h tlS k vc rd fnukfadr LVkdW d s fy, g S A
dks izfrHkwfr;ka gLrkarfjr djs A vlk/kj.k ifjfLFkfr;ksa dks
IV. vU; izpkyukRed fn'kkfunsZ'k %
NksM+dj] xzkgdksa dks izfrHkwfr;ksa dk varj.k fuxZe dh frfFk
1- [kqnjk fuos'kd ds fy, ml cSad vFkok izkFkfed Mhyj]
ls ikap dk;Z fnolksa ds Hkhrj iwjk fd;k tk,xk A
ftuds ekè;e ls os Hkkx ysuk pkgrs gSa] ds ikl ,d la?kVd
8- cSad vFkok izkFkfed Mhyj vius xzkgdksa dks ;g lsok nsus ds
lgk;d lkekU; cgh (lh,lth,y) [kkrk j[kuk vfuok;Z
fy, Ng iSls izfr lkS #i, rd nykyh@deh'ku@lsok izHkkj
gksxk A dksbZ Hkh fuos'kd bl Ldhe ds v/hu fnukafdr
ds :i esa olwy dj ldrs gSa A ,slh dher fcØh ewY; esa
çfrHkwfr dh fdlh uhykeh esa dsoy ,d cksyh esa Hkkx ys
'kkfey dh tk ldrh gS ;k xzkgdksa ls vyx ls olwy dh tk
ldrk gS A bl vk'k; dk opu fd fuos'kd dsoy ,d
ldrh gS A ,sls ekeys esa tgka izfrHkwfr;ksa dk varj.k izfrHkwfr
cksyh ns jgk gS] cSad vFkok izkFkfed Mhyj }kjk izkIr fd;k
dh fuxZe frfFk ds ckn izHkkoh gksrk gks] cSad ;k izkFkfed
tkuk vkSj fjdkMZ esa j[kk tkuk gksxk A
Mhyj dks xzkgd }kjk ns; izfriQy jkf'k esa fuxZe frfFk ls
2- vius xzkgdksa ls izkIr iDds vkMZj ds vk/kj ij izR;sd cSad
mifpr C;kt 'kkfey gksxk A
vFkok ikzFkfed Mhyj Hkkjrh; fjto ZcdaS dkjs c¯aSdx lkYs ;'w ku¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 3
9- izfrHkwfr;ksa dh ykxr] mifpr C;kt tgka Hkh ykxw gks] rFkk 5. When Issued Trading
nykyh@deh'ku@lsok izHkkjksa ds fy, xzkgdksa ls Hkqxrku izkIr The Stock will be eligible for “When Issued” trading
in accordance with the guidelines issued by the Reserve
djus dh dk;Z&iz.kkyh] cSad ;k izkFkfed Mhyj }kjk xzkgd
Bank of India.
ds lkFk dh xbZ lgefr ds vuqlkj rS;kj dh tk,xh A ;g
6. Tenure
mYys[kuh; gS fd fdlh vU; ykxr] tSls fuf/dj.k ykxr
The Stock will be of twenty years tenure
dks ewY; esa 'kkfey ugha fd;k tkuk pkfg, ;k xzkgdksa ls
commencing from June 9, 2014. The Stock will be repaid at
olwy ugha fd;k tkuk pkfg, A par on June 9, 2020.
V. cSadksa vkSj izkFkfed Mhyjksa dks Hkkjrh; fjtoZ cSad (cSad) 7. Date of Issue and Payment for the Stock
}kjk le;≤ ij ekaxh xbZ ;kstuk ds rgr lapkyuksa ls lacaf/r The result of the auction shall be displayed by the
Reserve Bank of India at its Fort, Mumbai Office on
lwpuk fu/kZfjr le; lhek ds varxZr cSad dks izLrqr djuh gksxh A
August 28, 2014. The payment by successful bidders will be
VI. Åij mfYyf[kr fn'kkfunsZ'k cSad }kjk leh{kk ds v/hu gSa on September 1, 2014, i.e., the date of re-issue. The payment
vkSj rn~uqlkj] tc Hkh vko';drk gksxh] ;kstuk dks la'kksf/r fd;k for the Stock will include accrued interest on the nominal
value of the Stock allotted in the auction from the date of last
tk,xk A
Coupon payment i.e., June 9, 2014 to August 31, 2014.
MINISTRY OF FINANCE
8. Interest
(Department of Economic Affairs)
Interest at the rate of 8.27 per cent per annum will
(BUDGET DIVISION) accrue on the nominal value of the Stock from the date of
NOTIFICATION original issue and will be paid half yearly on
New Delhi, the 22nd August, 2014 December 9 and June 9.
Auction for Sale (Re-issue) of ‘8.27 per cent By Order of the President of India,
Government Stock, 2020’ Dr. RAJAT BHARGAVA, Jt. Secy.
F. No. 4(4)-W & M/2014.—Government of India ANNEXURE
hereby notifies sale (re-issue) of ‘8.27 per cent Government
Scheme for Non-competitive Bidding Facility in the
Stock, 2020’ (hereinafter called ‘the Stock’) for an
Auctions of Government Securities
aggregate amount of ` 2,000 crore (nominal). The sale
I. Scope : With a view to encouraging wider
will be subject to the terms and conditions spelt out in
participation and retail holding of Government securities it
this notification (called ‘Specific Notification’) as also
is proposed to allow participation on “non-competitive”
the terms and conditions specified in the General
basis in select auctions of dated Government of India (GoI)
Notification F. No. 4(13)-W & M/2008, dated October 8,
securities. Accordingly, Non-competitive bids up to
2008 issued by the Government of India.
5 per cent of the notified amount will be accepted in the
2. Method of Issue
auctions of dated securities. The reserved amount will be
The Stock will be sold through Reserve Bank of India,
within the notified amount.
Mumbai Office, Fort, Mumbai-400 001 in the manner as
II. Eligibility : Participation on a non-competitive
prescribed in paragraph 5.1 of the General Notification
basis in the auctions of dated GOI securities will be open
F. No. 4 (13)-W & M/2008, dated October 8, 2008 by a price
to investors who satisfy the following :
based auction using uniform price auction method.
1. do not maintain Current Account (CA) or Subsidiary
3. Allotment to Non-competitive Bidders
General Ledger (SGL) account with the Reserve Bank
The Government Stock up to 5% of the notified
of India.
amount of the sale will be allotted to eligible individuals
Exceptions : Regional Rural Banks (RRBs) and Co-
and institutions as per the enclosed Scheme for Non-
operative Banks shall be covered under this Scheme
competitive Bidding Facility in the Auctions of Government
in view of their statutory obligations.
Securities (Annex).
2. make a single bid for an amount not more than
4. Place and date of Auction
` two crore (face value) per auction.
The auction will be conducted by Reserve
3. submit their bid indirectly through any one bank or
Bank of India, Mumbai Office, Fort, Mumbai-400 001 on
PD offering this scheme.
August 28, 2014. Bids for the auction should be submitted
Exceptions : Regional Rural Banks (RRBs) and Co-
in electronic format on the Reserve Bank of India Core
operative Banks that maintain SGL Account and
Banking Solution (E-Kuber) System on August 28, 2014.
Current Account with the Reserve Bank of India shall
The Non-competitive bids should be submitted between
be eligible to submit their non-competitive bids
10.30 a.m. and 11.30 a.m. and the competitive bids should
directly.
be submitted between 10.30 a.m. and 12.00 noon.4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
III. Coverage : Subject to the conditions mentioned 7. It will be the responsibility of the bank or the PD to
above, participation on “non-competitive” basis is open pass on the securities to their clients. Except in
to any person including firms, companies, corporate bodies, extraordinary circumstances, the transfer of securities
institutions, provident funds, trusts, and any other entity to the clients shall be completed within five working
as may be prescribed by RBI. The minimum amount for days from the date of issue.
bidding will be ` 10,000 (face value) and thereafter in 8. The bank or PD can recover up to six paise per
multiples in ` 10,000 as hitherto for dated stocks. ` 100 as brokerage/commission/service charges for
IV. Other Operational Guidelines : rendering this service to their clients. Such costs
may be built into the sale price or recovered
1. The retail investor desirous of participating in the
separately from the clients. In case the transfer of
auction under the Scheme would be required to
securities is effected subsequent to the issue date of
maintain a Constituent Subsidiary General Ledger
the security, the consideration amount payable by
(CSGL) account with the bank or PD through whom
the client to the bank or PD would also include
they wish to participate. Under the Scheme, an
accrued interest from the date of issue.
investor can make only a single bid in an auction of
a dated security. An undertaking to the effect that 9. Modalities for obtaining payment from clients towards
the investor is making only a single bid will have to cost of the securities, accrued interest wherever
obtain and kept on record by the bank or PD. applicable and brokerage/commission/service
charges may be worked out by the bank or PD as per
2. Each bank or PD on the basis of firm orders received
agreement with the client. It may be noted that no
from their constituents will submit a single
other costs such as funding costs should be built
consolidated Non-competitive bid on behalf of all its
into the price or recovered from the client.
constituents in electronic format on the Reserve Bank
V. Banks and PDs will be required to furnish
of India Core Banking Solution (E-Kuber) System.
information relating to operations under the Scheme to the
Except in extraordinary circumstances such as
Reserve Bank of India (Bank) as may be called for from
general failure of the Reserve Bank of India Core
time to time within the time frame prescribed by the Bank.
Banking Solution (E-Kuber) System, Non-
competitive bid in physical form will not be accepted. VI. The aforesaid guidelines are subject to review
by the Bank and accordingly, if and when considered
3. Allotment under the non-competitive segment to the
necessary, the Scheme will be modified.
bank or PD will be at the weighted average rate of
yield/price that will emerge in the auction on the basis vf/lwpuk
of the competitive bidding. The securities will be ubZ fnYyh] 22 vxLr] 2014
issued to the bank or PD against payment on the
¶8-40 izfr'kr ljdkjh LVkWd 2024¸ dh fcØh
date of issue irrespective of whether the bank or PD
(iqufuxZe) ds fy, uhykeh
has received payment from their clients.
iQk- la- 4(4)Мw ,.M ,e@2014(i)-—Hkkjr ljdkj
4. In case the aggregate amount of bid is more than the
,rn~}kjk 6]000 djksM+ #i, (vafdr) dh dqy jkf'k ds fy,
reserved amount (5% of notified amount), pro rata
allotment would be made. In case of partial allotments, ¶8-40 izfr'kr ljdkjh LVkWd] 2024¸ (ftls blesa blds ckn
it will be the responsibility of the bank or PD to ^LVkWd dgk x;k gS) dh fcØh (iqu£uxZe)vfèklwfpr djrh gSA ;g
appropriately allocate securities to their clients in a fcØh bl vf/lwpuk (ftls ^fof'k"V vfèklwpuk* dgk x;k gS) esa
transparent manner.
mfYyf[kr 'krks± rFkk Hkkjr ljdkj }kjk tkjh lkekU; vfèklwpuk
5. In case the aggregate amount of bids is less than the
iQk-la[;k 4(13)Мw ,.M ,e@2008] rkjh[k 8 vDrwcj] 2008
reserved amount, the shortfall will be taken to
esa fu£n"V 'krks± ds v/hu dh tk,xh A
competitive portion.
2- fuxZe dh fof/
6. Security would be issued only in SGL form by RBI.
bl LVkWd dh fcØh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;]
RBI would credit either the main SGL account or the
CSGL account of the bank or PD as indicated by iQksVZ] eqEcbZ&400 001 ds ekè;e ls rkjh[k 8 vDrwcj] 2008 dh
them. The facility for affording credit to the main lkekU; vf/lwpuk iQk- la[;k 4(13)Мw ,.M ,e@2008 ds
SGL account is for the sole purpose of servicing
iSjk 5-1 esa ;Fkk&fu/kZfjr rjhds ls leewY; uhykeh fof/ dk iz;ksx
investors who are not their constituents. Therefore,
djrs gq, ewY; vkèkkfjr uhykeh }kjk dh tk,xh A
the bank or PD would have to indicate clearly at the
3- vizfrLi/hZ cksyhnkrkvksa dks vkcaVu
time of tendering the non-competitive bids the
amounts (face value) to be credited to their SGL ljdkjh izfrHkwfr;ksa dh uhykfe;ksa esa vizfrLi/hZ cksyh nsus
account and the CSGL account. Delivery in physical dh lqfo/k dh layXu Ldhe (vuqca/) ds vuqlkj] fcØh dh
form from the main SGL account is permissible at the
vfèklwfpr jkf'k ds 5 izfr'kr rd ljdkjh LVkWd ik=k O;fDr;ksa
instance of the investor subsequently.
vkSj laLFkkvksa dks vkcafVr fd;k tk,xk A¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 5
4- uhykeh dk LFkku ,oa rkjh[k 2- tks izfr uhykeh nks djksM+ #i, (vafdr ewY;) ls vuf/d
;g uhykeh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] iQksVZ] jkf'k ds fy, ,d gh cksyh yxkrs gSa_
eqEcbZ&400001 }kjk 28 vxLr] 2014 dks lapkfyr dh tk,xh A 3- tks ;g Ldhe iznku djus okys fdlh ,d cSad vFkok
uhykeh grs qckfsy;k aHkkjrh; fjto ZcdaS dkjs c¯aSdx lkYs ;'w ku (b&Z dcq js ) izkFkfed Mhyj ds ekè;e ls viuh cksyh vizR;{k :i ls
iz.kkyh laca/h bysDVªkWfud izi=k esa 28 vxLr] 2014 dk s iLz rrq dh
izLrqr djrs gSa A
tkuh pkfg,A vizfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls iwokZÉ 11-30
viokn % ,ls s{k=skh; xkzeh.k cdaS (vkjvkjch) rFkk lgdkjh
cts ds chp vkSj izfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls nksigj
cSad tks Hkkjrh; fjtoZ cSad esa ,l-th-,y- [kkrk vkSj pkyw
12-00 cts ds chp izLrqr dh tkuh pkfg, A
[kkrk j[krs gSa] viuh vizfrLi/hZ ckfsy;k as dk s iRz;{k :i ls
5- dc fuxZfer dkjksckj
iLz rrq dju s d s fy, ik=k gkxas s A
;g LVkWd] Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa ds
III. O;kidrk % mi;qZDr 'krks± ds v/hu ¶vizfrLi/hZ¸ vk/kj ij
vuqlkj] ^dc fuxZfer* dkjksckj ds fy, ik=k gksxk A
iQeks±] dEifu;ksa] fuxfer fudk;ksa] laLFkkvksa] Hkfo"; fuf/;ksa]
6- vof/
U;klksa vkSj Hkkjrh; fjtoZ cSad }kjk ;Fkk&fu/kZfjr fdlh vU;
;g LVkWd 28 tqykbZ] 2014 ls izkjEHk gksdj nl o"kZ dh
dEiuh lfgr fdlh Hkh O;fDr ds fy, Hkkxhnkjh [kqyh gS A cksyh
vof/ ds fy, gksxk A bl LVkWd dh pqdkSrh 28 tqykbZ] 2024 dks
leewY; ij dh tk,xh A nsus dh U;wure jkf'k 10]000 #i, (vafdr ewY;) vkSj mlds ckn
7- fuxZe dh rkjh[k vkSj LVkWd ds fy, Hkqxrku 10]000 #i, ds xq.ktksa esa gksxh tSlk vc rd fnukafdr LVkWd ds
uhykeh dk ifj.kke Hkkjrh; fjtoZ cSad }kjk vius iQksVZ fy, gS A
fLFkr eEqcb Zdk;kyZ ; e as28 vxLr] 2014 dk sinz £'kr fd;k tk,xk A IV. vU; izpkyukRed fn'kkfunsZ'k %
liQy cksyhnkrkvksa }kjk Hkqxrku 1 flrEcj] 2014 vFkkZr~ iqu£uxZe 1- [kqnjk fuos'kd ds fy, ml cSad vFkok izkFkfed Mhyj]
dh rkjh[k dks fd;k tk,xk A LVkWd ds fy, Hkqxrku esa uhykeh esa ftuds ekè;e ls os Hkkx ysuk pkgrs gSa] ds ikl ,d la?kVd
vkcafVr LVkd ds vafdr ewY; ij] ewyfuxZe dh rkjh[k ls vFkkZr~ lgk;d lkekU; cgh (lh,lth,y) [kkrk j[kuk vfuok;Z
28 tqykbZ] 2014 ls 31 vxLr] 2014 rd] izksn~Hkwr C;kt 'kkfey
gksxk A dksbZ Hkh fuos'kd bl Ldhe ds v/hu fnukafdr
gksxk A
çfrHkwfr dh fdlh uhykeh esa dsoy ,d cksyh esa Hkkx ys
8- C;kt
ldrk gS A bl vk'k; dk opu fd fuos'kd dsoy ,d
ewy fuxZe dh rkjh[k ls LVkWd ds vafdr ewY; ij 8-40
cksyh ns jgk gS] cSad vFkok izkFkfed Mhyj }kjk izkIr fd;k
izfr'kr izfro"kZ dh nj ls C;kt izksn~Hkr gksxk rFkk bldk Hkqxrku
tkuk vkSj fjdkMZ esa j[kk tkuk gksxk A
v¼Z&ok£"kd vk/kj ij 28 tuojh vkSj 28 tqykbZ dks fd;k
2- vius xzkgdksa ls izkIr iDds vkMZj ds vk/kj ij izR;sd cSad
tk,xk A
vFkok ikzFkfed Mhyj Hkkjrh; fjto ZcdaS dkjs c¯aSdx lkYs ;'w ku
Hkkjr ds jk"Vªifr ds vkns'k ls]
(bZ&dqcsj) iz.kkyh laca/h bysDVªkWfud çi=k esa vius xzzkgdksa
MkW- jtr HkkxZo] la;qDr lfpo
dh vksj ls ,d ,dy lesfdr vçfrLi/hZ cksyh çLrqr
vucq /a
djsxk A vlk/kj.k ifjfLFkfr;ksa] tSls Hkkjrh; fjtZoZ cSad dksj
ljdkjh izfrHkwfr;ksa dh uhykeh esa vizfrLi/hZ cksyh
cSa¯dx lksY;w'ku (bZ&dqcsj) ç.kkyh esa lkekU; xM+cM+h dks
lqfo/k Ldhe
NksM+dj HkkSfrd :i esa vçfrLi/hZ cksyh Lohdkj ugha dh
I. dk;Z{ks=k % ljdkjh izfrHkwfr;ksa dh O;kid Hkkxhnkjh vkSj
tk,xh A
[kqnjk /kfjrk dks izksRlkgu nsus dh n`f"V ls Hkkjr ljdkj dh
fnukafdr izfrHkwfr;ksa dh p;fur uhykfe;ksa esa ¶vizfrLi/hZ¸ vk/kj 3- cSad vFkok izkFkfed Mhyj dks vizfrLi/hZ [kaM ds v/hu
ij Hkkxhnkjh dh vuqefr nsus dk izLrko fd;k x;k gS A rn~uqlkj] vkcaVu izfrykHk@dher dh ml Hkkjkaf'kr vkSlr nj ij
fnukafdr izfrHkwfr;ksa dh uhykfe;ksa esa vf/lwfpr jkf'k ds 5 izfr'kr gksxk] tks izfrLi/hZ cksyh nsus ds vk/kj ij uhykeh esa lkeus
rd dh vizfrLi/hZ cksfy;ka Lohdkj dh tk,axh A izkjf{kr jkf'k vk,xh A bl ckr ij è;ku fn, fcuk fd cSad vFkok
vf/lwfpr jkf'k ds vUrxZr gksxh A izkFkfed Mhyj us vius xzkgdksa ls Hkqxrku izkIr dj fy;k gS
II. ik=krk % Hkkjr ljdkj dh fnukafdr izfrHkwfr;ksa dh uhykfe;ksa ;k ugha] fuxZe dh rkjh[k dks Hkqxrku izkIr djds cSad ;k
esa vizfrLi/hZ vk/kj ij ,sls fuos'kdksa ds fy, Hkkxhnkjh [kqyh gksxh izkFkfed Mhyj dks izfrHkwfr;ka tkjh dh tk,axh A
tks fuEufyf[kr 'krks± dks iwjk djrs gSa %
4- ,sls ekeys esa] tgka cksyh dh jkf'k izkjf{kr jkf'k
1- tks Hkkjrh; fjtoZ cSad ds ikl pkyw [kkrk (lh,) vFkok
(vf/lwfpr jkf'k ds 5 izfr'kr) ls vf/d gS ;Fkkuqikr
lgk;d lkekU; cgh (,lth,y) [kkrk ugha j[krs gSa_
vkcaVu fd;k tk,xk A vkaf'kd vkcaVuksa ds ekeys esa] ;g
viokn % {ks=kh; xzkeh.k cSadksa (vkjvkjch) vkSj lgdkjh cSad vFkok izkFkfed Mhyjksa dk nkf;Ro gksxk fd og vius
cSadksa dks muds lkafof/d nkf;Roksa ds n`f"Vxr bl Ldhe ds
xzkgdksa dks izfrHkwfr;ksa dk mfpr vkcaVu ,d ikjn'khZ rjhds
v/hu 'kkfey fd;k tk,xk A
ls djsa A6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
5- ,sls ekeys esa tgka cksyh jkf'k izkjf{kr jkf'k ls de gks] deh Government Stock, 2024' (hereinafter called 'the Stock')
dks izfrLi/hZ Hkkx esa 'kkfey fd;k tk,xk A for an aggregate amount of ` 6,000 crore (nominal). The
sale will be subject to the terms and conditions spelt out
6- izfrHkwfr dks Hkkjrh; fjtoZ cSad }kjk dsoy ,lth,y :i esa
in this notification (called ‘Specific Notification’) as also
tkjh fd;k tk,xk A Hkkjrh; fjtoZ cSad bls ;k rks cSad the terms and conditions specified in the General
vFkok izkFkfed Mhyj ds eq[; ,lth,y [kkrs vFkok Notification F. No. 4 (13)-W & M/2008, dated October 8,
2008 issued by Government of India.
lh,lth,y [kkr se astek djxs k] tlS kfd muds }kjk fun'Zs k fn;k
x;k gS A eq[; ,lth,y [kkrs esa tek djus dh lqfo/k 2. Method of Issue
,dek=k mu fuos'kdksa dh lsok ds iz;kstukFkZ gS tks muds The Stock will be sold through Reserve Bank of India,
Mumbai Office, Fort, Mumbai-400 001 in the manner as
?kVd ugha gSa A vr% cSad vFkok izkFkfed Mhyjksa dks
prescribed in paragraph 5.1 of the General Notification
vizfrLièkhZ cksfy;ksa dh fufonk nsrs le; muds ,lth,y
F. No. 4 (13)-W & M/2008, dated October 8, 2008 by a price
[kkrs vkSj lh,lth,y [kkrs esa tek gksus okyh jkf'k;ksa based auction using uniform price auction method.
(vafdr ewY;) dks Li"V :i ls n'kkZuk gksxk A ckn esa
3. Allotment to Non-competitive Bidders
fuos'kd ds vuqjks/ ij eq[; ,lth,y [kkrs ls okLrfod
The Government Stock up to 5% of the notified
:i esa dh xbZ lqiqnZxh Lohdk;Z gS A amount of the sale will be allotted to eligible individuals
and institutions as per the enclosed Scheme for Non-
7- ;g cSad vFkok izkFkfed Mhyj dk nkf;Ro gS fd og xzkgd
competitive Bidding Facility in the Auctions of Government
dks izfrHkwfr;ka gLrkarfjr djs A vlk/kj.k ifjfLFkfr;ksa dks
Securities (Annex).
NksM+dj] xzkgdksa dks izfrHkwfr;ksa dk varj.k fuxZe dh frfFk
4. Place and date of Auction
ls ikap dk;Z&fnolksa ds Hkhrj iwjk fd;k tk,xk A
The auction will be conducted by Reserve
8- cSad vFkok izkFkfed Mhyj vius xzkgdksa dks ;g lsok nsus ds Bank of India, Mumbai Office, Fort, Mumbai-400 001 on
fy, Ng iSls izfr lkS #i, rd nykyh@deh'ku@lsok izHkkj August 28, 2014. Bids for the auction should be submitted
in electronic format on the Reserve Bank of India Core
ds :i esa olwy dj ldrs gSa A ,slh dher fcØh ewY; esa
Banking Solution (E-Kuber) System on August 28, 2014.
'kkfey dh tk ldrh gS ;k xzkgdksa ls vyx ls olwy dh tk
The Non-competitive bids should be submitted between
ldrh gS A ,sls ekeys esa tgka izfrHkwfr;ksa dk varj.k izfrHkwfr
10.30 a.m. and 11.30 a.m. and the competitive bids should
dh fuxZe frfFk ds ckn izHkkoh gksrk gks] cSad ;k izkFkfed be submitted between 10.30 a.m. and 12.00 noon.
Mhyj dks xzkgd }kjk ns; izfriQy jkf'k esa fuxZe frfFk ls 5. When Issued Trading
mifpr C;kt 'kkfey gksxk A
The Stock will be eligible for “When Issued” trading
9- izfrHkwfr;ksa dh ykxr] mifpr C;kt tgka Hkh ykxw gks] rFkk in accordance with the guidelines issued by the Reserve
Bank of India.
nykyh@deh'ku@lsok izHkkjksa ds fy, xzkgdksa ls Hkqxrku izkIr
6. Tenure
djus dh dk;Z&iz.kkyh] cSad ;k izkFkfed Mhyj }kjk xzkgd
The Stock will be of ten year tenure commencing
ds lkFk dh xbZ lgefr ds vuqlkj rS;kj dh tk,xh A ;g
from July 28, 2014. The Stock will be repaid at par on July
mYys[kuh; gS fd fdlh vU; ykxr] tSls fuf/dj.k ykxr
28, 2024.
dks ewY; esa 'kkfey ugha fd;k tkuk pkfg, ;k xzkgdksa ls
7. Date of Issue and Payment for the Stock
olwy ugha fd;k tkuk pkfg, A
The result of the auction shall be displayed by the
V. cSadksa vkSj izkFkfed Mhyjksa dks Hkkjrh; fjtoZ cSad (cSad) Reserve Bank of India at its Fort, Mumbai Office on August
}kjk le;≤ ij ekaxh xbZ ;kstuk ds rgr lapkyuksa ls lacaf/r 28, 2014. The payment by successful bidders will be on
lwpuk fu/kZfjr le;&lhek ds varxZr cSad dks izLrqr djuh gksxh A September 1, 2014, i.e., the date of issue. The payment for
the Stock will include accrued interest on the nominal value
VI. Åij mfYyf[kr fn'kkfunsZ'k cSad }kjk leh{kk ds v/hu gaS of the Stock allotted in the auction from the date of original
vkSj rn~uqlkj] tc Hkh vko';drk gksxh] ;kstuk dks la'kksf/r fd;k issue i.e. July 28, 2014 to August 31, 2014.
tk,xk A 8. Interest
NOTIFICATION Interest at the rate of 8.40 per cent per annum will
accure on the nominal value of the Stock from the date of
New Delhi, the 22nd August, 2014
original issue and will be paid half yearly on January 28
Auction for Sale (Re-issue) of '8.40 per cent
and July 28.
Government Stock, 2024'
By Order of the President of India,
F. No. 4(4)-W & M/2014(i).—Government of India
Dr. RAJAT BHARGAVA, Jt. Secy.
hereby notifies sale (re-issue) of ‘8.40 per cent¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 7
ANNEXURE Banking Solution (E-Kuber) System, Non-
Scheme for Non-competitive Bidding Facility in the competitive bid in physical form will not be accepted.
Auctions of Government Securities 3. Allotment under the Non-competitive segment to the
I. Scope : With a view to encouraging wider bank or PD will be at the weighted average rate of
participation and retail holding of Government securities it yield/price that will emerge in the auction on the basis
is proposed to allow participation on “non-competitive” of the competitive bidding. The securities will be
basis in select auctions of dated Government of India (GoI) issued to the bank or PD against payment on the
securities. Accordingly, Non-competitive bids up to date of issue irrespective of whether the bank or PD
5 per cent of the notified amount will be accepted in the has received payment from their clients.
auctions of dated securities. The reserved amount will be
within the notified amount. 4. In case the aggregate amount of bid is more than the
reserved amount (5% of notified amount), pro rata
II. Eligibility : Participation on a non-competitive
allotment would be made. In case of partial allotments,
basis in the auctions of dated GOI securities will be open
it will be the responsibility of the bank or PD to
to investors who satisfy the following :
appropriately allocate securities to their clients in a
1. do not maintain Current Account (CA) or Subsidiary
transparent manner.
General Ledger (SGL) account with the Reserve Bank
of India. 5. In case the aggregate amount of bids is less than the
Exceptions : Regional Rural Banks (RRBs) and Co- reserved amount, the shortfall will be taken to
operative Banks shall be covered under this Scheme competitive portion.
in view of their statutory obligations.
6. Security would be issued only in SGL form by RBI.
2. make a single bid for an amount not more than
RBI would credit either the main SGL account or the
` two crore (face value) per auction.
CSGL account of the bank or PD as indicated by
3. submit their bid indirectly through any one bank or them. The facility for affording credit to the main
PD offering this scheme. SGL account is for the sole purpose of servicing
Exceptions : Regional Rural Banks (RRBs) and Co- investors who are not their constituents. Therefore,
operative Banks that maintain SGL account and the bank or PD would have to indicate clearly at the
current account with the Reserve Bank of India shall time of tendering the Non-competitive bids the
be eligible to submit their non-competitive bids directly. amounts (face value) to be credited to their SGL
account and the CSGL account. Delivery in physical
III. Coverage : Subject to the conditions mentioned
form from the main SGL account is permissible at the
above, participation on “non-competitive” basis is open
instance of the investor subsequently.
to any person including firms, companies, corporate bodies,
institutions, provident funds, trusts, and any other entity
7. It will be the responsibility of the bank or the PD to
as may be prescribed by RBI. The minimum amount for
pass on the securities to their clients. Except in
bidding will be ` 10,000 (face value) and thereafter in
extraordinary circumstances, the transfer of securities
multiples in ` 10,000 as hitherto for dated stocks.
to the clients shall be completed within five working
IV. Other Operational Guidelines : days from the date of issue.
1. The retail investor desirous of participating in the 8. The bank or PD can recover up to six paise per
auction under the Scheme would be required to ` 100 as brokerage/commission/service charges for
maintain a Constituent Subsidiary General Ledger rendering this service to their clients. Such costs
(CSGL) account with the bank or PD through whom may be built into the sale price or recovered
they wish to participate. Under the Scheme, an separately from the clients. In case the transfer of
investor can make only a single bid in an auction of securities is effected subsequent to the issue date of
a dated security. An undertaking to the effect that the security, the consideration amount payable by
the investor is making only a single bid will have to the client to the bank or PD would also include
obtained and kept on record by the bank or PD. accrued interest from the date of issue.
2. Each bank or PD on the basis of firm orders received 9. Modalities for obtaining payment from clients towards
from their constituents will submit a single cost of the securities, accrued interest wherever
consolidated Non-competitive bid on behalf of all its applicable and brokerage/commission/service
constituents in electronic format on the Reserve Bank charges may be worked out by the bank or PD as per
of India Core Banking Solution (E-Kuber) System. agreement with the client. It may be noted that no
Except in extraordinary circumstances such as other costs such as funding costs should be built
general failure of the Reserve Bank of India Core into the price or recovered from the client.8 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
V. Banks and PDs will be required to furnish 6- vof/
information relating to operations under the Scheme to the
;g LVkWd 2 vxLr] 2007 ls izkjEHk gksdj iPphl o"kZ dh
Reserve Bank of India (Bank) as may be called for from
vof/ ds fy, gksxk A bl LVkWd dh pqdkSrh 2 vxLr] 2032 dks
time to time within the time frame prescribed by the Bank.
leewY; ij dh tk,xh A
VI. The aforesaid guidelines are subject to review
by the Bank and accordingly, if and when considered 7- fuxZe dh rkjh[k vkSj LVkWd ds fy, Hkqxrku
necessary, the Scheme will be modified.
uhykeh dk ifj.kke Hkkjrh; fjtoZ cSad }kjk vius iQksVZ
vf/lwpuk
fLFkr eqEcbZ dk;kZy; esa 28 vxLr] 2014 dks izn£'kr fd;k
ubZ fnYyh] 22 vxLr] 2014 tk,xkA liQy cksyhnkrkvksa }kjk Hkqxrku 1 flrEcj] 2014 vFkkZr~
iqu£uxZe dh rkjh[k dks fd;k tk,xk A LVkWd ds fy, Hkqxrku esa
^^8-32 çfr'kr ljdkjh LVkWd 2032** dh fcØh
uhykeh esa vkcafVr LVkWd ds vafdr ewY; ij] vafre dwiu Hkqxrku
(iqu£uxZe) ds fy, uhykeh
dh rkjh[k ls vFkkZr~ 2 vxLr] 2014 ls 31 vxLr] 2014 rd]
iQk- la- 4(4)Мw ,.M ,e@2014 (ii)-—Hkkjr ljdkj] izksn~Hkwr C;kt 'kkfey gksxkA
,rn~}kjk 2]000 djksM+ #i, (vafdr) dh dqy jkf'k osQ fy,
8- C;kt
^^8-32 izfr'kr ljdkjh LVkWd] 2032** (ftls blesa blds ckn
vafre dwiu dh rkjh[k ls LVkWd ds vafdr ewY; ij 8-32
^LVkWd* dgk x;k gS) dh fcØh (iqufuZxZe) vf/lwfpr djrh gS A
izfr'kr izfro"kZ dh nj ls C;kt izksn~Hkwr gksxk rFkk bldk Hkqxrku
;g fcØh bl vfèklwpuk (ftls ^fof'k"V vf/lwpuk* dgk x;k gS)
v¼&Z okf"kdZ vk/kj ij 2 iQjojh vkjS 2 vxLr dk s fd;k tk,xkA
esa mfYyf[kr 'krks± rFkk Hkkjr ljdkj }kjk tkjh lkekU; vf/lwpuk
iQk- la[;k 4(13)Мw ,.M ,e@2008] rkjh[k 8 vDrwcj] Hkkjr ds jk"Vªifr ds vkns'k ls]
2008 esa fu£n"V 'krks± ds v/hu dh tk,xh A
MkW- jtr HkkxZo] la;qDr lfpo
2- fuxZe dh fof/ vucq /a
bl LVkWd dh fcØh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] ljdkjh izfrHkwfr;ksa dh uhykeh esa vizfrLi/hZ cksyh
iQksVZ] eqEcbZ&400001 ds ekè;e ls rkjh[k 8 vDrwcj] 2008 dh lqfo/k Ldhe
lkekU; vf/lwpuk iQk- la[;k 4(13)Мw ,.M ,e@2008 ds I. dk;Z{ks=k % ljdkjh izfrHkwfr;ksa dh O;kid Hkkxhnkjh vkSj
iSjk 5-1 esa ;Fkk&fu/kZfjr rjhds ls fofo/ ewY; uhykeh fof/ dk [kqnjk /kfjrk dks izksRlkgu nsus dh n`f"V ls Hkkjr ljdkj dh
iz;ksx djrs gq, ewY; vkèkkfjr uhykeh }kjk dh tk,xh A fnukafdr izfrHkwfr;ksa dh p;fur uhykfe;ksa esa ¶vizfrLi/hZ¸ vk/kj
ij Hkkxhnkjh dh vuqefr nsus dk izLrko fd;k x;k gS A rnuqlkj]
3- vizfrLi/hZ cksyhnkrkvksa dks vkcaVu
fnukafdr izfrHkwfr;ksa dh uhykfe;ksa esa vf/lwfpr jkf'k ds 5 izfr'kr
ljdkjh izfrHkwfr;ksa dh uhykfe;ksa esa vizfrLi/hZ cksyh nsus rd dh vizfrLi/hZ cksfy;ka Lohdkj dh tk,axh A izkjf{kr jkf'k
dh lqfo/k dh layXu Ldhe (vuqca/) ds vuqlkj] fcØh dh vf/lwfpr jkf'k ds vUrxZr gksxh A
vfèklwfpr jkf'k dk 5 izfr'kr rd ljdkjh LVkWd ik=k O;fDr;ksa
II. ik=krk % Hkkjr ljdkj dh fnukafdr izfrHkwfr;ksa dh uhykfe;ksa
vkSj laLFkkvksa dks vkcafVr fd;k tk,xk A
esa vizfrLi/hZ vk/kj ij ,sls fuos'kdksa ds fy, Hkkxhnkjh [kqyh gksxh
tks fuEufyf[kr 'krks± dks iwjk djrs gSa %
4- uhykeh dk LFkku ,oa rkjh[k
1- tks Hkkjrh; fjtoZ cSad ds ikl pkyw [kkrk (lh,) vFkok
;g uhykeh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] iQksVZ]
lgk;d lkekU; cgh (,lth,y) [kkrk ugha j[krs gSa _
eqEcbZ&400001 }kjk 28 vxLr] 2014 dks lapkfyr dh tk,xh A
viokn % {ks=kh; xzkeh.k cSadksa (vkjvkjch) vkSj lgdkjh
uhykeh grs qckfsy;k aHkkjrh; fjto ZcdaS dkjs c¯Sdx lkYs ;'w ku (b&Z dcq js )
cSadksa dks muds lkafof/d nkf;Roksa ds n`f"Vxr bl Ldhe ds
iz.kkyh laca/h bysDVªkWfud izi=k esa 28 vxLr] 2014 dk s iLz rrq dh
tkuh pkfg,A vizfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls iwokZÉ 11-30 v/hu 'kkfey fd;k tk,xk A
cts ds chp vkSj izfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls nksigj 2- tks izfr uhykeh nks djksM+ #i, (vafdr ewY;) ls vuf/d
12-00 cts ds chp izLrqr dh tkuh pkfg, A jkf'k ds fy, ,d gh cksyh yxkrs gSa _
3- tks ;g Ldhe iznku djus okys fdlh ,d cSad vFkok
5- dc fuxZfer dkjksckj
izkFkfed Mhyj ds ekè;e ls viuh cksyh vizR;{k :i ls
;g LVkWd] Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa ds
izLrqr djrs gSa A
vuqlkj] ^dc fuxZfer* dkjksckj ds fy, ik=k gksxk A
viokn % ,ls s{k=skh; xkzeh.k cdaS (vkjvkjch) rFkk lgdkjh
cSad tks Hkkjrh; fjtoZ cSad esa ,lth,y [kkrk vkSj pkyw¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 9
[kkrk j[krs gSa] viuh vizfrLi/hZ ckfsy;k as dk s iRz;{k :i ls ,dek=k mu fuos'kdksa dh lsok ds iz;kstukFkZ gS tks muds
iLz rrq dju s d s fy, ik=k gkxas s A ?kVd ugha gSa A vr% cSad vFkok izkFkfed Mhyjksa dks
III. O;kidrk % mi;qZDr 'krks± ds v/hu ¶vizfrLi/hZ¸ vk/kj ij vizfrLièkhZ cksfy;ksa dh fufonk nsrs le; muds ,lth,y
iQeks±] dEifu;ksa] fuxfer fudk;ksa] laLFkkvksa] Hkfo"; fuf/;ksa] [kkrs vkSj lh,lth,y [kkrs esa tek gksus okyh jkf'k;ksa
U;klksa vkSj Hkkjrh; fjtoZ cSad }kjk ;Fkk&fu/kZfjr fdlh vU; (vafdr ewY;) dks Li"V :i ls n'kkZuk gksxk A ckn esa
dEiuh lfgr fdlh Hkh O;fDr ds fy, Hkkxhnkjh [kqyh gS A cksyh fuos'kd ds vuqjks/ ij eq[; ,lth,y [kkrs ls okLrfod
nsus dh U;wure jkf'k 10]000 #i, (vafdr ewY;) vkSj mlds ckn :i esa dh xbZ lqiqnZxh Lohdk;Z gS A
10]000 #i, ds xq.ktksa esa gksxh tSlk vc rd fnukafdr LVkWd ds 7- ;g cSad vFkok izkFkfed Mhyj dk nkf;Ro gS fd og xzkgd
fy, gS A dks izfrHkwfr;ka gLrkarfjr djs A vlk/kj.k ifjfLFkfr;ksa dks
IV. vU; izpkyukRed fn'kkfunsZ'k % NksM+dj] xzkgdksa dks izfrHkwfr;ksa dk varj.k fuxZe dh frfFk
ls ikap dk;Z&fnolksa ds Hkhrj iwjk fd;k tk,xk A
1- [kqnjk fuos'kd ds fy, ml cSad vFkok izkFkfed Mhyj]
8- cSad vFkok izkFkfed Mhyj vius xzkgdksa dks ;g lsok nsus ds
ftuds ekè;e ls os Hkkx ysuk pkgrs gSa] ds ikl ,d la?kVd
fy, Ng iSls izfr lkS #i, rd nykyh@deh'ku@lsok izHkkj
lgk;d lkekU; cgh (lh,lth,y) [kkrk j[kuk vfuok;Z
ds :i esa olwy dj ldrs gSa A ,slh dher fcØh ewY; esa
gksxk A dksbZ Hkh fuos'kd bl Ldhe ds v/hu fnukafdr
'kkfey dh tk ldrh gS ;k xzkgdksa ls vyx ls olwy dh tk
çfrHkwfr dh fdlh uhykeh esa dsoy ,d cksyh esa Hkkx ys
ldrh gS A ,sls ekeys esa tgka izfrHkwfr;ksa dk varj.k izfrHkwfr
ldrk gS A bl vk'k; dk opu fd fuos'kd dsoy ,d
dh fuxZe frfFk ds ckn izHkkoh gksrk gks] cSad ;k izkFkfed
cksyh ns jgk gS] cSad vFkok izkFkfed Mhyj }kjk izkIr fd;k
Mhyj dks xzkgd }kjk ns; izfriQy jkf'k esa fuxZe frfFk ls
tkuk vkSj fjdkMZ esa j[kk tkuk gksxk A
mifpr C;kt 'kkfey gksxk A
2- vius xzkgdksa ls izkIr iDds vkMZj ds vk/kj ij izR;sd cSad
9- izfrHkwfr;ksa dh ykxr] mifpr C;kt tgka Hkh ykxw gks] rFkk
vFkok ikzFkfed Mhyj Hkkjrh; fjtoZ cdaS dkjs c¯aSdx lkYs ;'w ku
nykyh@deh'ku@lsok izHkkjksa ds fy, xzkgdksa ls Hkqxrku izkIr
(bZ&dqcsj) iz.kkyh laca/h bysDVªkWfud çi=k esa vius xzzkgdksa
djus dh dk;Z&iz.kkyh] cSad ;k izkFkfed Mhyj }kjk xzkgd
dh vksj ls ,d ,dy lesfdr vçfrLi/hZ cksyh çLrqr
ds lkFk dh xbZ lgefr ds vuqlkj rS;kj dh tk,xh A ;g
djsxk A vlk/kj.k ifjfLFkfr;ksa] tSls Hkkjrh; fjtZoZ cSad dksj
mYys[kuh; gS fd fdlh vU; ykxr] tSls fuf/dj.k ykxr
cSa¯dx lksY;w'ku (bZ&dqcsj) ç.kkyh esa lkekU; xM+cM+h dks
dks ewY; esa 'kkfey ugha fd;k tkuk pkfg, ;k xzkgdksa ls
NksM+dj] HkkSfrd :i esa vçfrLi/hZ cksyh Lohdkj ugha dh
olwy ugha fd;k tkuk pkfg, A
tk,xh A
3- cSad vFkok izkFkfed Mhyj dks vizfrLi/hZ [kaM ds v/hu V. cSadksa vkSj izkFkfed Mhyjksa dks Hkkjrh; fjtoZ cSad (cSad)
vkcaVu izfrykHk@dher dh ml Hkkjkaf'kr vkSlr nj ij }kjk le;≤ ij ekaxh xbZ ;kstuk ds rgr lapkyuksa ls lacaf/r
gksxk] tks izfrLi/hZ cksyh nsus ds vk/kj ij uhykeh esa lkeus lwpuk fu/kZfjr le;&lhek ds varxZr cSad dks izLrqr djuh gksxh A
vk,xh A bl ckr ij è;ku fn, fcuk fd cSad vFkok
VI. Åij mfYyf[kr fn'kkfunsZ'k cSad }kjk leh{kk ds v/hu gS
izkFkfed Mhyj us vius xzkgdksa ls Hkqxrku izkIr dj fy;k gS
vkSj rn~uqlkj] tc Hkh vko';drk gksxh] ;kstuk dks la'kksf/r fd;k
;k ugha] fuxZe dh rkjh[k dks Hkqxrku izkIr djds cSad ;k
tk,xk A
izkFkfed Mhyj dks izfrHkwfr;ka tkjh dh tk,axh A
4- ,sls ekeys esa] tgka cksyh dh jkf'k izkjf{kr jkf'k (vfèklwfpr
jkf'k ds 5 izfr'kr) ls vf/d gS ;Fkkuqikr vkcaVu fd;k NOTIFICATION
tk,xk A vkaf'kd vkcaVuksa ds ekeys esa] ;g cSad vFkok New Delhi, the 22nd August, 2014
izkFkfed Mhyjksa dk nkf;Ro gksxk fd og vius xzkgdksa dks Auction for Sale (Re-issue) of ‘8.32 per cent
izfrHkwfr;ksa dk mfpr vkcaVu ,d ikjn'khZ rjhds ls djsa A Government Stock, 2032’
5- ,sls ekeys esa tgka cksyh jkf'k izkjf{kr jkf'k ls de gks] deh F. No. 4(4)-W&M/2014 (ii).—Government of India
hereby notifies sale (re-issue) of ‘8.32 per cent Government
dks izfrLi/hZ Hkkx esa 'kkfey fd;k tk,xk A
Stock, 2032’ (hereinafter called ‘the Stock’) for an
6- izfrHkwfr dks Hkkjrh; fjtoZ cSad }kjk dsoy ,lth,y :i esa aggregate amount of ` 2,000 crore (nominal). The sale will
tkjh fd;k tk,xk A Hkkjrh; fjtoZ cSad bls ;k rks cSad be subject to the terms and conditions spelt out in this
vFkok izkFkfed Mhyj ds eq[; ,lth,y [kkrs vFkok notification (called ‘Specific Notification’) as also the
terms and conditions specified in the General Notification
lh,lth,y [kkr se astek djxs k] tlS kfd muds }kjk fun'Zs k fn;k
F. No. 4(13)-W&M/2008, dated October 8, 2008 issued by
x;k gS A eq[; ,lth,y [kkrs esa tek djus dh lqfo/k
Government of India.10 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
2. Method of Issue basis in select auctions of dated Government of India (GoI)
securities. Accordingly, non-competitive bids up to 5 per
The Stock will be sold through Reserve Bank of
cent of the notified amount will be accepted in the auctions
India, Mumbai Office, Fort, Mumbai-400001 in the manner
of dated securities. The reserved amount will be within the
as prescribed in paragraph 5.1 of the General Notification
notified amount.
F. No. 4 (13)-W & M/2008, dated October 8, 2008 by a price
based auction using uniform price auction method. II. Eligibility : Participation on a non-competitive
basis in the auctions of dated GOI securities will be open
3. Allotment to Non-competitive Bidders
to investors who satisfy the following :
The Government Stock up to 5% of the notified 1. do not maintain Current Account (CA) or Subsidiary
amount of the sale will be allotted to eligible individuals General Ledger (SGL) account with the Reserve Bank
and institutions as per the enclosed Scheme for Non- of India.
competitive Bidding Facility in the Auctions of Government Exceptions : Regional Rural Banks (RRBs) and Co-
Securities (Annex). operative Banks shall be covered under this Scheme
4. Place and date of Auction in view of their statutory obligations.
2. make a single bid for an amount not more than
The auction will be conducted by Reserve
` two crore (face value) per auction.
Bank of India, Mumbai Office, Fort, Mumbai-400 001 on
August 28, 2014. Bids for the auction should be submitted 3. submit their bid indirectly through any one bank or
in electronic format on the Reserve Bank of India Core PD offering this scheme.
Banking Solution (E-Kuber) System on August 28, 2014. Exceptions : Regional Rural Banks (RRBs) and Co-
The non-competitive bids should be submitted between operative Banks that maintain SGL account and
10.30 a.m. and 11.30 a.m. and the competitive bids should current account with the Reserve Bank of India shall
be submitted between 10.30 a.m. and 12.00 noon. be eligible to submit their non-competitive bids
5. When Issued Trading directly.
The Stock will be eligible for “When Issued” trading III. Coverage : Subject to the conditions mentioned
in accordance with the guidelines issued by the Reserve above, participation on “non-competitive” basis is open
Bank of India. to any person including firms, companies, corporate bodies,
institutions, provident funds, trusts, and any other entity
6. Tenure
as may be prescribed by RBI. The minimum amount for
The Government Stock will be of Seventeen years bidding will be ` 10,000 (face value) and thereafter in
tenure commencing from August 2, 2007. The Stock will multiples in ` 10,000 as hitherto for dated stocks.
be repaid at par on August 2, 2032.
IV. Other Operational Guidelines :
7. Date of Issue and Payment for the Stock
1. The retail investor desirous of participating in the
The result of the auction shall be displayed by the
auction under the Scheme would be required to
Reserve Bank of India at its Fort, Mumbai Office on August
maintain a Constituent Subsidiary General Ledger
28, 2014. The payment by successful bidders will be on
(CSGL) account with the bank or PD through whom
September 1, 2014, i.e., the date of re-issue. The payment for
they wish to participate. Under the Scheme, an
the Stock will include accrued interest on the nominal value
investor can make only a single bid in an auction of
of the Stock allotted in the auction from the date of last
a dated security. An undertaking to the effect that
coupon payment i.e., August 2, 2014 to August 31, 2014.
the investor is making only a single bid will have to
8. Interest obtained and kept on record by the bank or PD.
Interest at the rate of 8.32 per cent per annum will 2. Each bank or PD on the basis of firm orders received
accrue on the nominal value of the Stock from the date of from their constituents will submit a single
last coupon payment and will be paid half-yearly on consolidated non-competitive bid on behalf of all its
February 2 and August 2. constituents in electronic format on the Reserve Bank
of India Core Banking Solution (E-Kuber) System.
By Order of the President of India,
Except in extraordinary circumstances such as
Dr. RAJAT BHARGAVA, Jt. Secy.
general failure of the Reserve Bank of India Core
ANNEXURE
Banking Solution (E-Kuber) System, Non-
Scheme for Non-competitive Bidding Facility in the competitive bid in physical form will not be accepted.
Auctions of Government Securities
3. Allotment under the non-competitive segment to the
I. Scope : With a view to encouraging wider bank or PD will be at the weighted average rate of
participation and retail holding of Government securities it yield/price that will emerge in the auction on the basis
is proposed to allow participation on “non-competitive” of the competitive bidding. The securities will be¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 11
issued to the bank or PD against payment on the vf/lwpuk
date of issue irrespective of whether the bank or PD
ubZ fnYyh] 22 vxLr] 2014
has received payment from their clients.
¶9-23 izfr'kr ljdkjh LVkWd 2043¸ dh fcØh
4. In case the aggregate amount of bid is more than the
(iqu£uxe) ds fy, uhykeh
reserved amount (5 % of notified amount), pro rata
allotment would be made. In case of partial allotments, iQk- l-a 4(4)М w,.M ,e@2014 (iii)-—Hkkjr ljdkj]
it will be the responsibility of the bank or PD to ,rn~}kjk 2]000 djkMs + #i, (vfadr) dh dyq jkf'k d s fy, ¶9-23
appropriately allocate securities to their clients in a
izfr'kr ljdkjh LVkWd] 2043¸ (ftls blesa blds ckn ^LVkWd* dgk
transparent manner.
x;k gS) dh fcØh (iqu£uxZe)vfèklwfpr djrh gSA ;g fcØh bl
5. In case the aggregate amount of bids is less than the
vf/lwpuk (ftls ^fof'k"V vf/lwpuk* dgk x;k gS) esa mfYyf[kr
reserved amount, the shortfall will be taken to
'krks± rFkk Hkkjr ljdkj }kjk tkjh lkekU; vf/lwpuk iQk- la[;k
competitive portion.
4(13)Мw ,.M ,e@2008] rkjh[k 8 vDrwcj] 2008 esa fu£n"V
6. Security would be issued only in SGL form by RBI.
'krks± ds v/hu dh tk,xh A
RBI would credit either the main SGL account or the
CSGL account of the bank or PD as indicated by
2- fuxZe dh fof/
them. The facility for affording credit to the main
SGL account is for the sole purpose of servicing
bl LVkWd dh fcØh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;]
investors who are not their constituents. Therefore,
iQksVZ] eqEcbZ&400001 ds ekè;e ls rkjh[k 8 vDrwcj] 2008 dh
the bank or PD would have to indicate clearly at the
time of tendering the Non-competitive bids the lkekU; vf/lwpuk la[;k iQk- 4(13)Мw ,.M ,e@2008 ds
amounts (face value) to be credited to their SGL iSjk 5-1 esa ;Fkk&fu/kZfjr rjhds ls fofo/ ewY; uhykeh fof/ dk
account and the CSGL account. Delivery in physical
iz;ksx djrs gq, ewY; vkèkkfjr uhykeh }kjk dh tk,xh A
form from the main SGL account is permissible at the
instance of the investor subsequently. 3- vizfrLi/hZ cksyhnkrkvksa dks vkcaVu
7. It will be the responsibility of the bank or the PD to
ljdkjh izfrHkwfr;ksa dh uhykfe;ksa esa vizfrLi/hZ cksyh nsus
pass on the securities to their clients. Except in
extraordinary circumstances, the transfer of securities dh lqfo/k dh layXu Ldhe (vuqca/) ds vuqlkj] fcØh dh
to the clients shall be completed within five working vfèklwfpr jkf'k ds 5 izfr'kr rd ljdkjh LVkWd ik=k O;fDr;ksa
days from the date of issue.
vkSj laLFkkvksa dks vkcafVr fd;k tk,xk A
8. The bank or PD can recover up to six paise per
4- uhykeh dk LFkku ,oa rkjh[k
` 100 as brokerage/commission/service charges for
rendering this service to their clients. Such costs
;g uhykeh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] iQksVZ]
may be built into the sale price or recovered
eqEcbZ&400001 }kjk 28 vxLr] 2014 dks lapkfyr dh tk,xh A
separately from the clients. In case the transfer of
uhykeh grs qckfsy;k aHkkjrh; fjto ZcdaS dkjs c¯aSdx lkYs ;'w ku (b&Z dcq js )
securities is effected subsequent to the issue date of
the security, the consideration amount payable by iz.kkyh laca/h bysDVªkWfud izi=k esa 28 vxLr] 2014 dk s iLz rrq dh
the client to the bank or PD would also include tkuh pkfg,A vizfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls iwokZÉ 11-30
accrued interest from the date of issue. cts ds chp vkSj izfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls nksigj
9. Modalities for obtaining payment from clients towards 12-00 cts ds chp izLrqr dh tkuh pkfg, A
cost of the securities, accrued interest wherever
applicable and brokerage/commission/service 5- dc fuxZfer dkjksckj
charges may be worked out by the bank or PD as per
;g LVkWd] Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa ds
agreement with the client. It may be noted that no
other costs such as funding costs should be built vuqlkj] ^dc fuxZfer* dkjksckj ds fy, ik=k gksxk A
into the price or recovered from the client.
6- vof/
V. Banks and PDs will be required to furnish
information relating to operations under the Scheme to the ;g LVkWd 23 fnlEcj] 2013 ls izkjEHk gksdj 30 o"kZ dh
Reserve Bank of India (Bank) as may be called for from vof/ ds fy, gksxk A bl LVkWd dh pqdkSrh 23 fnlEcj] 2043 dks
time to time within the time frame prescribed by the Bank.
leewY; ij dh tk,xh A
VI. The aforesaid guidelines are subject to review
7- fuxZe dh rkjh[k vkSj LVkWd ds fy, Hkqxrku
by the Bank and accordingly, if and when considered
necessary, the Scheme will be modified. uhykeh dk ifj.kke Hkkjrh; fjtoZ cSad }kjk vius iQksVZ
fLFkr eqEcbZ dk;kZy; esa 28 vxLr] 2014 dks izn£'kr fd;k12 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
tk,xkA liQy cksyhnkrkvksa }kjk Hkqxrku 1 flrEcj] 2014 vFkkZr~ dEiuh lfgr fdlh Hkh O;fDr ds fy, Hkkxhnkjh [kqyh gS A cksyh
iqu£uxZe dh rkjh[k dks fd;k tk,xk A LVkWd ds fy, Hkqxrku esa nsus dh U;wure jkf'k 10]000 #i, (vafdr ewY;) vkSj mlds ckn
uhykeh esa vkcafVr LVkWd ds vafdr ewY; ij] ewy fuxZe dh 10]000 #i, ds xq.ktksa esa gksxh tSlk vc rd fnukafdr LVkWd ds
rkjh[k ls vFkkZr 23 twu] 2014 ls 31 vxLr] 2014 rd] izks¼wr fy, gS A
C;kt 'kkfey gksxk A
IV. vU; izpkyukRed fn'kkfunsZ'k %
8- C;kt
1- [kqnjk fuos'kd ds fy, ml cSad vFkok izkFkfed Mhyj]
vafre dwiu Hkqxrku dh rkjh[k ls LVkWd ds vafdr ewY; ij
ftuds ekè;e ls os Hkkx ysuk pkgrs gSa] ds ikl ,d la?kVd
9-23 izfr'kr izfrc"kZ dh nj ls C;kt izks¼wr gksxk rFkk bldk
lgk;d lkekU; cgh (lh,lth,y) [kkrk j[kuk vfuok;Z
Hkqxrku v¼Z&ok£"kd vk/kj ij 23] fnlEcj vkSj 23] twu dks
gksxk A dksbZ Hkh fuos'kd bl Ldhe ds v/hu fnukafdr
fd;k tk,xk A
çfrHkwfr dh fdlh uhykeh esa dsoy ,d cksyh esa Hkkx ys
Hkkjr ds jk"Vªifr ds vkns'k ls] ldrk gS A bl vk'k; dk opu fd fuos'kd dsoy ,d
MkW- jtr HkkxZo] la;qDr lfpo cksyh ns jgk gS] cSad vFkok izkFkfed Mhyj }kjk izkIr fd;k
tkuk vkSj fjdkMZ esa j[kk tkuk gksxk A
2- vius xzkgdksa ls izkIr iDds vkMZj ds vk/kj ij izR;sd cSad
vucq /a
vFkok ikzFkfed Mhyj Hkkjrh; fjto ZcdaS dkjs c¯aSdx lkYs ;'w ku
ljdkjh izfrHkwfr;ksa dh uhykeh esa vizfrLi/hZ cksyh
(bZ&dqcsj) iz.kkyh laca/h bysDVªkWfud çi=k esa vius xzzkgdksa
lqfo/k Ldhe
dh vksj ls ,d ,dy lesfdr vçfrLi/hZ cksyh çLrqr
I. dk;Z{ks=k % ljdkjh izfrHkwfr;ksa dh O;kid Hkkxhnkjh vkSj djsxk A vlk/kj.k ifjfLFkfr;ksa] tSls Hkkjrh; fjtoZ cSad dksj
[kqnjk /kfjrk dks izksRlkgu nsus dh n`f"V ls Hkkjr ljdkj dh cSa¯dx lksY;w'ku (bZ&dqcsj) ç.kkyh esa lkekU; xM+cM+h dks
fnukafdr izfrHkwfr;ksa dh p;fur uhykfe;ksa esa ¶vizfrLi/hZ¸ vk/kj NksM+dj] HkkSfrd :i esa vçfrLi/hZ cksyh Lohdkj ugha dh
ij Hkkxhnkjh dh vuqefr nsus dk izLrko fd;k x;k gS A rn~uqlkj] tk,xh A
fnukafdr izfrHkwfr;ksa dh uhykfe;ksa esa vf/lwfpr jkf'k ds 5 izfr'kr
3- cSad vFkok izkFkfed Mhyj dks vizfrLi/hZ [kaM ds v/hu
rd dh vizfrLi/hZ cksfy;ka Lohdkj dh tk,axh A izkjf{kr jkf'k
vkcaVu izfrykHk@dher dh ml Hkkjkaf'kr vkSlr nj ij
vf/lwfpr jkf'k ds vUrxZr gksxh A
gksxk] tks izfrLi/hZ cksyh nsus ds vk/kj ij uhykeh esa lkeus
II. ik=krk % Hkkjr ljdkj dh fnukafdr izfrHkwfr;ksa dh uhykfe;ksa vk,xh A bl ckr ij è;ku fn, fcuk fd cSad vFkok
esa vizfrLi/hZ vk/kj ij ,sls fuos'kdksa ds fy, Hkkxhnkjh [kqyh gksxh izkFkfed Mhyj us vius xzkgdksa ls Hkqxrku izkIr dj fy;k gS
tks fuEufyf[kr 'krks± dks iwjk djrs gSa % ;k ugha] fuxZe dh rkjh[k dks Hkqxrku izkIr djds cSad ;k
izkFkfed Mhyj dks izfrHkwfr;ka tkjh dh tk,axh A
1- tks Hkkjrh; fjtoZ cSad ds ikl pkyw [kkrk (lh,) vFkok
lgk;d lkekU; cgh (,lth,y) [kkrk ugha j[krs gSa_ 4- ,sls ekeys esa] tgka cksyh dh jkf'k izkjf{kr jkf'k
(vf/lwfpr jkf'k ds 5 izfr'kr) ls vf/d gS ;Fkkuqikr
viokn % {ks=kh; xzkeh.k cSadksa (vkjvkjch) vkSj lgdkjh
vkcaVu fd;k tk,xk A vkaf'kd vkcaVuksa ds ekeys esa] ;g
cSadksa dks muds lkafof/d nkf;Roksa ds n`f"Vxr bl Ldhe ds
cSad vFkok izkFkfed Mhyjksa dk nkf;Ro gksxk fd og vius
v/hu 'kkfey fd;k tk,xk A
xzkgdksa dks izfrHkwfr;ksa dk mfpr vkcaVu ,d ikjn'khZ rjhds
2- tks izfr uhykeh nks djksM+ #i, (vafdr ewY;) ls vuf/d
ls djsa A
jkf'k ds fy, ,d gh cksyh yxkrs gSa_
5- ,sls ekeys esa tgka cksyh jkf'k izkjf{kr jkf'k ls de gks] deh
3- tks ;g Ldhe iznku djus okys fdlh ,d cSad vFkok
dks izfrLi/hZ Hkkx esa 'kkfey fd;k tk,xk A
izkFkfed Mhyj ds ekè;e ls viuh cksyh vizR;{k :i ls
6- izfrHkwfr dks Hkkjrh; fjtoZ cSad }kjk dsoy ,lth,y :i esa
izLrqr djrs gSa A
tkjh fd;k tk,xk A Hkkjrh; fjtoZ cSad bls ;k rks cSad
viokn % ,ls s{k=skh; xkzeh.k cdaS (vkjvkjch) rFkk lgdkjh
vFkok izkFkfed Mhyj ds eq[; ,lth,y [kkrs vFkok
cSad tks Hkkjrh; fjtoZ cSad esa ,l-th-,y- [kkrk vkSj pkyw
lh,lth,y [kkr se astek djxs k] tlS kfd muds }kjk fun'Zs k fn;k
[kkrk j[krs gSa] viuh vizfrLi/hZ ckfsy;k as dk s iRz;{k :i ls
x;k gS A eq[; ,lth,y [kkrs esa tek djus dh lqfo/k
iLz rrq dju s d s fy, ik=k gkxas s A
,dek=k mu fuos'kdksa dh lsok ds iz;kstukFkZ gS tks muds
III. O;kidrk % mi;qZDr 'krks± ds v/hu ¶vizfrLi/hZ¸ vk/kj ij ?kVd ugha gSa A vr% cSad vFkok izkFkfed Mhyjksa dks
iQeks±] dEifu;ksa] fuxfer fudk;ksa] laLFkkvksa] Hkfo"; fuf/;ksa] vizfrLièkhZ cksfy;ksa dh fufonk nsrs le; muds ,lth,y
U;klksa vkSj Hkkjrh; fjtoZ cSad }kjk ;Fkk&fu/kZfjr fdlh vU; [kkrs vkSj lh,lth,y [kkrs esa tek gksus okyh jkf'k;ksa¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 13
(vafdr ewY;) dks Li"V :i ls n'kkZuk gksxk A ckn esa 3. Allotment to Non-competitive Bidders
fuos'kd ds vuqjks/ ij eq[; ,lth,y [kkrs ls okLrfod The Government Stock up to 5% of the notified
:i esa dh xbZ lqiqnZxh Lohdk;Z gS A amount of the sale will be allotted to eligible individuals
and institutions as per the enclosed Scheme for Non-
7- ;g cSad vFkok izkFkfed Mhyj dk nkf;Ro gS fd og xzkgd
competitive Bidding Facility in the Auctions of Government
dks izfrHkwfr;ka gLrkarfjr djsa A vlk/kj.k ifjfLFkfr;ksa dks
Securities (Annex).
NksM+dj] xzkgdksa dks izfrHkwfr;ksa dk varj.k fuxZe dh frfFk
4. Place and Date of Auction
ls ikap dk;Z&fnolksa ds Hkhrj iwjk fd;k tk,xk A
The auction will be conducted by Reserve
8- cSad vFkok izkFkfed Mhyj vius xzkgdksa dks ;g lsok nsus ds
Bank of India, Mumbai Office, Fort, Mumbai-400 001 on
fy, Ng iSls izfr lkS #i, rd nykyh@deh'ku@lsok izHkkj August 28, 2014. Bids for the auction should be submitted
ds :i esa olwy dj ldrs gSa A ,slh dher fcØh ewY; esa in electronic format on the Reserve Bank of India Core
Banking Solution (E-Kuber) System on August 28, 2014.
'kkfey dh tk ldrh gS ;k xzkgdksa ls vyx ls olwy dh tk
The non-competitive bids should be submitted between
ldrh gS A ,sls ekeys esa tgka izfrHkwfr;ksa dk varj.k izfrHkwfr
10.30 a.m. and 11.30 a.m. and the competitive bids should
dh fuxZe frfFk ds ckn izHkkoh gksrk gks] cSad ;k izkFkfed
be submitted between 10.30 a.m. and 12.00 noon.
Mhyj dks xzkgd }kjk ns; izfriQy jkf'k esa fuxZe frfFk ls
5. When Issued Trading
mifpr C;kt 'kkfey gksxk A
The Stock will be eligible for “When Issued” trading
9- izfrHkwfr;ksa dh ykxr] mifpr C;kt tgka Hkh ykxw gks] rFkk in accordance with the guidelines issued by the Reserve
nykyh@deh'ku@lsok izHkkjksa ds fy, xzkgdksa ls Hkqxrku izkIr Bank of India.
djus dh dk;Z&iz.kkyh] cSad ;k izkFkfed Mhyj }kjk xzkgd 6. Tenure
ds lkFk dh xbZ lgefr ds vuqlkj rS;kj dh tk,xh A ;g The Government Stock will be of thirty-years tenure
mYys[kuh; gS fd fdlh vU; ykxr] tSls fuf/dj.k ykxr commencing from December 23, 2013. The Stock will be
dks ewY; esa 'kkfey ugha fd;k tkuk pkfg, ;k xzkgdksa ls repaid at par on December 23, 2043.
olwy ugha fd;k tkuk pkfg, A 7. Date of Issue and Payment for the Stock
V. cSadksa vkSj izkFkfed Mhyjksa dks Hkkjrh; fjtoZ cSad (cSad) The result of the auction shall be displayed by the
Reserve Bank of India at its Fort, Mumbai Office on
}kjk le;≤ ij ekaxh xbZ ;kstuk ds rgr lapkyuksa ls lacaf/r
August 28, 2014. The payment by successful bidders will
lwpuk fu/kZfjr le;&lhek ds varxZr cSad dks izLrqr djuh gksxh A
be on September 1, 2014, i.e., the date of re-issue. The
VI. Åij mfYyf[kr fn'kkfunsZ'k cSad }kjk leh{kk ds v/hu gS payment for the Stock will include accrued interest on the
vkSj rn~uqlkj] tc Hkh vko';drk gksxh] ;kstuk dks la'kksf/r fd;k nominal value of the Stock allotted in the auction from the
tk,xk A date of last coupon payment i.e., June 23, 2014 to August
31, 2014.
NOTIFICATION
8. Interest
New Delhi, the 22nd August, 2014
Interest at the rate of 9.23 per cent per annum will
Auction for Sale (Re-issue) of '9.23 per cent
accrue on the nominal value of the Stock from the date of
Government Stock, 2043'
last coupon payment and will be paid half yearly on
F. No. 4(4)-W&M/2014 (iii).—Government of India
December 23 and June 23.
hereby notifies sale (re-issue) of '9.23 per cent Government
By Order of the President of India,
Stock, 2043' (hereinafter called 'the Stock') for an aggregate
amount of ` 2,000 crore (nominal). The sale will be Dr. RAJAT BHARGAVA, Jt. Secy.
subject to the terms and conditions spelt out in this
ANNEX URE
notification (called ‘Specific Notification’) as also the
terms and conditions specified in the General Notification Scheme for Non-competitive Bidding Facility in the
F. No. 4 (13)-W & M/2008, dated October 8, 2008 issued Auctions of Government Securities
by Government of India. I. Scope : With a view to encouraging wider
2. Method of Issue participation and retail holding of Government securities it
The Stock will be sold through Reserve Bank of India, is proposed to allow participation on “non-competitive”
Mumbai Office, Fort, Mumbai-400 001 in the manner as basis in select auctions of dated Government of India (GoI)
prescribed in paragraph 5.1 of the General Notification securities. Accordingly, non-competitive bids up to 5 per
F. No. 4 (13)-W & M/2008, dated October 8, 2008 by a price cent of the notified amount will be accepted in the auctions
based auction using multiple price auction method. dated securities. The reserved amount will be within the
notified amount.14 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
II. Eligibility : Participation on a non-competitive 4. In case the aggregate amount of bid is more than the
basis in the auctions of dated GoI securities will be open reserved amount (5 % of notified amount), pro rata
to investors who satisfy the following : allotment would be made. In case of partial allotments,
1. do not maintain Current Account (CA) or Subsidiary it will be the responsibility of the bank or PD to
General Ledger (SGL) account with the Reserve Bank appropriately allocate securities to their clients in a
of India. transparent manner.
Exceptions : Regional Rural Banks (RRBs) and Co- 5. In case the aggregate amount of bids is less than the
operative Banks shall be covered under this Scheme reserved amount, the shortfall will be taken to
in view of their statutory obligations. competitive portion.
2. make a single bid for an amount not more than 6. Security would be issued only in SGL form by RBI.
` two crore (face value) per auction. RBI would credit either the main SGL account or the
3. submit their bid indirectly through any one bank or CSGL account of the bank or PD as indicated by
PD offering this scheme. them. The facility for affording credit to the main
Exceptions : Regional Rural Banks (RRBs) and Co- SGL account is for the sole purpose of servicing
operative Banks that maintain SGL account and investors who are not their constituents. Therefore,
current account with the Reserve Bank of India shall the bank or PD would have to indicate clearly at the
be eligible to submit their non-competitive bids directly. time of tendering the non-competitive bids the
III. Coverage : Subject to the conditions mentioned amounts (face value) to be credited to their SGL
above, participation on “non-competitive” basis is open account and the CSGL account. Delivery in physical
to any person including firms, companies, corporate bodies, form from the main SGL account is permissible at the
institutions, provident funds, trusts, and any other entity instance of the investor subsequently.
as may be prescribed by RBI. The minimum amount for 7. It will be the responsibility of the bank or the PD to
bidding will be ` 10,000 (face value) and thereafter in pass on the securities to their clients. Except in
multiples in ` 10,000 as hitherto for dated stocks. extraordinary circumstances, the transfer of securities
IV. Other Operational Guidelines : to the clients shall be completed within five working
1. The retail investor desirous of participating in the days from the date of issue.
auction under the Scheme would be required to 8. The bank or PD can recover upto six paise per
maintain a Constituent Subsidiary General Ledger ` 100 as brokerage/commission/service charges for
(CSGL) account with the bank or PD through whom rendering this service to their clients. Such costs
they wish to participate. Under the Scheme, an may be built into the sale price or recovered
investor can make only a single bid in an auction of separately from the clients. In case the transfer of
a dated security. An undertaking to the effect that securities is effected subsequent to the issue date of
the investor is making only a single bid will have to
the security, the consideration amount payable by
obtained and kept on record by the bank or PD.
the client to the bank or PD would also include
2. Each bank or PD on the basis of firm orders received accrued interest from the date of issue.
from their constituents will submit a single
9. Modalities for obtaining payment from clients towards
consolidated non-competitive bid on behalf of all its
cost of the securities, accrued interest wherever
constituents in electronic format on the Reserve Bank
applicable and brokerage/commission/service
of India Core Banking Solution (E-Kuber) System.
charges may be worked out by the bank or PD as per
Except in extraordinary circumstances such as
agreement with the client. It may be noted that no
general failure of the Reserve Bank of India Core
other costs such as funding costs should be built
Banking Solution (E-Kuber) System, non-competitive
into the price or recovered from the client.
bid in physical form will not be accepted.
V. Banks and PDs will be required to furnish
3. Allotment under the non-competitive segment to the
information relating to operations under the Scheme to the
bank or PD will be at the weighted average rate of
Reserve Bank of India (Bank) as may be called for from
yield/price that will emerge in the auction on the basis
time to time within the time frame prescribed by the Bank.
of the competitive bidding. The securities will be
issued to the bank or PD against payment on the VI. The aforesaid guidelines are subject to review
date of issue irrespective of whether the bank or PD by the Bank and accordingly, if and when considered
has received payment from their clients. necessary, the Scheme will be modified.
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