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jftLVªh löa Mhö ,yö&33004@99 REGD. NO. D. L.-33004/99
vlk/kj.k
EXTRAORDINARY
Hkkx I—[k.M 1
PART I—Section 1
izkf/dkj ls izdkf'kr
PUBLISHED BY AUTHORITY
l-a 126] ubZ fnYyh] lkseokj] ebZ 26] 2014@T;s"B 5] 1936
No. 126] NEW DELHI, MONDAY, MAY 26, 2014/JYAISTHA 5, 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)
eqEcbZ&400001 }kjk 30 ebZ] 2014 dks lapkfyr dh tk,xh A
(ctV izHkkx)
uhykeh grs qckfsy;k aHkkjrh; fjto ZcdaS dkjs c¯Sdx lkYs ;'w ku (b&Z dcq js )
vf/lwpuk
iz.kkyh laca/h bysDVªkWfud izi=k esa 30 ebZ] 2014 dk s iLz rrq dh
ubZ fnYyh] 26 ebZ] 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
^^8-35 çfr'kr ljdkjh LVkWd] 2022**
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 4]000 djksM+ #i, (vafdr) dh dqy jkf'k ds fy,
vuqlkj] ^dc fuxZfer* dkjksckj ds fy, ik=k gksxk A
^^8-35 izfr'kr ljdkjh LVkWd] 2022** (ftls blesa blds ckn
6- vof/
^LVkWd* dgk x;k gS) dh fcØh (iqu£uxZe) vf/lwfpr djrh gS A
;g LVkWd 14 ebZ] 2002 ls izkjEHk gksdj 20 o"kZ dh vof/
;g fcØh bl vfèklwpuk (ftls ^fof'k"V vf/lwpuk* dgk x;k gS)
ds fy, gksxk A bl LVkWd dh pqdkSrh 14 ebZ] 2022 dks leewY; ij
esa mfYyf[kr 'krks± rFkk Hkkjr ljdkj }kjk tkjh lkekU; vf/lwpuk
dh 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 30 ebZ] 2014 dks izn£'kr fd;k tk,xkA
bl LVkWd dh fcØh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] liQy cksyhnkrkvksa }kjk Hkqxrku 2 twu] 2014 vFkkZr~ iqu£uxZe dh
rkjh[k dks fd;k tk,xk A LVkWd ds fy, Hkqxrku esa uhykeh esa
iQksVZ] eqEcbZ&400001 ds ekè;e ls rkjh[k 8 vDrwcj] 2008 dh
vkcafVr LVkWd ds vafdr ewY; ij] vafre dwiu Hkqxrku dh rkjh[k
lkekU; vf/lwpuk iQk- la[;k 4(13)Мw ,.M ,e@2008 ds
ls vFkkZr~ 14 ebZ] 2014 ls 1 twu] 2014 rd] izksn~Hkwr C;kt 'kkfey
iSjk 5-1 esa ;Fkk&fu/kZfjr rjhds ls leewY; uhykeh fof/ dk iz;ksx
gksxk A
djrs gq, ewY; vkèkkfjr uhykeh }kjk dh tk,xh A
8- C;kt
3- vizfrLi/hZ cksyhnkrkvksa dks vkcaVu
vafre dwiu Hkqxrku dh rkjh[k l s LVkdW d s vfadr eYw ; ij
ljdkjh izfrHkwfr;ksa dh uhykfe;ksa esa vizfrLi/hZ cksyh nsus 8-35 ifzr'kr ifzro"k Zdh nj l sC;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 14 uoEcj vkjS 14 ebZ 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
2175 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 May 14, 2002. The Stock will be repaid at
olwy ugha fd;k tkuk pkfg, A par on May 14, 2022.
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
May 30, 2014. The payment by successful bidders will be on
VI. Åij mfYyf[kr fn'kkfunsZ'k cSad }kjk leh{kk ds v/hu gSa June 2, 2014, i.e., the date of re-issue. The payment for the
vkSj rn~uqlkj] tc Hkh vko';drk gksxh] ;kstuk dks la'kksf/r fd;k Stock will include accrued interest on the nominal value of
the Stock allotted in the auction from the date of last Coupon
tk,xk A
payment i.e., May 14, 2014 to June 1, 2014.
MINISTRY OF FINANCE
8. Interest
(Department of Economic Affairs)
Interest at the rate of 8.35 per cent per annum will
(BUDGET DIVISION) accrue on the nominal value of the Stock from the date of
NOTIFICATION last Coupon payment and will be paid half yearly on
New Delhi, the 26th May, 2014 November 14 and May 14.
Auction for Sale (Re-issue) of ‘8.35 per cent By Order of the President of India,
Government Stock, 2022’ Dr. RAJAT BHARGAVA, Jt. Secy.
F. No. 4(4)-W & M/2014.—Government of India ANNEXURE
hereby notifies sale (re-issue) of ‘8.35 per cent Government
Scheme for Non-competitive Bidding Facility in the
Stock, 2022’ (hereinafter called ‘the Stock’) for an
Auctions of Government Securities
aggregate amount of ` 4,000 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.
20 per cent of the notified amount will be accepted in the
2. Method of Issue
auctions of inflation indexed Government Stocks (IIGS).
The Stock will be sold through Reserve Bank of India,
The reserved amount will be 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 IIGS will be open to investors who
F. No. 4 (13)-W & M/2008, dated October 8, 2008 by a price
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.
May 30, 2014. Bids for the auction should be submitted in
Exceptions : Regional Rural Banks (RRBs) and Co-
electronic format on the Reserve Bank of India Core Banking
operative Banks that maintain SGL Account and
Solution (E-Kuber) System on May 30, 2014. The Non-
Current Account with the Reserve Bank of India shall
competitive bids should be submitted between 10.30 a.m.
be eligible to submit their non-competitive bids
and 11.30 a.m. and the competitive bids should be
directly.
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
1. The retail investor desirous of participating in the may be built into the sale price or recovered
auction under the Scheme would be required to separately from the clients. In case the transfer of
maintain a Constituent Subsidiary General Ledger securities is effected subsequent to the issue date of
(CSGL) account with the bank or PD through whom the security, the consideration amount payable by
they wish to participate. Under the Scheme, an the client to the bank or PD would also include
investor can make only a single bid in an auction of accrued interest from the date of issue.
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
of India Core Banking Solution (E-Kuber) System. V. Banks and PDs will be required to furnish
Except in extraordinary circumstances such as information relating to operations under the Scheme to the
general failure of the Reserve Bank of India Core Reserve Bank of India (Bank) as may be called for from
Banking Solution (E-Kuber) System, Non- time to time within the time frame prescribed by the Bank.
competitive bid in physical form will not be accepted. VI. The aforesaid guidelines are subject to review
3. Allotment under the non-competitive segment to the by the Bank and accordingly, if and when considered
bank or PD will be at the weighted average rate of necessary, the Scheme will be modified.
yield/price that will emerge in the auction on the basis
vf/lwpuk
of the competitive bidding. The securities will be
ubZ fnYyh] 26 ebZ] 2014
issued to the bank or PD against payment on the
14 o"kZ ds u, ljdkjh LVkWd dh fcØh ds fy, uhykeh
date of issue irrespective of whether the bank or PD
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 7]000 djksM+ #i, (vafdr) dh dqy jkf'k ds fy,
reserved amount (5% of notified amount), pro rata 14 o"kZ dh vof/ ds fy, ljdkjh LVkWd (izfrHkwfr) dh fcØh
allotment would be made. In case of partial allotments, vfèklwfpr djrh gSA ;g fcØh bl vf/lwpuk (ftls ^fof'k"V
it will be the responsibility of the bank or PD to
vfèklwpuk* dgk x;k gS) esa mfYyf[kr 'krks± rFkk Hkkjr ljdkj
appropriately allocate securities to their clients in a
}kjk tkjh lkekU; vfèklwpuk iQk-la[;k 4(13)Мw ,.M
transparent manner.
,e@2008] rkjh[k 8 vDrwcj] 2008 esa fu£n"V 'krks± ds v/hu dh
5. In case the aggregate amount of bids is less than the
tk,xh A
reserved amount, the shortfall will be taken to
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 iQksVZ] eqEcbZ&400 001 ds ekè;e ls rkjh[k 8 vDrwcj] 2008 dh
CSGL account of the bank or PD as indicated by
lkekU; vf/lwpuk iQk- la[;k 4(13)Мw ,.M ,e@2008 ds
them. The facility for affording credit to the main
iSjk 5-1 esa ;Fkk&fu/kZfjr rjhds ls leewY; uhykeh fof/ dk iz;ksx
SGL account is for the sole purpose of servicing
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
ljdkjh izfrHkwfr;ksa dh uhykfe;ksa esa vizfrLi/hZ cksyh nsus
amounts (real face value) to be credited to their SGL
dh lqfo/k dh layXu Ldhe (vuqca/) ds vuqlkj] fcØh dh
account and the CSGL account. Delivery in physical
vfèklwfpr jkf'k ds 5 izfr'kr rd ljdkjh LVkWd ik=k O;fDr;ksa
form from the main SGL account is permissible at the
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 3- tks ;g Ldhe iznku djus okys fdlh ,d cSad vFkok
;g uhykeh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] iQksVZ] izkFkfed Mhyj ds ekè;e ls viuh cksyh vizR;{k :i ls
eqEcbZ&400001 }kjk 30 ebZ] 2014 dks lapkfyr dh tk,xh A izLrqr djrs gSa A
uhykeh grs qckfsy;k aHkkjrh; fjto ZcdaS dkjs c¯aSdx lkYs ;'w ku (b&Z dcq js )
viokn % ,ls s{k=skh; xkzeh.k cdaS (vkjvkjch) rFkk lgdkjh
iz.kkyh laca/h bysDVªkWfud izi=k esa 30 ebZ] 2014 dk s iLz rrq dh
cSad tks Hkkjrh; fjtoZ cSad esa ,l-th-,y- [kkrk vkSj pkyw
tkuh pkfg,A vizfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls iwokZÉ 11-30
[kkrk j[krs gSa] viuh vizfrLi/hZ ckfsy;k as dk s iRz;{k :i ls
cts ds chp vkSj izfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls nksigj
iLz rrq dju s d s fy, ik=k gkxas s A
12-00 cts ds chp izLrqr dh tkuh pkfg, A
5- dc fuxZfer dkjksckj III. O;kidrk % mi;qZDr 'krks± ds v/hu ¶vizfrLi/hZ¸ vk/kj ij
;g LVkWd] Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa ds iQeks±] dEifu;ksa] fuxfer fudk;ksa] laLFkkvksa] Hkfo"; fuf/;ksa]
vuqlkj] ^dc fuxZfer* dkjksckj ds fy, ik=k gksxk A U;klksa vkSj Hkkjrh; fjtoZ cSad }kjk ;Fkk&fu/kZfjr fdlh vU;
6- vof/ dEiuh lfgr fdlh Hkh O;fDr ds fy, Hkkxhnkjh [kqyh gS A cksyh
;g LVkWd 2 twu] 2014 ls izkjEHk gksdj pkSng o"kZ dh nsus dh U;wure jkf'k 10]000 #i, (vafdr ewY;) vkSj mlds ckn
vof/ ds fy, gksxk A bl LVkWd dh pqdkSrh 2 twu] 2028 dks 10]000 #i, ds xq.ktksa esa gksxh tSlk vc rd fnukafdr LVkWd ds
leewY; ij dh tk,xh A
fy, gS A
7- fuxZe dh rkjh[k vkSj LVkWd ds fy, Hkqxrku
IV. vU; izpkyukRed fn'kkfunsZ'k %
uhykeh dk ifj.kke Hkkjrh; fjtoZ cSad }kjk vius iQksVZ
fLFkr eEqcb Z dk;kyZ ; e as 30 ebZ] 2014 dk s inz £'kr fd;k tk,xk A 1- [kqnjk fuos'kd ds fy, ml cSad vFkok izkFkfed Mhyj]
liQy cksyhnkrkvksa }kjk Hkqxrku 2 twu] 2014 vFkkZr~ fuxZe dh ftuds ekè;e ls os Hkkx ysuk pkgrs gSa] ds ikl ,d la?kVd
rkjh[k dks fd;k tk,xk A lgk;d lkekU; cgh (lh,lth,y) [kkrk j[kuk vfuok;Z
8- C;kt gksxk A dksbZ Hkh fuos'kd bl Ldhe ds v/hu fnukafdr
izfrHkwfr;ksa ds fy, dwiu nj dk fu.kZ; uhykeh esa fu/kZfjr çfrHkwfr dh fdlh uhykeh esa dsoy ,d cksyh esa Hkkx ys
ifjiDork nj dh dV&vkiQ ykHk ij fd;k tk,xk A C;kt dk
ldrk gS A bl vk'k; dk opu fd fuos'kd dsoy ,d
Hkqxrku v¼Z&ok£"kd vk/kj ij 2 fnlEcj vkSj 2 twu dks fd;k
cksyh ns jgk gS] cSad vFkok izkFkfed Mhyj }kjk izkIr fd;k
tk,xk A
tkuk vkSj fjdkMZ esa j[kk tkuk gksxk A
Hkkjr ds jk"Vªifr ds vkns'k ls]
2- vius xzkgdksa ls izkIr iDds vkMZj ds vk/kj ij izR;sd cSad
MkW- jtr HkkxZo] la;qDr lfpo
vFkok ikzFkfed Mhyj Hkkjrh; fjto ZcdaS dkjs c¯aSdx lkYs ;'w ku
vucq /a
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; fjtZoZ 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
gksxh] 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
1- tks Hkkjrh; fjtoZ cSad ds ikl pkyw [kkrk (lh,) vFkok
izkFkfed Mhyj dks izfrHkwfr;ka tkjh dh tk,axh A
lgk;d lkekU; cgh (,lth,y) [kkrk ugha j[krs gSa_
4- ,sls ekeys esa] tgka cksyh dh jkf'k izkjf{kr jkf'k
viokn % {ks=kh; xzkeh.k cSadksa (vkjvkjch) vkSj lgdkjh
cSadksa dks muds lkafof/d nkf;Roksa ds n`f"Vxr bl Ldhe ds (vf/lwfpr jkf'k ds 5 izfr'kr) ls vf/d gS ;Fkkuqikr
v/hu 'kkfey fd;k tk,xk A vkcaVu fd;k tk,xk A vkaf'kd vkcaVuksa ds ekeys esa] ;g
cSad vFkok izkFkfed Mhyjksa dk nkf;Ro gksxk fd og vius
2- tks izfr uhykeh nks djksM+ #i, (vafdr ewY;) ls vuf/d
xzkgdksa dks izfrHkwfr;ksa dk mfpr vkcaVu ,d ikjn'khZ rjhds
jkf'k ds fy, ,d gh cksyh yxkrs gSa_
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 (securities) of 14 Year tenure for an aggregate amount of
dks izfrLi/hZ Hkkx esa 'kkfey fd;k tk,xk A ` 7,000 crore (nominal). The sale will be subject to the
terms and conditions spelt out in this notification (called
6- izfrHkwfr dks Hkkjrh; fjtoZ cSad }kjk dsoy ,lth,y :i esa
‘Specific Notification’) as also the terms and conditions
tkjh fd;k tk,xk A Hkkjrh; fjtoZ cSad bls ;k rks cSad specified in the General Notification F. No. 4 (13)-W &
vFkok izkFkfed Mhyj ds eq[; ,lth,y [kkrs vFkok 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,
?kVd ugha gSa A vr% cSad vFkok izkFkfed Mhyjksa dks Mumbai Office, Fort, Mumbai-400001 in the manner as
vizfrLièkhZ cksfy;ksa dh fufonk nsrs le; muds ,lth,y prescribed in paragraph 5.1 of the General Notification
F. No. 4 (13)-W & M/2008, dated October 8, 2008 by a yield
[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
:i esa dh xbZ lqiqnZxh Lohdk;Z gS A The Government Stock up to 5% of the notified
amount of the sale will be allotted to eligible individuals
7- ;g cSad vFkok izkFkfed Mhyj dk nkf;Ro gS fd og xzkgd
and institutions as per the enclosed Scheme for Non-
dks izfrHkwfr;ka gLrkarfjr djs A vlk/kj.k ifjfLFkfr;ksa dks
competitive Bidding Facility in the Auctions of Government
NksM+dj] xzkgdksa dks izfrHkwfr;ksa dk varj.k fuxZe dh frfFk Securities (Annex).
ls ikap dk;Z&fnolksa ds Hkhrj iwjk fd;k tk,xk A
4. Place and date of Auction
8- cSad vFkok izkFkfed Mhyj vius xzkgdksa dks ;g lsok nsus ds
The auction will be conducted by Reserve
fy, Ng iSls izfr lkS #i, rd nykyh@deh'ku@lsok izHkkj
Bank of India, Mumbai Office, Fort, Mumbai-400 001 on
ds :i esa olwy dj ldrs gSa A ,slh dher fcØh ewY; esa May 30, 2014. Bids for the auction should be submitted in
'kkfey dh tk ldrh gS ;k xzkgdksa ls vyx ls olwy dh tk electronic format on the Reserve Bank of India Core Banking
Solution (E-Kuber) System on May 30, 2014. The Non-
ldrh gS A ,sls ekeys esa tgka izfrHkwfr;ksa dk varj.k izfrHkwfr
competitive bids should be submitted between 10.30 a.m.
dh fuxZe frfFk ds ckn izHkkoh gksrk gks] cSad ;k izkFkfed
and 11.30 a.m. and the competitive bids should be
Mhyj dks xzkgd }kjk ns; izfriQy jkf'k esa fuxZe frfFk ls
submitted between 10.30 a.m. and 12.00 noon.
mifpr C;kt 'kkfey gksxk A
5. When Issued Trading
9- izfrHkwfr;ksa dh ykxr] mifpr C;kt tgka Hkh ykxw gks] rFkk
The Stock will be eligible for “When Issued” trading
nykyh@deh'ku@lsok izHkkjksa ds fy, xzkgdksa ls Hkqxrku izkIr
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 fourteen-year tenure. The tenure
dks ewY; esa 'kkfey ugha fd;k tkuk pkfg, ;k xzkgdksa ls
of the Stock will commencing from June 2, 2014. The Stock
olwy ugha fd;k tkuk pkfg, A
will be repaid at par on June 2, 2028.
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
lwpuk fu/kZfjr le;&lhek ds varxZr cSad dks izLrqr djuh gksxh A
Reserve Bank of India at its Fort, Mumbai Office on May
VI. Åij mfYyf[kr fn'kkfunsZ'k cSad }kjk leh{kk ds v/hu gS 30, 2014. The payment by successful bidders will be on
vkSj rn~uqlkj] tc Hkh vko';drk gksxh] ;kstuk dks la'kksf/r fd;k June 2, 2014, i.e., the date of issue.
tk,xk A 8. Interest
NOTIFICATION
The coupon rate for the securities will be set at the
New Delhi, the 26th May, 2014 cut-off yield to maturity rate decided in the auction. The
interst will be payable half yearly on December 2 and
Auction for Sale of a New Government Stock of 14
June 2.
Years
F. No. 4(4)-W & M/2014(i).—Government of India By Order of the President of India,
hereby notifies sale of a New Government Stock
Dr. RAJAT BHARGAVA, Jt. Secy.¹Hkkx 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 (4% 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
auction under the Scheme would be required to 8. The bank or PD can recover up to 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
accrued interest from the date of issue.
2. Each bank or PD on the basis of firm orders received
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
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 vof/ ds fy, gksxk A bl LVkWd dh pqdkSrh 30 flrEcj] 2030 dks
information relating to operations under the Scheme to the leewY; ij dh tk,xh A
Reserve Bank of India (Bank) as may be called for from
time to time within the time frame prescribed by the Bank. 7- fuxZe dh rkjh[k vkSj LVkWd ds fy, Hkqxrku
VI. The aforesaid guidelines are subject to review uhykeh dk ifj.kke Hkkjrh; fjtoZ cSad }kjk vius iQksVZ
by the Bank and accordingly, if and when considered fLFkr eqEcbZ dk;kZy; esa 30 ebZ] 2014 dks izn£'kr fd;k tk,xkA
necessary, the Scheme will be modified. liQy cksyhnkrkvksa }kjk Hkqxrku 2 twu] 2014 vFkkZr~ iqu£uxZe dh
vf/lwpuk rkjh[k dks fd;k tk,xk A LVkWd ds fy, Hkqxrku esa uhykeh esa
vkcafVr LVkWd ds vafdr ewY; ij] vafre dwiu Hkqxrku dh rkjh[k
ubZ fnYyh] 26 ebZ] 2014
ls vFkkZr~ 30 ekpZ] 2014 ls 1 twu] 2014 rd] izksn~Hkwr C;kt
^^9-20 çfr'kr ljdkjh LVkWd 2030** dh fcØh 'kkfey gksxkA
(iqu£uxZe) ds fy, uhykeh
8- C;kt
iQk- la- 4(4)Мw ,.M ,e@2014 (ii)-—Hkkjr ljdkj]
vafre dwiu dh rkjh[k ls LVkWd ds vafdr ewY; ij 9-20
,rn~}kjk 2]000 djksM+ #i, (vafdr) dh dqy jkf'k osQ fy,
izfr'kr izfro"kZ dh nj ls C;kt izksn~Hkwr gksxk rFkk bldk Hkqxrku
^^9-20 izfr'kr ljdkjh LVkWd] 2030** (ftls blesa blds ckn
v¼&Z okf"kdZ vk/kj ij 30 flrEcj vkjS 30 ekpZ dk s fd;k tk,xkA
^LVkWd* dgk x;k gS) dh fcØh (iqufuZxZe) vf/lwfpr djrh gS A
Hkkjr ds jk"Vªifr ds vkns'k ls]
;g fcØh bl vfèklwpuk (ftls ^fof'k"V vf/lwpuk* dgk x;k gS)
esa mfYyf[kr 'krks± rFkk Hkkjr ljdkj }kjk tkjh lkekU; vf/lwpuk MkW- jtr HkkxZo] la;qDr lfpo
iQk- la[;k 4(13)Мw ,.M ,e@2008] rkjh[k 8 vDrwcj]
vucq /a
2008 esa fu£n"V 'krks± ds v/hu dh tk,xh A
ljdkjh izfrHkwfr;ksa dh uhykeh esa vizfrLi/hZ cksyh
2- fuxZe dh fof/ lqfo/k Ldhe
bl LVkWd dh fcØh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] I. dk;Z{ks=k % ljdkjh izfrHkwfr;ksa dh O;kid Hkkxhnkjh vkSj
[kqnjk /kfjrk dks izksRlkgu nsus dh n`f"V ls Hkkjr ljdkj dh
iQksVZ] eqEcbZ&400001 ds ekè;e ls rkjh[k 8 vDrwcj] 2008 dh
fnukafdr izfrHkwfr;ksa dh p;fur uhykfe;ksa esa ¶vizfrLi/hZ¸ vk/kj
lkekU; vf/lwpuk iQk- la[;k 4(13)Мw ,.M ,e@2008 ds
ij Hkkxhnkjh dh vuqefr nsus dk izLrko fd;k x;k gS A rnuqlkj]
iSjk 5-1 esa ;Fkk&fu/kZfjr rjhds ls leewY; uhykeh fof/ dk iz;ksx
fnukafdr izfrHkwfr;ksa dh uhykfe;ksa esa vf/lwfpr jkf'k ds 5 izfr'kr
djrs gq, ewY; vkèkkfjr uhykeh }kjk dh tk,xh A
rd dh vizfrLi/hZ cksfy;ka Lohdkj dh tk,axh A izkjf{kr jkf'k
3- vizfrLi/hZ cksyhnkrkvksa dks vkcaVu
vf/lwfpr jkf'k ds vUrxZr gksxh A
ljdkjh izfrHkwfr;ksa dh uhykfe;ksa esa vizfrLi/hZ cksyh nsus
II. ik=krk % Hkkjr ljdkj dh fnukafdr izfrHkwfr;ksa dh uhykfe;ksa
dh lqfo/k dh layXu Ldhe (vuqca/) ds vuqlkj] fcØh dh
esa vizfrLi/hZ vk/kj ij ,sls fuos'kdksa ds fy, Hkkxhnkjh [kqyh gksxh
vfèklwfpr jkf'k dk 5 izfr'kr rd ljdkjh LVkWd ik=k O;fDr;ksa
tks fuEufyf[kr 'krks± dks iwjk djrs gSa %
vkSj laLFkkvksa dks vkcafVr fd;k tk,xk A
1- tks Hkkjrh; fjtoZ cSad ds ikl pkyw [kkrk (lh,) vFkok
4- uhykeh dk LFkku ,oa rkjh[k lgk;d lkekU; cgh (,lth,y) [kkrk ugha j[krs gSa _
;g uhykeh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] iQksVZ] viokn % {ks=kh; xzkeh.k cSadksa (vkjvkjch) vkSj lgdkjh
eqEcbZ&400001 }kjk 30 ebZ] 2014 dks lapkfyr dh tk,xh A cSadksa dks muds lkafof/d nkf;Roksa ds n`f"Vxr bl Ldhe ds
uhykeh grs qckfsy;k aHkkjrh; fjto ZcdaS dkjs c¯Sdx lkYs ;'w ku (b&Z dcq js ) v/hu 'kkfey fd;k tk,xk A
iz.kkyh laca/h bysDVªkWfud izi=k esa 30 ebZ] 2014 dk s iLz rrq dh 2- tks izfr uhykeh nks djksM+ #i, (vafdr ewY;) ls vuf/d
tkuh pkfg,A vizfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls iwokZÉ 11-30
jkf'k ds fy, ,d gh cksyh yxkrs gSa _
cts ds chp vkSj izfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls nksigj
3- tks ;g Ldhe iznku djus okys fdlh ,d cSad vFkok
12-00 cts ds chp izLrqr dh tkuh pkfg, A
izkFkfed Mhyj ds ekè;e ls viuh cksyh vizR;{k :i ls
5- dc fuxZfer dkjksckj izLrqr djrs gSa A
;g LVkWd] Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa ds viokn % ,ls s{k=skh; xkzeh.k cdaS (vkjvkjch) rFkk lgdkjh
vuqlkj] ^dc fuxZfer* dkjksckj ds fy, ik=k gksxk A cSad tks Hkkjrh; fjtoZ cSad esa ,lth,y [kkrk vkSj pkyw
[kkrk j[krs gSa] viuh vizfrLi/hZ ckfsy;k as dk s iRz;{k :i ls
6- vof/
iLz rrq dju s d s fy, ik=k gkxas s A
;g LVkWd 30 flrEcj] 2013 ls izkjEHk gksdj 17 o"kZ dh¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 9
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 djsa 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]
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
mifpr C;kt 'kkfey gksxk A
2- vius xzkgdksa ls izkIr iDds vkMZj ds vk/kj ij izR;sd cSad
vFkok ikzFkfed Mhyj Hkkjrh; fjtoZ cdaS dkjs c¯aSdx lkYs ;'w ku 9- izfrHkwfr;ksa dh ykxr] mifpr C;kt tgka Hkh ykxw gks] rFkk
(bZ&dqcsj) iz.kkyh laca/h bysDVªkWfud çi=k esa vius xzzkgdksa nykyh@deh'ku@lsok izHkkjksa ds fy, xzkgdksa ls Hkqxrku izkIr
dh vksj ls ,d ,dy lesfdr vçfrLi/hZ cksyh çLrqr djus dh dk;Z&iz.kkyh] cSad ;k izkFkfed Mhyj }kjk xzkgd
djsxk A vlk/kj.k ifjfLFkfr;ksa] tSls Hkkjrh; fjtZoZ cSad dksj ds lkFk dh xbZ lgefr ds vuqlkj rS;kj dh tk,xh A ;g
cSa¯dx lksY;w'ku (bZ&dqcsj) ç.kkyh esa lkekU; xM+cM+h dks mYys[kuh; gS fd fdlh vU; ykxr] tSls fuf/dj.k ykxr
NksM+dj] HkkSfrd :i esa vçfrLi/hZ cksyh Lohdkj ugha dh dks ewY; esa 'kkfey ugha fd;k tkuk pkfg, ;k xzkgdksa ls
tk,xh A olwy ugha fd;k tkuk pkfg, 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
NOTIFICATION
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 New Delhi, the 26th May, 2014
tk,xk A vkaf'kd vkcaVuksa ds ekeys esa] ;g cSad vFkok Auction for Sale (Re-issue) of ‘9.20 per cent
izkFkfed Mhyjksa dk nkf;Ro gksxk fd og vius xzkgdksa dks Government Stock, 2030’
izfrHkwfr;ksa dk mfpr vkcaVu ,d ikjn'khZ rjhds ls djsa A F. No. 4(4)-W&M/2014 (ii).—Government of India
hereby notifies sale (re-issue) of ‘9.20 per cent Government
5- ,sls ekeys esa tgka cksyh jkf'k izkjf{kr jkf'k ls de gks] deh
Stock, 2030’ (hereinafter called ‘the Stock’) for an
dks izfrLi/hZ Hkkx esa 'kkfey fd;k tk,xk A aggregate amount of ` 2,000 crore (nominal). The sale will
6- izfrHkwfr dks Hkkjrh; fjtoZ cSad }kjk dsoy ,lth,y :i esa be subject to the terms and conditions spelt out in this
notification (called ‘Specific Notification’) as also the
tkjh fd;k tk,xk A Hkkjrh; fjtoZ cSad bls ;k rks cSad
terms and conditions specified in the General Notification
vFkok izkFkfed Mhyj ds eq[; ,lth,y [kkrs vFkok
F. No. 4(13)-W&M/2008, dated October 8, 2008 issued by
lh,lth,y [kkr se astek djxs k] tlS kfd muds }kjk fun'Zs k fn;k
Government of India.
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
?kVd ugha gSa A vr% cSad vFkok izkFkfed Mhyjksa dks
India, Mumbai Office, Fort, Mumbai-400001 in the manner10 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
as prescribed in paragraph 5.1 of the General Notification of dated securities. The reserved amount will be within the
F. No. 4 (13)-W & M/2008, dated October 8, 2008 by a price notified amount.
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.
The auction will be conducted by Reserve 2. make a single bid for an amount not more than
Bank of India, Mumbai Office, Fort, Mumbai-400 001 on ` two crore (face value) per auction.
May 30, 2014. Bids for the auction should be submitted in
3. submit their bid indirectly through any one bank or
electronic format on the Reserve Bank of India Core Banking
PD offering this scheme.
Solution (E-Kuber) System on May 30, 2014. The non-
Exceptions : Regional Rural Banks (RRBs) and Co-
competitive bids should be submitted between 10.30 a.m.
operative Banks that maintain SGL account and
and 11.30 a.m. and the competitive bids should be
current account with the Reserve Bank of India shall
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,
6. Tenure institutions, provident funds, trusts, and any other entity
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 September 30, 2013. The Stock
multiples in ` 10,000 as hitherto for dated stocks.
will be repaid at par on September 30, 2030.
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 May
maintain a Constituent Subsidiary General Ledger
30, 2014. The payment by successful bidders will be on
(CSGL) account with the bank or PD through whom
June 2, 2014, i.e., the date of re-issue. The payment for the
they wish to participate. Under the Scheme, an
Stock will include accrued interest on the nominal value of
investor can make only a single bid in an auction of
the Stock allotted in the auction from the date of last coupon
a dated security. An undertaking to the effect that
payment i.e., March 30, 2014 to June 1, 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 9.20 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
September 30 and March 30.
constituents in electronic format on the Reserve Bank
By Order of the President of India, of India Core Banking Solution (E-Kuber) System.
Dr. RAJAT BHARGAVA, Jt. Secy. Except in extraordinary circumstances such as
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 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 5 per
date of issue irrespective of whether the bank or PD
cent of the notified amount will be accepted in the auctions
has received payment from their clients.¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 11
4. In case the aggregate amount of bid is more than the ,rn~}kjk 3]000 djkMs + #i, (vfadr) dh dyq jkf'k d s fy, ¶9-23
reserved amount (5 % of notified amount), pro rata izfr'kr ljdkjh LVkWd] 2043¸ (ftls blesa blds ckn ^LVkWd* dgk
allotment would be made. In case of partial allotments,
x;k gS) dh fcØh (iqu£uxZe)vfèklwfpr djrh gSA ;g fcØh bl
it will be the responsibility of the bank or PD to
vf/lwpuk (ftls ^fof'k"V vf/lwpuk* dgk x;k gS) esa mfYyf[kr
appropriately allocate securities to their clients in a
transparent manner. 'krks± rFkk Hkkjr ljdkj }kjk tkjh lkekU; vf/lwpuk iQk- la[;k
5. In case the aggregate amount of bids is less than the 4(13)Мw ,.M ,e@2008] rkjh[k 8 vDrwcj] 2008 esa fu£n"V
reserved amount, the shortfall will be taken to 'krks± ds v/hu dh tk,xh A
competitive portion.
6. Security would be issued only in SGL form by RBI. 2- fuxZe dh fof/
RBI would credit either the main SGL account or the
bl LVkWd dh fcØh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;]
CSGL account of the bank or PD as indicated by
them. The facility for affording credit to the main iQksVZ] eqEcbZ&400001 ds ekè;e ls rkjh[k 8 vDrwcj] 2008 dh
SGL account is for the sole purpose of servicing lkekU; vf/lwpuk la[;k iQk- 4(13)Мw ,.M ,e@2008 ds
investors who are not their constituents. Therefore,
iSjk 5-1 esa ;Fkk&fu/kZfjr rjhds ls leewY; uhykeh fof/ dk iz;ksx
the bank or PD would have to indicate clearly at the
djrs gq, ewY; vkèkkfjr uhykeh }kjk dh tk,xh A
time of tendering the Non-competitive bids the
amounts (face value) to be credited to their SGL
3- vizfrLi/hZ cksyhnkrkvksa dks vkcaVu
account and the CSGL account. Delivery in physical
form from the main SGL account is permissible at the
ljdkjh izfrHkwfr;ksa dh uhykfe;ksa esa vizfrLi/hZ cksyh nsus
instance of the investor subsequently.
dh lqfo/k dh layXu Ldhe (vuqca/) ds vuqlkj] fcØh dh
7. It will be the responsibility of the bank or the PD to
vfèklwfpr jkf'k ds 5 izfr'kr rd ljdkjh LVkWd ik=k O;fDr;ksa
pass on the securities to their clients. Except in
extraordinary circumstances, the transfer of securities vkSj laLFkkvksa dks vkcafVr fd;k tk,xk A
to the clients shall be completed within five working
4- uhykeh dk LFkku ,oa rkjh[k
days from the date of issue.
8. The bank or PD can recover up to six paise per ;g uhykeh Hkkjrh; fjtoZ cSad] eqEcbZ dk;kZy;] iQksVZ]
` 100 as brokerage/commission/service charges for
eqEcbZ&400001 }kjk 30 ebZ] 2014 dks lapkfyr dh tk,xh A
rendering this service to their clients. Such costs
uhykeh grs qckfsy;k aHkkjrh; fjto ZcdaS dkjs c¯aSdx lkYs ;'w ku (b&Z dcq js )
may be built into the sale price or recovered
iz.kkyh laca/h bysDVªkWfud izi=k esa 30 ebZ] 2014 dk s iLz rrq dh
separately from the clients. In case the transfer of
securities is effected subsequent to the issue date of tkuh pkfg,A vizfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls iwokZÉ 11-30
the security, the consideration amount payable by cts ds chp vkSj izfrLi/hZ cksfy;ka iwokZÉ 10-30 cts ls nksigj
the client to the bank or PD would also include
12-00 cts ds chp izLrqr dh tkuh pkfg, A
accrued interest from the date of issue.
9. Modalities for obtaining payment from clients towards 5- dc fuxZfer dkjksckj
cost of the securities, accrued interest wherever
;g LVkWd] Hkkjrh; fjtoZ cSad }kjk tkjh fn'kkfunsZ'kksa ds
applicable and brokerage/commission/service
charges may be worked out by the bank or PD as per vuqlkj] ^dc fuxZfer* dkjksckj ds fy, ik=k gksxk A
agreement with the client. It may be noted that no
other costs such as funding costs should be built 6- vof/
into the price or recovered from the client.
;g LVkWd 23 fnlEcj] 2013 ls izkjEHk gksdj rhl o"kZ dh
V. Banks and PDs will be required to furnish
vof/ ds fy, gksxk A bl LVkWd dh pqdkSrh 23 fnlEcj] 2043 dks
information relating to operations under the Scheme to the
Reserve Bank of India (Bank) as may be called for from leewY; ij dh tk,xh A
time to time within the time frame prescribed by the Bank.
7- fuxZe dh rkjh[k vkSj LVkWd ds fy, Hkqxrku
VI. The aforesaid guidelines are subject to review
uhykeh dk ifj.kke Hkkjrh; fjtoZ cSad }kjk vius iQksVZ
by the Bank and accordingly, if and when considered
necessary, the Scheme will be modified. fLFkr eqEcbZ dk;kZy; esa 30 ebZ] 2014 dks izn£'kr fd;k tk,xkA
liQy cksyhnkrkvksa }kjk Hkqxrku 2 twu] 2014 vFkkZr~ iqu£uxZe dh
vf/lwpuk
rkjh[k dks fd;k tk,xk A LVkWd ds fy, Hkqxrku esa uhykeh esa
ubZ fnYyh] 26 ebZ] 2014
vkcafVr LVkd ds vafdr ewY; ij] ewy fuxZe dh rkjh[k ls vFkkZr
¶9-23 izfr'kr ljdkjh LVkWd 2043¸ dh fcØh
23 fnlEcj] 2013 ls 1 twu] 2014 rd] izks¼wr C;kt 'kkfey
(iqu£uxe) ds fy, uhykeh
gksxk A
iQk- l-a 4(4)М w,.M ,e@2014 (iii)-—Hkkjr ljdkj]12 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
8- C;kt IV. vU; izpkyukRed fn'kkfunsZ'k %
ewy fuxZe dh rkjh[k ls LVkWd ds vafdr ewY; ij 9-23 1- [kqnjk fuos'kd ds fy, ml cSad vFkok izkFkfed Mhyj]
izfr'kr izfrc"kZ dh nj ls C;kt izks¼wr gksxk rFkk bldk Hkqxrku ftuds ekè;e ls os Hkkx ysuk pkgrs gSa] ds ikl ,d la?kVd
v¼Z&ok£"kd vk/kj ij 23 twu vkSj 23 fnlEcj dks fd;k lgk;d lkekU; cgh (lh,lth,y) [kkrk j[kuk vfuok;Z
tk,xk A gksxk A dksbZ Hkh fuos'kd bl Ldhe ds v/hu fnukafdr
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
vucq /a 2- vius xzkgdksa ls izkIr iDds vkMZj ds vk/kj ij izR;sd cSad
ljdkjh izfrHkwfr;ksa dh uhykeh esa vizfrLi/hZ cksyh vFkok ikzFkfed Mhyj Hkkjrh; fjto ZcdaS dkjs c¯aSdx lkYs ;'w ku
lqfo/k Ldhe (bZ&dqcsj) iz.kkyh laca/h bysDVªkWfud çi=k esa vius xzzkgdksa
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
fnukafdr izfrHkwfr;ksa dh p;fur uhykfe;ksa esa ¶vizfrLi/hZ¸ vk/kj
cSa¯dx lksY;w'ku (bZ&dqcsj) ç.kkyh esa lkekU; xM+cM+h dks
NksM+dj] HkkSfrd :i esa vçfrLi/hZ cksyh Lohdkj ugha dh
ij Hkkxhnkjh dh vuqefr nsus dk izLrko fd;k x;k gS A rnuqlkj]
tk,xh A
fnukafdr izfrHkwfr;ksa dh uhykfe;ksa esa vf/lwfpr jkf'k ds 5 izfr'kr
rd dh vizfrLi/hZ cksfy;ka Lohdkj dh tk,axh A izkjf{kr jkf'k 3- cSad vFkok izkFkfed Mhyj dks vizfrLi/hZ [kaM ds v/hu
vf/lwfpr jkf'k ds vUrxZr gksxh A vkcaVu izfrykHk@dher dh ml Hkkjkaf'kr vkSlr nj ij
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
1- tks Hkkjrh; fjtoZ cSad ds ikl pkyw [kkrk (lh,) vFkok
izkFkfed Mhyj dks izfrHkwfr;ka tkjh dh tk,axh A
lgk;d lkekU; cgh (,lth,y) [kkrk ugha j[krs gSa_
4- ,sls ekeys esa] tgka cksyh dh jkf'k izkjf{kr jkf'k
viokn % {ks=kh; xzkeh.k cSadksa (vkjvkjch) vkSj lgdkjh
(vf/lwfpr jkf'k ds 5 izfr'kr) ls vf/d gS ;Fkkuqikr
cSadksa dks muds lkafof/d nkf;Roksa ds n`f"Vxr bl Ldhe ds
vkcaVu fd;k tk,xk A vkaf'kd vkcaVuksa ds ekeys esa] ;g
v/hu 'kkfey fd;k tk,xk A
cSad vFkok izkFkfed Mhyjksa dk nkf;Ro gksxk fd og vius
2- tks izfr uhykeh nks djksM+ #i, (vafdr ewY;) ls vuf/d xzkgdksa dks izfrHkwfr;ksa dk mfpr vkcaVu ,d ikjn'khZ rjhds
jkf'k ds fy, ,d gh cksyh yxkrs gSa_ ls djsa A
3- tks ;g Ldhe iznku djus okys fdlh ,d cSad vFkok 5- ,sls ekeys esa tgka cksyh jkf'k izkjf{kr jkf'k ls de gks] deh
izkFkfed Mhyj ds ekè;e ls viuh cksyh vizR;{k :i ls dks izfrLi/hZ Hkkx esa 'kkfey fd;k tk,xk A
izLrqr djrs gSa A
6- izfrHkwfr dks Hkkjrh; fjtoZ cSad }kjk dsoy ,lth,y :i esa
viokn % ,ls s{k=skh; xkzeh.k cdaS (vkjvkjch) rFkk lgdkjh tkjh fd;k tk,xk A Hkkjrh; fjtoZ cSad bls ;k rks cSad
cSad tks Hkkjrh; fjtoZ cSad esa ,l-th-,y- [kkrk vkSj pkyw vFkok izkFkfed Mhyj ds eq[; ,lth,y [kkrs vFkok
[kkrk j[krs gSa] viuh vizfrLi/hZ ckfsy;k as dk s iRz;{k :i ls lh,lth,y [kkr se astek djxs k] tlS kfd muds }kjk fun'Zs k fn;k
iLz rrq dju s d s fy, ik=k gkxas s A x;k gS A eq[; ,lth,y [kkrs esa tek djus dh lqfo/k
III. O;kidrk % mi;qZDr 'krks± ds v/hu ¶vizfrLi/hZ¸ vk/kj ij ,dek=k mu fuos'kdksa dh lsok ds iz;kstukFkZ gS tks muds
iQeks±] dEifu;ksa] fuxfer fudk;ksa] laLFkkvksa] Hkfo"; fuf/;ksa] ?kVd ugha gSa A vr% cSad vFkok izkFkfed Mhyjksa dks
U;klksa vkSj Hkkjrh; fjtoZ cSad }kjk ;Fkk&fu/kZfjr fdlh vU; vizfrLièkhZ cksfy;ksa dh fufonk nsrs le; muds ,lth,y
dEiuh lfgr fdlh Hkh O;fDr ds fy, Hkkxhnkjh [kqyh gS A cksyh [kkrs vkSj lh,lth,y [kkrs esa tek gksus okyh jkf'k;ksa
nsus dh U;wure jkf'k 10]000 #i, (vafdr ewY;) vkSj mlds ckn (vafdr ewY;) dks Li"V :i ls n'kkZuk gksxk A ckn esa
10]000 #i, ds xq.ktksa esa gksxh tSlk vc rd fnukafdr LVkWd ds fuos'kd ds vuqjks/ ij eq[; ,lth,y [kkrs ls okLrfod
fy, gS A :i esa dh xbZ lqiqnZxh Lohdk;Z gS A¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 13
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
The auction will be conducted by Reserve
ls ikap dk;Z&fnolksa ds Hkhrj iwjk fd;k tk,xk A
Bank of India, Mumbai Office, Fort, Mumbai-400 001 on
8- cSad vFkok izkFkfed Mhyj vius xzkgdksa dks ;g lsok nsus ds
May 30, 2014. Bids for the auction should be submitted in
fy, Ng iSls izfr lkS #i, rd nykyh@deh'ku@lsok izHkkj electronic format on the Reserve Bank of India Core Banking
ds :i esa olwy dj ldrs gSa A ,slh dher fcØh ewY; esa Solution (E-Kuber) System on May 30, 2014. The non-
competitive bids should be submitted between 10.30 a.m.
'kkfey dh tk ldrh gS ;k xzkgdksa ls vyx ls olwy dh tk
and 11.30 a.m. and the competitive bids should be
ldrh gS A ,sls ekeys esa tgka izfrHkwfr;ksa dk varj.k izfrHkwfr
submitted between 10.30 a.m. and 12.00 noon.
dh fuxZe frfFk ds ckn izHkkoh gksrk gks] cSad ;k izkFkfed
5. When Issued Trading
Mhyj dks xzkgd }kjk ns; izfriQy jkf'k esa fuxZe frfFk ls
mifpr C;kt 'kkfey gksxk A The Stock will be eligible for “When Issued” trading
in accordance with the guidelines issued by the Reserve
9- izfrHkwfr;ksa dh ykxr] mifpr C;kt tgka Hkh ykxw gks] rFkk
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 Government Stock will be of thirty-years tenure
ds lkFk dh xbZ lgefr ds vuqlkj rS;kj dh tk,xh A ;g
commencing from December 23, 2013. The Stock will be
mYys[kuh; gS fd fdlh vU; ykxr] tSls fuf/dj.k ykxr
repaid at par on December 23, 2043.
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
}kjk le;≤ ij ekaxh xbZ ;kstuk ds rgr lapkyuksa ls lacaf/r
May 30, 2014. The payment by successful bidders will be
lwpuk fu/kZfjr le;&lhek ds varxZr cSad dks izLrqr djuh gksxh A on June 2, 2014, i.e., the date of reissue. 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 gS
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., December 23, 2013 to June 1, 2014.
tk,xk A
8. Interest
NOTIFICATION
Interest at the rate of 9.23 per cent per annum will
New Delhi, the 26th May, 2014
accrue on the nominal value of the Stock from the date of
Auction for Sale (Re-issue) of '9.23 per cent original issue and will be paid half yearly on June 23 and
Government Stock, 2043' December 23.
F. No. 4(4)-W & M/2014 (iii).—Government of
By Order of the President of India,
India hereby notifies sale (re-issue) of '9.23 per cent
Government Stock, 2043' (hereinafter called 'the Stock') Dr. RAJAT BHARGAVA, Jt. Secy.
for an aggregate amount of ` 3,000 crore (nominal). The
ANNEX URE
sale will be subject to the terms and conditions spelt out
in this notification (called ‘Specific Notification’) as also Scheme for Non-competitive Bidding Facility in the
the terms and conditions specified in the General Auctions of Government Securities
Notification F. No. 4 (13)-W & M/2008, dated October 8,
I. Scope : With a view to encouraging wider
2008 issued by Government of India.
participation and retail holding of Government securities it
2. Method of Issue is proposed to allow participation on “non-competitive”
The Stock will be sold through Reserve Bank of India, basis in select auctions of dated Government of India (GoI)
Mumbai Office, Fort, Mumbai-400 001 in the manner as securities. Accordingly, non-competitive bids up to 5 per
prescribed in paragraph 5.1 of the General Notification cent of the notified amount will be accepted in the auctions
F. No. 4 (13)-W & M/2008, dated October 8, 2008 by a price dated securities. The reserved amount will be within the
based auction using uniform price auction method. notified amount.
3. Allotment to Non-competitive Bidders II. Eligibility : Participation on a non-competitive
The Government Stock up to 5% of the notified basis in the auctions of dated GoI securities will be open
amount of the sale will be allotted to eligible individuals to investors who satisfy the following :
and institutions as per the enclosed Scheme for Non-14 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
1. do not maintain Current Account (CA) or Subsidiary allotment would be made. In case of partial allotments,
General Ledger (SGL) account with the Reserve Bank it will be the responsibility of the bank or PD to
of India. appropriately allocate securities to their clients in a
Exceptions : Regional Rural Banks (RRBs) and Co- transparent manner.
operative Banks shall be covered under this Scheme 5. In case the aggregate amount of bids is less than the
in view of their statutory obligations. reserved amount, the shortfall will be taken to
2. make a single bid for an amount not more than competitive portion.
` two crore (face value) per auction. 6. Security would be issued only in SGL form by RBI.
3. submit their bid indirectly through any one bank or RBI would credit either the main SGL account or the
PD offering this scheme. CSGL account of the bank or PD as indicated by
Exceptions : Regional Rural Banks (RRBs) and Co- them. The facility for affording credit to the main
operative Banks that maintain SGL account and SGL account is for the sole purpose of servicing
current account with the Reserve Bank of India shall investors who are not their constituents. Therefore,
be eligible to submit their non-competitive bids directly. the bank or PD would have to indicate clearly at the
III. Coverage : Subject to the conditions mentioned time of tendering the non-competitive bids the
above, participation on “non-competitive” basis is open amounts (face value) to be credited to their SGL
to any person including firms, companies, corporate bodies, account and the CSGL account. Delivery in physical
institutions, provident funds, trusts, and any other entity form from the main SGL account is permissible at the
as may be prescribed by RBI. The minimum amount for instance of the investor subsequently.
bidding will be ` 10,000 (face value) and thereafter in
7. It will be the responsibility of the bank or the PD to
multiples in ` 10,000 as hitherto for dated stocks.
pass on the securities to their clients. Except in
IV. Other Operational Guidelines : extraordinary circumstances, the transfer of securities
1. The retail investor desirous of participating in the to the clients shall be completed within five working
auction under the Scheme would be required to days from the date of issue.
maintain a Constituent Subsidiary General Ledger 8. The bank or PD can recover upto six paise per
(CSGL) account with the bank or PD through whom ` 100 as brokerage/commission/service charges for
they wish to participate. Under the Scheme, an
rendering this service to their clients. Such costs
investor can make only a single bid in an auction of
may be built into the sale price or recovered
a dated security. An undertaking to the effect that
separately from the clients. In case the transfer of
the investor is making only a single bid will have to
securities is effected subsequent to the issue date of
obtained and kept on record by the bank or PD.
the security, the consideration amount payable by
2. Each bank or PD on the basis of firm orders received
the client to the bank or PD would also include
from their constituents will submit a single
accrued interest from the date of issue.
consolidated non-competitive bid on behalf of all its
9. Modalities for obtaining payment from clients towards
constituents in electronic format on the Reserve Bank
cost of the securities, accrued interest wherever
of India Core Banking Solution (E-Kuber) System.
applicable and brokerage/commission/service
Except in extraordinary circumstances such as
charges may be worked out by the bank or PD as per
general failure of the Reserve Bank of India Core
agreement with the client. It may be noted that no
Banking Solution (E-Kuber) System, non-competitive
other costs such as funding costs should be built
bid in physical form will not be accepted.
into the price or recovered from the client.
3. Allotment under the non-competitive segment to the
V. Banks and PDs will be required to furnish
bank or PD will be at the weighted average rate of
information relating to operations under the Scheme to the
yield/price that will emerge in the auction on the basis
Reserve Bank of India (Bank) as may be called for from
of the competitive bidding. The securities will be
issued to the bank or PD against payment on the time to time within the time frame prescribed by the Bank.
date of issue irrespective of whether the bank or PD VI. The aforesaid guidelines are subject to review
has received payment from their clients. by the Bank and accordingly, if and when considered
4. In case the aggregate amount of bid is more than the necessary, the Scheme will be modified.
reserved amount (5 % of notified amount), pro rata
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