**Policy Summary:**
This notification, issued by the Ministry of Finance, Department of Economic Affairs, Budget Division, on March 29, 2019, announces the premature redemption of a portion of the outstanding stock of Non-interest bearing Government of India IDBI Special Security, 2024. The redemption is executed via a "call option" at par, as per the original notification F.No.4(16)WM2004 dated September 29, 2004, para 5(ii). The aggregate amount to be redeemed is Rupees one hundred ten crore (₹110 crore nominal). The effective date of this premature redemption is March 31, 2019. Following this redemption, the outstanding stock of the Special Security will be Rupees four thousand one hundred sixteen crore (₹4,116 crore nominal). This notification is issued by order of the President of India. The Joint Secretary, Arvind Shrivastava, is the signing authority.
Key Entities Referenced
Ministry of Finance: The ministry of the Government of India responsible for economic and financial matters.
Department of Economic Affairs: A department within the Ministry of Finance, Government of India.
Non-interest bearing Government of India IDBI Special Security, 2024: A specific type of government security that is being prematurely redeemed.
New Delhi: The location where the notification was issued.
Rupees one hundred ten crore: The aggregate amount of the premature redemption.
March 31, 2019: The date of premature redemption of the Special Security.
Rupees four thousand one hundred sixteen crore: The outstanding stock of the Special Security after the exercise of call option.
Arvind Shrivastava: Joint Secretary who issued the order on behalf of the President of India.
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EXTRAORDINARY
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PART I—Section 1
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PUBLISHED BY AUTHORITY
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No. 105] NEW DELHI, FRIDAY, MARCH 29, 2019/CHAITRA 8, 1941
ििििवववव(cid:3)(cid:3)(cid:3)(cid:3) मममम(cid:7)(cid:7)ंं(cid:7)(cid:7)ंं ााााललललयययय
आआआआ(cid:12)(cid:12)(cid:12)(cid:12)थथथथकककक ककककाााायययय (cid:15)(cid:15) (cid:15)(cid:15)ििििववववभभभभाााागगगग
((((बबबबजजजजटटटट (cid:21)(cid:21)(cid:21)(cid:21)भभभभाााागगगग))))
अअअअििििधधधधससससचचूूचचूू ननननाााा
नई (cid:4)द(cid:6)ली, 29 माच(cid:13), 2019
भभभभााााररररतततत ससससररररककककाााारररर कककक(cid:25)(cid:25)(cid:25)(cid:25) (cid:26)(cid:26)(cid:26)(cid:26)ययययााााजजजज ररररििििहहहहतततत,,,, आआआआईईईईडडडडीीीीबबबबीीीीआआआआईईईई ििििववववशशशशेषेषेषेष (cid:21)(cid:21)(cid:21)(cid:21)ििििततततभभभभििूूििूूतततत,,,, 2222000022224444 ककककेेेे बबबबककककााााययययाााा ’’’’टटटटॉॉॉॉकककक ककककेेेे एएएएकककक भभभभाााागगगग ककककाााा ससससममममयययय पपपपूवूवूवूव (cid:15)(cid:15) (cid:15)(cid:15)ममममोोोोचचचचनननन
फफफफाााा.... सससस..ंं..ंं 4444((((4444))))----डडडड(cid:26)(cid:26)(cid:26)(cid:26)....ययययएएूूएएूू ////डडडडएएएएमममम//// 2222000011118888....———— भारत सरकार, एतद(cid:20)ारा एक सौ दस करोड़ (cid:21)पए (110 करोड़ (cid:21).) (अं(cid:4)कत) क(cid:29) कुल
रािश के िलए (cid:4)दनांक 29 िसतंबर, 2004 क(cid:29) अिधसूचना फा.... सं. 4 (16) ड,(cid:6)यूए.डएम/ 2004 के पैरा 5 (ii) म3 यथा िविहत, “मांग
िवक(cid:6)प” (काल ऑ8शन) का 9योग करते ;ए, भारत सरकार क(cid:29) ,याज रिहत, आईडीबीआई िवशेष 9ितभूित, 2024, (िजसे इसम3 इसके
बाद सं@ेप म3 “िवशेष 9ितभूित” कहा गया ह)ै के समय पूव(cid:13) मोचन को अिधसूिचत करती ह।ै
2. समय पूव(cid:13) मोचन क(cid:29) तारीख
भारत सरकार (cid:20)ारा िवशेष 9ितभूित के समय पूव(cid:13) मोचन क(cid:29) तारीख इस अिधसूचना क(cid:29) तारीख अथा(cid:13)त ्31 माच(cid:13), 2019 होगी।
3. बकाया Eटॉक
मांग िवक(cid:6)प (काल ऑ8शन) के 9योग के बाद िवशेष 9ितभूित का बकाया Eटॉक चार हजार एक सौ सोलह करोड़ (cid:21)पए (4,116 करोड़ (cid:21).)
(अं(cid:4)कत) होगा।
राHपित के आदशे से,
अरIवद JीवाEतव, संयुK सिचव
1947 GI/2019 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
MINISTRY OF FINANCE
(Department of Economic Affairs)
(BUDGET DIVISION)
NOTIFICATION
New Delhi, the 29th March, 2019
Premature redemption of a part of outstanding stock of Non-interest bearing Government of India IDBI Special
Security, 2024
F.No.4(4)-B(W&M)/2018.— Government of India, hereby notifies further premature redemption on Non-
interest bearing Government of India IDBI Special Security, 2024 (hereinafter briefly described as "the Special Security")
by exercising "call option" at par as stipulated in para 5(ii) of its Notification F.No.4 (16)-W&M/2004 dated
September 29, 2004, for an aggregate amount of Rupees one hundred ten crore (` 110 crore) [nominal].
2. Date of Premature Redemption
The date of premature redemption of the Special Security by the Government of India shall be the date of this notification
i.e. March, 31, 2019.
3. Outstanding Stocks
The outstanding stock of the Special Security shall be Rupees four thousand one hundred sixteen crore (`4,116 crore)
[nominal] after the exercise of call option.
By Order of the President of India,
ARVIND SHRIVASTAVA, Jt. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.