**Policy Summary:**
This notification, issued by the Ministry of Finance, Department of Economic Affairs, Budget Division on March 27, 2020, 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 by exercising a "call option" at par, as per the original notification F. No. 416WM2004 dated September 29, 2004, para 5ii. The aggregate amount of the premature redemption is Rupees two hundred ten crore (₹210 crore nominal). The date of premature redemption is March 31, 2020. Following this redemption, the outstanding stock of the Special Security will be Rupees three thousand nine hundred six crore (₹3,906 crore nominal). The notification is issued by order of the President of India, Rajat Kumar Mishra, Jt. Secy.
Key Entities Referenced
Ministry of Finance: A department of the Government of India responsible for economic and financial matters.
Department of Economic Affairs: A department within the Ministry of Finance.
Non-interest bearing Government of India IDBI Special Security, 2024: A special security issued by the Government of India maturing in 2024, that does not accrue interest.
IDBI: Likely refers to Industrial Development Bank of India. The context is special security related to IDBI.
New Delhi: The location where the notification was issued, New Delhi, Delhi.
Government of India: The governing authority of the Republic of India.
Rajat Kumar Mishra: The Joint Secretary who signed the notification.
The Gazette of India: Official journal of the government of India
रजिस्ट्री स.ं डी.एल.-33004/99 REGD. NO. D. L.-33004/99
सी.जी.-डी.एल.-अ.-28032020-218945
CG-DxLx-xEG-I2D8H0x3x2x0 20-218945
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असाधारण
EXTRAORDINARY
भाग I—खण्ड 1
PART I—Section 1
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 77] नई दिल्ली, िुक्रिार, माच ि27, 2020/चत्रै 7, 1942
No.77] NEW DELHI, FRIDAY, MARCH 27, 2020/CHAITRA 7, 1942
जित्त मत्रं ालय
(आर्थकि काय िजिभाग)
(बिट प्रभाग)
अजधसचू ना
नई दिल्ली, 27 माच,ि 2020
जिषय : भारत सरकार की ब्याि रजित, आईडीबीआई जििषे प्रजतभजू त, 2024 के बकाया स्ट्टॉक के एक भाग का समय पिू िमोचन
फा.स.ं 4 (4)डब्ल्यएू ण्डएम/2018.—भारत सरकार, एतद्द्वारा िो सौ िस करोड़ रुपए (210 करोड़ रु.) [अंदकत] की कुल
राजि के जलए दिनाकं 29 जसतंबर, 2004 की अजधसचू ना एफ सं.4 (16) डब्ल्यूएण्डएम/2004 के पैरा 5 (ii) में
यथा-जिजित,“मांग जिकल्प” (काल ऑप्िन) का प्रयोग करते हुए, भारत सरकार की ब्याि रजित, आईडीबीआई जििषे प्रजतभूजत,
2024, (जिसे इसमें इसके बाि सक्षं ेप में “जििेष प्रजतभूजत” किा गया ि)ै के समय पूिि मोचन को अजधसूजचत करती ि।ै
2. समय पूिि मोचन की तारीख
भारत सरकार द्वारा जििेष प्रजतभूजत के समय पिू ि मोचन की तारीख इस अजधसचू ना की तारीख अथाित 31 माचि, 2020 िोगी।
3. बकाया स्ट्टॉक
मांग जिकल्प (काल ऑप्िन) के प्रयोग के बाि जििषे प्रजतभूजत का बकाया स्ट्टॉक तीन ििार नौ सौ छ: करोड़ रुपए केिल
(` 3,906 करोड़ रु. केिल) [अंदकत] िोगा।
राष्ट्रपजत के आििे स,े
रित कुमार जमश्र, संयुक्त सजचि
1625 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1]
MINISTRY OF FINANCE
(Department of Economic Affairs)
(BUDGET DIVISION)
NOTIFICATION
New Delhi, the 27th March, 2020
Subject: 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 two hundred ten crore (` 210 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, 2020.
3. Outstanding Stock
The outstanding stock of the Special Security shall be Rupees three thousand nine hundred six crore only (` 3,906
crore) [nominal] after the exercise of call option.
By Order of the President of India,
RAJAT KUMAR MISHRA, 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.