Home India Ministry of Finance Government of India hereby notifies sale issuereissue of the...
Date: 2018-04-09 Category: Extra Ordinary State: Union Government Country: India

Government of India hereby notifies sale issuereissue of the following Government Stocks

Issued by Ministry of Finance · Department of Economic Affairs

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Executive Summary & Key Takeaways

Executive Summary: This document notifies the sale/issue/reissue of Government Stocks. The auction will be conducted by the Reserve Bank of India on April 13, 2018, with payment by successful bidders due on April 16, 2018. It also includes a scheme for non-competitive bidding in Government Security auctions to encourage wider participation. Key Points / Main Content: Government Stock Auction Details: * Government of India is selling/issuing/reissuing Government Stocks. * The auction will be conducted by the Reserve Bank of India, Mumbai Office. * Auction Date: April 13, 2018. * Bids must be submitted electronically via the Reserve Bank of India Core Banking Solution EKuber system. * Non-competitive bids: 10:30 a.m. - 11:30 a.m. * Competitive bids: 10:30 a.m. - 12:00 noon. * Payment by successful bidders is due on April 16, 2018. * Stocks are eligible for When Issued trading. Government Stock Information: * Includes details such as the name of the security, date of issue, maturity date, notified amount, and coupon rate. * GoI has the option to retain additional subscriptions up to 1,000 crore against any one or more of the securities. * Interest will accrue on the nominal value of the Stock and will be paid half yearly. * Stocks will be repaid at par on the date of maturity. Non-Competitive Bidding Scheme: * Up to 5% of the notified amount of the sale will be allotted to eligible individuals and institutions via non-competitive bidding. * Minimum bid amount: 10,000 face value. * Bids must be submitted through a bank or PD (Primary Dealer) offering the scheme. * Allotment will be at the weighted average rate of yield/price from the competitive bidding. * Banks/PDs can recover up to six paise per 100 as brokerage/commission/service charges. Impact Analysis: Retail Investors: * Impact: Opportunity to participate in Government Security auctions on a non-competitive basis, potentially increasing retail holdings of these securities. * Action Required: Must submit bids through a bank or PD offering the non-competitive bidding scheme and maintain a constituent subsidiary general ledger (CSGL) account with them. Banks and Primary Dealers (PDs): * Impact: Required to submit consolidated non-competitive bids on behalf of their constituents. Responsible for allocating securities to clients and ensuring timely transfer. * Action Required: Establish CSGL accounts for retail investors, submit consolidated bids electronically, and ensure securities are transferred to clients within five working days of the issue date. Reserve Bank of India (RBI): * Impact: Conducts the auction, displays results, and issues securities in SGL form. * Action Required: Conduct the auction on April 13, 2018, and credit securities to the SGL or CSGL accounts of banks/PDs. Government of India (GoI): * Impact: Raises funds through the sale/issue/reissue of Government Stocks. * Action Required: Oversee the auction process and manage the issuance of Government Stocks.

Key Entities Referenced

Reserve Bank of India: The central bank of India, involved in the sale of government stocks. Government of India: The issuer of the government stocks and the authority issuing the notification. Mumbai, Maharashtra: Location of the Reserve Bank of India office involved in the auction. Ministry of Finance: The ministry under which the Department of Economic Affairs and Budget Division operate. Department of Economic Affairs: A department within the Ministry of Finance responsible for economic policies. New Delhi: The city from which the notification is issued. Government Stock: Securities being sold through auction. PRASHANT GOYAL: Joint Secretary who signed the notification on behalf of the President of India.
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L.-33004/99 vlk/kj.k EXTRAORDINARY Hkkx I—[k.M 1 PART I—Section 1 izkf/dkj ls izdkf'kr PUBLISHED BY AUTHORITY la- 127] ubZ fnYyh] lkseokj] vçSy 9] 2018@pS=k 19] 1940 No. 127] NEW DELHI, MONDAY, APRIL 9, 2018/CHAITRA 19, 1940 ििििवववव(cid:3)(cid:3)(cid:3)(cid:3) मममम(cid:6)(cid:6)ंं(cid:6)(cid:6)ंं ााााललललयययय (आआआआ(cid:11)(cid:11)(cid:11)(cid:11)थथथथकककक ककककाााायययय (cid:14)(cid:14)(cid:14)(cid:14)ििििववववभभभभाााागगगग)))) (बबबबजजजजटटटट (cid:15)(cid:15)(cid:15)(cid:15)भभभभाााागगगग)))) अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:1)द(cid:3)ली, 09 अ(cid:7)लै , 2018 ससससररररककककााााररररीीीी (cid:22)(cid:22)(cid:22)(cid:22)टटटटॉॉॉॉकककक ((((जजजजीीीी एएएएसससस)))) कककक(cid:25)(cid:25)(cid:25)(cid:25) ििििबबबब(cid:27)(cid:27)(cid:27)(cid:27)(cid:25)(cid:25)(cid:25)(cid:25) ((((ििििननननगगगगमममम(cid:14)(cid:14)(cid:14)(cid:14) ////पपपपननुुननुु (cid:11)(cid:11)(cid:11)(cid:11)ननननगगगगमम(cid:14)(cid:14)मम(cid:14)(cid:14) )))) ककककेेेे ििििललललएएएए ननननीीीीललललााााममममीीीी एएएएफफफफ....सससस(cid:31)(cid:31)ंं(cid:31)(cid:31)ंं ययययाााा4444((((6666))))----डडडड!!!! "" ""यय यय एएूूएएूू डडंंडडंं एएएएमममम////2222000011118888:— भारत सरकार एत(cid:11)ारा नीच े (cid:1)दए गए अनसु ार सरकारी (cid:22)टॉक, क(cid:25) िब(cid:28)(cid:25) ((((ििििननननगगगगमम(cid:14)(cid:14)मम(cid:14)(cid:14) ////पपपपननननुुुु (cid:11)(cid:11)(cid:11)(cid:11)ननननगगगगमम(cid:14)(cid:14)मम(cid:14)(cid:14) )))) अिधसूिचत करती ह।ै (cid:15)(cid:15)(cid:15)(cid:15)ििििततततभभभभििििूूूूतततत ककककाााा ननननाााामममम ममममललललूूूू ििििननननगगगगमम(cid:14)(cid:14)मम(cid:14)(cid:14) कककक(cid:25)(cid:25)(cid:25)(cid:25) ममममललललूूूू अअअअववववििििधधधध पपपप (((( ररररपपपप))))तततताााा कककक(cid:25)(cid:25)(cid:25)(cid:25) ननननीीीीललललााााममममीीीी ननननीीीीललललााााममममीीीी कककक(cid:25)(cid:25)(cid:25)(cid:25) अअअअििििधधधधससससििििूूूू चचचचतततत ततततााााररररीीीीखखखख ----ममममााााहहहह ववववषषषष))))(cid:14)(cid:14)(cid:14)(cid:14) ततततााााररररीीीीखखखख ककककाााा आआआआधधधधाााारररर ििििववववििििधधधध ररररााााििििशशशश ((((ककककररररोोोोड़ड़ड़ड़ मममम)),,)),, नया सरकारी (cid:22)टॉक, 2023 16 अ(cid:7)लै , 2018 05-00-00 16 अ(cid:7)लै , 2023 लाभ िविवध 3,000 6.68% सरकारी (cid:7)ितभिू त 04 िसतंबर, 2017 14-00-13 17 िसतंबर, 2031 मू(cid:3)य िविवध 4,000 2031 7.73% सरकारी (cid:7)ितभिू त 12 अ!त ूबर, 2015 19-02-07 19 (cid:1)दसंबर, 2034 मू(cid:3)य िविवध 2,000 2034 7.06% सरकारी (cid:7)ितभिू त 10 अ!त ूबर, 2016 30-00-00 10 अ! तूबर, 2046 मू(cid:3)य िविवध 3,000 2046 कुल अिधसूिचत रािश के अ%यधीन 12,000 करोड़ (पए क(cid:25) सीमा तक भारत सरकार, उपयु+! त एक या अिधक (cid:7)ितभिू तय, के प-रपे.य म/ (cid:7)0य के म / 1,000 करोड़ (पए तक के अित-र1 अिभदान का िवक(cid:3)प बनाए रखेगी। यह िब(cid:28)(cid:25) इस अिधसूचना (िजस े 'िविश5ट अिधसूचना' कहा गया ह)ै म /उि(cid:3)लिखत शत6 के अधीन होगी। इस (cid:22)टॉक क(cid:25) िब(cid:28)(cid:25) भारतीय -रजव+ ब:क, मुंबई कायाल+ य, 2094 GI/2018 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] फोट+, मुंबई-400001 के मा%यम स े भारत सरकार <ारा जारी सामा=य अिधसूचना एफ.स>ं या 4(2)-ड@(cid:3)यू एAड एम/2018, तारीख 26 माच +2018 म /िनBदC शत6 के अधीन क(cid:25) जाएगी। अअअअ(cid:15)(cid:15)(cid:15)(cid:15)िििितततत(cid:22)(cid:22)(cid:22)(cid:22)पपपपधधधध//// बबबबोोोोललललीीीीददददाााातततताााा1111 ककककोोोो आआआआबबबबंटंटंटंटनननन 2. सरकारी (cid:7)ितभिू तय, क(cid:25) नीलािमय, म /अ(cid:7)ित(cid:22)पधD बोली दने े क(cid:25) सिु वधा क(cid:25) संलE (cid:22)क(cid:25)म (अनुबंध) के अनसु ार, िब(cid:28)(cid:25) क(cid:25) अिधसिू चत रािश का 5 (cid:7)ितशत तक सरकारी (cid:22)टॉक पाF G यि1य, और सं(cid:22)थाI को आबं-टत (cid:1)कया जाएगा । ननननीीीीललललााााममममीीीी ककककाााा (cid:22)(cid:22)(cid:22)(cid:22)थथथथाााानननन एएएएवववव ंं ंंततततााााररररीीीीखखखख 3. यह नीलामी भारतीय -रजव+ ब:क, मुंबई काया+लय, फोट+, मुंबई-400001 <ारा 11113333 अअअअ(cid:15)(cid:15)(cid:15)(cid:15)ललैैललैै ,,,, 2222000011118888 को संचािलत क(cid:25) जाएगी। नीलामी हते ु बोिलया ंभारतीय -रजव+ ब:क कोर ब:Kकग सो(cid:3)यूशन (ई-कुबेर) (cid:7)णाली संबंधी इल!े Mॉिनक (cid:7)पF म /11113333 अअअअ(cid:15)(cid:15)(cid:15)(cid:15)ललललैैैै ,,,, 2222000011118888 को (cid:7)(cid:22)तुत क(cid:25) जानी चािहए। अ(cid:7)ित(cid:22)पधD बोिलया ं पपपपववूूववूू ाााा33(cid:14)(cid:14)33(cid:14)(cid:14) नननन 11110000....33330000 बबबबजजजज ेे ेे सससस ेे ेे पपपपववूूववूू ाााा33(cid:14)(cid:14)33(cid:14)(cid:14) नननन 11111111....33330000 बबबबजजजज ेेेे के बीच और (cid:7)ित(cid:22)पधD बोिलया ं पपपपूवूवूवूवाााा33(cid:14)(cid:14)33(cid:14)(cid:14) नननन 11110000....33330000 बबबबजजजज ेे ेेसससस ेे ेेददददोोोोपपपपहहहहरररर 11112222....00000000 बबबबजजजज ेेेेके बीच (cid:7)(cid:22)तुत क(cid:25) जानी चािहए। ककककबबबब ििििननननगगगगिि(cid:14)(cid:14)िि(cid:14)(cid:14)ममममतततत ककककााााररररोोोोबबबबाााारररर 4. यह (cid:22)टॉक, भारतीय -रजव+ ब:क <ारा जारी (cid:1)दशािनदशN , के अनसु ार, 'कब िनगि+ मत’ कारोबार के िलए पाF होगा। ििििननननगगगगमममम(cid:14)(cid:14)(cid:14)(cid:14) कककक(cid:25)(cid:25)(cid:25)(cid:25) ततततााााररररीीीीखखखख औऔऔऔरररर (cid:22)(cid:22)(cid:22)(cid:22)टटटटॉॉॉॉकककक ककककेेेे ििििललललएएएए भभभभगगुुगगुु तततताााानननन 5. नीलामी का प-रणाम भारतीय -रजव+ ब:क <ारा अपने फोट+ ि(cid:22)थत मुंबई कायाल+ य म/ 11113333 अअअअ(cid:15)(cid:15)(cid:15)(cid:15)ललैैललैै ,,,, 2222000011118888 को (cid:7)दPशत (cid:1)कया जाएगा। सफल बोलीदाताI <ारा भुगतान 11116666 अअअअ(cid:15)(cid:15)(cid:15)(cid:15)ललललैैैै ,,,, 2222000011118888 अथा+त ् ििििननननगगगगमम(cid:14)(cid:14)मम(cid:14)(cid:14) ////पपपपननुुननुु (cid:11)(cid:11)(cid:11)(cid:11)ननननगगगगमममम(cid:14)(cid:14)(cid:14)(cid:14) क(cid:25) तारीख को (cid:1)कया जाएगा। (cid:22)टॉक के िलए भुगतान म/ नीलामी म/ आबं-टत (cid:22)टॉक के अं(cid:1)कत मू(cid:3)य पर, मलू िनग+म/अंितम कूपन भुगतान क(cid:25) तारीख स े (cid:7)ोRभूत @याज दये होने क(cid:25) तारीख तक (cid:7)ोRभतू @याज शािमल होगा। !!!!ययययााााजजजज ककककाााा भभभभगगुुगगुु तततताााानननन औऔऔऔरररर (cid:22)(cid:22)(cid:22)(cid:22)टटटटॉॉॉॉकककक ककककाााा पपपपननननुुुु भभभभगगु(cid:14)ु(cid:14)गगु(cid:14)ु(cid:14) तततताााानननन 6. मूल िनगम+ /अिं तम कूपन भुगतान क(cid:25) तारीख से (cid:22)टॉक के अ(cid:1)ं कत मू(cid:3)य पर @याज (cid:7)ोRभूत होगा तथा इसका भुगतान अSव+ ाPषक आधार पर (cid:1)कया जाएगा। (cid:22)टॉक का पनु भु+गतान प-रपUता क(cid:25) तारीख पर सममू(cid:3)य पर (cid:1)कया जाएगा। (cid:15)(cid:15)(cid:15)(cid:15)ििििततततभभभभििििूूूूतततत ककककाााा ननननाााामममम ककककूूूूपपपपनननन ददददरररर अअअअ ििंंििंं तततत मममम ककककूूूूपपपपनननन भभभभगगुुगगुु तततताााानननन 7777ककककसससस ततततााााररररीीीीखखखख ततततकककक (cid:15)(cid:15)(cid:15)(cid:15)ोोोो8888भभभभततततूूूू ककककूूूूपपपपनननन भभभभगगुुगगुु तततताााानननन कककक(cid:25)(cid:25)(cid:25)(cid:25) ततततााााररररीीीीखखखख ((((%%%%)))) कककक(cid:25)(cid:25)(cid:25)(cid:25) ततततााााररररीीीीखखखख !!!!ययययााााजजजज ददददययेेययेे हहहह ैैैै ((((ततततााााररररीीीीखखखख////ममममााााहहहह)))) 5 वष+ का नया सरकारी (cid:22)टॉक नया (cid:22)ट ॉक # नया (cid:22)टॉक नया (cid:22)टॉक 16 अ! तूबर और 16 अ(cid:7)लै 6.68% सरकारी (cid:7)ितभिू त 6.68 17 माच,+ 2018 15 अ(cid:7)ैल, 2018 17 िसतंबर और 17 माच + 2031 7.73% सरकारी (cid:7)ितभिू त 7.73 19 (cid:1)दसंबर, 15 अ(cid:7)ैल, 2018 19 जून और 19 (cid:1)दसंबर 2034 2017 7.06% सरकारी (cid:7)ितभिू त 7.06 10 अ(cid:7)लै , 15 अ(cid:7)ैल, 2018 10 अ! तूबर और 10 अ(cid:7)लै 2046 2018 # (cid:1)ितभूित के िलए कूपन दर का िनणय(cid:17) नीलामी म(cid:21) िनधा(cid:23)(cid:17) रत प(cid:23)रप(cid:24) वता दर क(cid:26) कटआफ लाभ पर (cid:30)कया जाएगा। "याज का - भुगतान अ%व(cid:17) ा&षक आधार पर (cid:30)कया जाएगा। भारत के राVपित के आदशे से (cid:7)शातं गोयल, संयु1 सिचव¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 3 अअअअननननुबुबुबुबधधंंधधंं ससससररररककककााााररररीीीी (cid:15)(cid:15)(cid:15)(cid:15)ििििततततभभभभििििूूूूततततयययय:::: कककक(cid:25)(cid:25)(cid:25)(cid:25) ननननीीीीललललााााममममीीीी मममम ,,,,अअअअ(cid:15)(cid:15)(cid:15)(cid:15)िििितततत(cid:22)(cid:22)(cid:22)(cid:22)पपपपधधधध//// बबबबोोोोललललीीीी ससससििुुििुुववववधधधधाााा (cid:22)(cid:22)(cid:22)(cid:22)कककक(cid:25)(cid:25)(cid:25)(cid:25)मममम IIII.... ककककाााायययय;;(cid:14)(cid:14);;(cid:14)(cid:14) (cid:6)(cid:6)ेे(cid:6)(cid:6)ेे :::: सरकारी (cid:7)ितभिू तय, क(cid:25) Wापक भागीदारी और खुदरा धा-रता को (cid:7)ो0साहन दने े क(cid:25) दिृC से भारत सरकार क(cid:25) (cid:1)दना(cid:1)ं कत (cid:7)ितभूितय, क(cid:25) चयिनत नीलािमय, म / "अ(cid:7)ित(cid:22)पधD" आधार पर भागीदारी क(cid:25) अनुमित दने े का (cid:7)(cid:22)ताव (cid:1)कया गया ह।ै तRनसु ार, (cid:1)दना(cid:1)ं कत (cid:7)ितभिू तय, क(cid:25) नीलािमय, म / अिधसिू चत रािश के 5 (cid:7)ितशत तक क(cid:25) अ(cid:7)ित(cid:22)पधD बोिलया ं (cid:22)वीकार क(cid:25) जाएंगी। (cid:7)ारिYत रािश अिधसिू चत रािश के अअअअ<<<<ततततगगगगतत(cid:14)(cid:14)तत(cid:14)(cid:14) होगी। IIIIIIII.... पपपपाााा(cid:6)(cid:6)(cid:6)(cid:6)तततताााा :::: भारत सरकार क(cid:25) (cid:1)दना(cid:1)ं कत (cid:7)ितभिू तय, क(cid:25) नीलािमय, म / अ(cid:7)ित(cid:22)पधD आधार पर ऐसे िनवेशक, के िलए भागीदारी खुली होगी जो िनZिलिखत शत6 को पूरा करत ेह:: 1. जो भारतीय -रजव+ ब:क के पास चाल ूखाता (सीए) अथवा सहायक सामा=य बही (एसजीएल) खाता नह[ रखत ेह;: अअअअपपपपववववाााादददद:::: YेFीय \ामीण ब:क, (आरआरबी) और सहकारी ब:क, को उनके सािं विधक दािय0व, के दिृCगत इस (cid:22)क(cid:25)म के अधीन शािमल (cid:1)कया जाएगा। 2. जो (cid:7)ित नीलामी दो करोड़ (पए (अं(cid:1)कत मू(cid:3)य) से अनिधक रािश के िलए एक ही बोली लगाते ह;: 3. जो यह (cid:22)क(cid:25)म (cid:7)दान करन े वाल े (cid:1)कसी एक ब:क अथवा (cid:7)ाथिमक डीलर के मा%यम स े अपनी बोली अ(cid:1)(य) *प स े (cid:7)(cid:22)तुत करत ेह।: अअअअपपपपववववाााादददद:::: ऐस े YेFीय \ामीण ब:क (आरआरबी) तथा सहकारी ब:क जो भारतीय -रजव+ ब:क म / एस.जी.एल.खाता और चाल ूखाता रखत ेह,: अपनी अ(cid:7)ित(cid:22)पधD बोिलय, को (cid:7)0यY ]प से (cid:7)(cid:22)तुत करन ेके िलए पाF ह,गे। IIIIIIIIIIII.... ====ाााापपपपककककतततताााा:::: उपयु+1 शत6 के अधीन "अ(cid:7)ित(cid:22)पधD" आधार पर फम6, कंपिनय,, िनगिमत िनकाय,, सं(cid:22)थाI, भिव5 य िनिधय,, =यास, और भारतीय -रजव+ ब:क <ारा यथा-िनधा-+ रत (cid:1)कसी अ=य कंपनी सिहत (cid:1)कसी भी Wि1 के िलए भागीदारी खुली ह।ै बोली दने े क(cid:25) =यूनतम रािश 10,000 (पए (अं(cid:1)कत मू(cid:3)य) और उसके बाद 10,000 (पए के गुणज, म/ होगी जैसा अब तक (cid:1)दना(cid:1)ं कत (cid:22)टॉक के िलए ह।ै IIIIVVVV.... अअअअ<<<<यययय (cid:15)(cid:15)(cid:15)(cid:15)चचचचााााललललननननाााा????ममममकककक 7777ददददशशशशााााििििननननददददशशAAशशAA :::: 1111.... खुदरा िनवेशक के िलए उस ब:क अथवा (cid:7)ाथिमक डीलर, िजनके मा%यम स े वे भाग लेना चाहत े ह:, के पास एक संघटक सहायक सामा=य बही (सीएसजीएल) खाता रखना अिनवाय + होगा। कोई भी िनवेशक इस (cid:22)क(cid:25)म के अधीन (cid:1)दना(cid:1)ं कत (cid:7)ितभिू त क(cid:25) (cid:1)कसी नीलामी म / केवल एक बोली म / भाग ले सकता ह।ै इस आशय का वचन (cid:1)क िनवेशक केवल एक बोली द ेरहा ह,ै ब:क अथवा (cid:7)ाथिमक डीलर <ारा (cid:7)ा^ (cid:1)कया जाना और -रकाड +म /रखा जाना होगा। 2. अपन े \ाहक, स े (cid:7)ा^ प_े आडर+ के आधार पर (cid:7)0यके ब:क अथवा (cid:7)ाथिमक डीलर भारतीय -रजव+ ब:क कोर ब:Kकग सो(cid:3)यूशन (ई-कुबेर) (cid:7)णाली संबंधी इले!Mॉिनक (cid:7)पF म/ अपने \ाहक, क(cid:25) ओर से एक एकल समे(cid:1)कत अ(cid:7)ित(cid:22)पधD बोली (cid:7)(cid:22)तुत करेगा। असाधारण प-रि(cid:22)थितय,, जैस े भारतीय -रजव+ ब:क कोर ब:Kकग सो(cid:3)यूशन (ई-कुबरे ) (cid:7)णाली म / सामा=य गड़बड़ी को छोड़कर, भौितक ]प म /अ(cid:7)ित(cid:22)पधD बोली (cid:22)वीकार नह[ क(cid:25) जाएगी। 3. ब:क अथवा (cid:7)ाथिमक डीलर को अ(cid:7)ित(cid:22)पधD खंड के अधीन आबंटन (cid:7)ितलाभ/क(cid:25)मत क(cid:25) उस भारािं शत औसत दर पर होगा, जो (cid:7)ित(cid:22)पधD बोली दने े के आधार पर नीलामी म /सामन ेआएगी। इस बात पर %यान (cid:1)दए िबना (cid:1)क ब:क अथवा (cid:7)ाथिमक डीलर ने अपन े \ाहक, स ेभुगतान (cid:7)ा^ कर िलया ह ैया नह[, िनग+म क(cid:25) तारीख को भुगतान (cid:7)ा^ करके ब:क या (cid:7)ाथिमक डीलर को (cid:7)ितभूितया ंजारी क(cid:25) जाएंगी।4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] 4. ऐस े मामल े म,/ जहा ं बोली क(cid:25) रािश (cid:7)ारिYत रािश (अिधसिू चत रािश के 5 (cid:7)ितशत) स े अिधक ह ै यथानुपात आबंटन (cid:1)कया जाएगा। आिं शक आबंटन, के मामल े म,/ यह ब:क अथवा (cid:7)ाथिमक डीलर, का दािय0व होगा (cid:1)क वह अपन े \ाहक, को (cid:7)ितभूितय, का उिचत आबंटन एक पारदशD तरीके स ेकर/। 5. ऐस ेमामल ेम /जहां बोली रािश (cid:7)ारिYत रािश स ेकम हो, कमी को (cid:7)ित(cid:22)पधD भाग म /शािमल (cid:1)कया जाएगा। 6. (cid:7)ितभिू त को भारतीय -रजव+ ब:क <ारा केवल एसजीएल ]प म / जारी (cid:1)कया जाएगा। भारतीय -रजव+ ब:क इस े या तो ब:क अथवा (cid:7)ाथिमक डीलर के मु>य एसजीएल खात े अथवा सीएसजीएल खाते म / जमा करेगा,जैसा(cid:1)क उनके <ारा िनदशN (cid:1)दया गया ह।ै मु>य एसजीएल खात े म / जमा करने क(cid:25) सुिवधा एकमाF उन िनवेशक, क(cid:25) सेवा के (cid:7)योजनाथ + ह ैजो उनके घटक नह[ ह।: अतः ब:क अथवा (cid:7)ाथिमक डीलर, को अ(cid:7)ित(cid:22)पधD बोिलय, क(cid:25) िनिवदा दते े समय उनके एसजीएल खात े और सीएसजीएल खाते म / जमा होन े वाली रािशय, (अ(cid:30)ं कत मू,य) को (cid:22)प5 ट ]प स े दशा+ना होगा। बाद म / िनवेशक के अनरु ोध पर म>ु य एसजीएल खात ेस ेवा(cid:22)तिवक ]प म /क(cid:25) गई सुपुदग+ ी (cid:22)वीकाय +ह।ै 7. यह ब:क अथवा (cid:7)ाथिमक डीलर का दािय0व ह ै (cid:1)क वह \ाहक को (cid:7)ितभिू तया ं ह(cid:22)तांत-रत करे। असाधारण प-रि(cid:22)थितय, को छोड़कर, \ाहक, को (cid:7)ितभिू तय, का अंतरण िनगम+ क(cid:25) ितिथ स े पांच काय + (cid:1)दवस, के भीतर पूरा (cid:1)कया जाएगा। 8. ब:क अथवा (cid:7)ाथिमक डीलर अपन े \ाहक, को यह सेवा दने े के िलए छह पैस े(cid:7)ित सौ (पए तक दलाली/कमीशन/सेवा (cid:7)भार के ]प म /वसूल कर सकते ह।: ऐसी क(cid:25)मत िब(cid:28)(cid:25) मू(cid:3)य म / शािमल क(cid:25) जा सकती है या \ाहक, स ेअलग से वसलू क(cid:25) जा सकती है। ऐस े मामल े म / जहा ं (cid:7)ितभिू तय, का अंतरण (cid:7)ितभिू त क(cid:25) िनगम+ ितिथ के बाद (cid:7)भावी होता हो, ब:क या (cid:7)ाथिमक डीलर को \ाहक <ारा दये (cid:7)ितफल रािश म /िनगम+ ितिथ स ेउपिचत @याज शािमल होगा। 9. (cid:7)ितभिू तय, क(cid:25) लागत, उपिचत @याज जहा ं भी लागू हो, तथा दलाली/कमीशन/सेवा (cid:7)भार, के िलए \ाहक, स े भुगतान (cid:7)ा^ करन े क(cid:25) काय-+ (cid:7)णाली,ब:क या (cid:7)ाथिमक डीलर <ारा \ाहक के साथ क(cid:25) गई सहमित के अनुसार तैयार क(cid:25) जाएगी। यह उ(cid:3)लेखनीय है (cid:1)क (cid:1)कसी अ=य लागत, जैस े िनिधकरण लागत को मू(cid:3)य म / शािमल नह[ (cid:1)कया जाना चािहए या \ाहक, से वसूल नह[ (cid:1)कया जाना चािहए। VVVV.... ब:क, और (cid:7)ाथिमक डीलर, को भारतीय -रजव+ ब:क (ब:क) <ारा समय-समय पर मांगी गई योजना के तहत संचालन, से संबंिधत सूचना िनधा+-रत समय सीमा के अंतग+त ब:क को (cid:7)(cid:22)तुत करनी होगी। VVVVIIII.... ऊपर उि(cid:3)लिखत (cid:1)दशािनदशN ब:क <ारा समीYा के अधीन ह ैऔर तRनसु ार, जब भी आव‘यकता होगी, योजना को संशोिधत (cid:1)कया जाएगा। MINISTRY OF FINANCE (Department of Economic Affairs) (BUDGET DIVISION) NOTIFICATION New Delhi, the, 9th April, 2018 Auction for Sale (Issue/Re-issue) of Government Stock (GS) F.No.4(6)W&M/2018.—Government of India hereby notifies sale (issue/re-issue) of the following Government Stocks: Name of the Date of Original Original Tenure Date of Auction Auction Notified Amount Security Issue Maturity Basis Method (yy-mm-dd) (in ````Crore) New GS 2023 April 16, 2018 05-00-00 April 16, 2023 Yield Multiple 3,000 6.68% GS 2031 Sep. 04, 2017 14-00-13 Sep. 17, 2031 Price Multiple 4,000 7.73% GS 2034 Oct. 12, 2015 19-02-07 Dec.19, 2034 Price Multiple 2,000¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 5 7.06% GS 2046 Oct. 10, 2016 30-00-00 Oct.10, 2046 Price Multiple 3,000 Subject to the limit of `12,000 crore, being total notified amount, GoI will have the option to retain additional subscription up to ` 1,000 crore against any one or more of the above securities. The sale will be subject to the terms and conditions spelt out in this notification (called ‘Specific Notification’). The Stock will be sold through Reserve Bank of India, Mumbai Office, Fort, Mumbai- 400 001 as per the terms and conditions specified in the General Notification F.No.4(2)–W&M/ 2018, dated March 26, 2018 issued by Government of India. Allotment to Non-competitive Bidders 2. The Government Stock up to 5% of the notified amount of the sale will be allotted to eligible individuals and institutions as per the enclosed Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities (Annex). Place and date of auction 3. The auction will be conducted by Reserve Bank of India, Mumbai Office, Fort, Mumbai - 400 001 on April 13, 2018. Bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on April 13, 2018. The non-competitive bids should be submitted between 10.30 a.m. and 11.30 a.m. and the competitive bids should be submitted between 10.30 a.m. and 12.00 noon. When Issued Trading 4. The Stocks will be eligible for “When Issued” trading in accordance with the guidelines issued by the Reserve Bank of India. Date of issue and payment for the stock 5. The result of the auction shall be displayed by the Reserve Bank of India at its Fort, Mumbai Office on April 13, 2018. The payment by successful bidders will be on April 16, 2018 i.e. the date of issue/re-issue. The payment for the Stocks will include accrued interest on the nominal value of the Stock allotted in the auction from the date of original issue/last coupon payment date to the date upto which accrued interest is due as mentioned in the table in para 6. Payment of Interest and Re-payment of Stock 6. Interest will accrue on the nominal value of the Stock from the date of original issue/last coupon payment and will be paid half yearly. The Stocks will be repaid at par on date of maturity. Name of the Coupon rate Date of Last Date upto which Date of Coupon payments Security (%) Coupon payment (month/date) accrued interest is due New GS of 5 year New Stock # New Stock New Stock Oct. 16 and April 16 6.68% GS 2031 6.68 March 17, 2018 April 15, 2018 Sep. 17 and Mar. 17 7.73% GS 2034 7.73 December 19, 2017 April 15, 2018 Jun. 19 and Dec.19 7.06% GS 2046 7.06 April 10, 2018 April 15, 2018 Oct. 10 and April 10 # The coupon rate for the securities will be set at the cut off yield to maturity rate decided in the auction. The interest will be payable half yearly. By Order of the President of India, PRASHANT GOYAL, Jt.Secy.6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] Annex Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities I. Scope : With a view to encouraging wider participation and retail holding of Government securities, it is proposed to allow participation on “non-competitive” basis in select auctions of dated Government of India (GoI)securities. Accordingly, non-competitive bids up to 5 percent of the notified amount will be accepted in the auctions of dated securities. The reserved amount will be within the notified amount. II. Eligibility: Participation on a non-competitive basis in the auctions of dated GOI securities will be open to investors who satisfy the following: 1. do not maintain current account (CA) or Subsidiary General Ledger (SGL) account with the Reserve Bank of India. Exceptions: Regional Rural Banks (RRBs) and Cooperative Banks shall be covered under this Scheme in view of their statutory obligations. 2. make a single bid for an amount not more than ` two crore (face value) per auction 3. submit their bid indirectly through any one bank or PD offering this scheme. Exceptions: Regional Rural Banks (RRBs) and Cooperative Banks that maintain SGL account and current account with the Reserve Bank of India shall be eligible to submit their non competitive bids directly. III. Coverage: Subject to the conditions mentioned above, participation on “non-competitive” basis is open to any person including firms, companies, corporate bodies, institutions, provident funds, trusts, and any other entity as may be prescribed by RBI. The minimum amount for bidding will be `10,000 (face value) and thereafter in multiples in `10,000 as hitherto for dated stocks. IV. Other Operational Guidelines: 1. The retail investor desirous of participating in the auction under the Scheme would be required to maintain a constituent subsidiary general ledger (CSGL) account with the bank or PD through whom they wish to participate. Under the Scheme, an investor can make only a single bid in an auction of a dated security. An undertaking to the effect that the investor is making only a single bid will have to obtained and kept on record by the bank or PD. 2. Each bank or PD on the basis of firm orders received from their constituents will submit a single consolidated non-competitive bid on behalf of all its constituents for each security in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) System. Except in extraordinary circumstances such as general failure of the Reserve Bank of India Core Banking Solution (E-Kuber) System, non-competitive bid in physical form will not be accepted. 3. Allotment under the non-competitive segment to the bank or PD will be at the weighted average rate of yield/price that will emerge in the auction on the basis of the competitive bidding. The securities will be issued to the bank or PD against payment on the date of issue irrespective of whether the bank or PD has received payment from their clients or not. 4. In case the aggregate amount of bid is more than the reserved amount (5% of notified amount), pro rata allotment would be made. In case of partial allotments, it will be the responsibility of the bank or PD to appropriately allocate securities to their clients in a transparent manner. 5. In case the aggregate amount of bids is less than the reserved amount, the shortfall will be taken to competitive portion. 6. Security would be issued only in SGL form by RBI. RBI would credit either the main SGL account or the CSGL account of the bank or PD as indicated by them. The facility for affording credit to the main SGL account is for the sole purpose of servicing investors who are not their constituents. Therefore, the bank or PD would have to indicate clearly at the time of tendering the non-competitive bids the amounts (face value) to be credited to their SGL account and the CSGL account. Delivery in physical form from the main SGL account is permissible at the instance of the investor subsequently.¹Hkkx Iµ[k.M 1º Hkkjr dk jkti=k % vlk/kj.k 7 7. It will be the responsibility of the bank or the PD to pass on the securities to their clients. Except in extraordinary circumstances, the transfer of securities to the clients shall be completed within five working days from the date of issue. 8. The bank or PD can recover upto six paise per ` 100 as brokerage/commission/service charges for rendering this service to their clients. Such costs may be built into the sale price or recovered separately from the clients. In case the transfer of securities is effected subsequent to the issue date of the security, the consideration amount payable by the client to the bank or PD would also include accrued interest from the date of issue. 9. Modalities for obtaining payment from clients towards cost of the securities, accrued interest wherever applicable and brokerage/commission/service charges may be worked out by the bank or PD as per agreement with the client. It may be noted that no other costs such as funding costs should be built into the price or recovered from the client. V. Banks and PDs will be required to furnish information relating to operations under the Scheme to the Reserve Bank of India (Bank) as may be called for from time to time within the time frame prescribed by the Bank. VI. The aforesaid guidelines are subject to review by the Bank and accordingly, if and when considered necessary, the Scheme will be modified. ———— 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.

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