Home India Ministry of Finance Government of India hereby notifies sale re issue of the fol...
Date: 2019-12-09 Category: Extra Ordinary State: Union Government Country: India

Government of India hereby notifies sale re issue of the following Government Stocks

Issued by Ministry of Finance · Department of Economic Affairs

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

Executive Summary: This document from the Indian Ministry of Finance announces the sale/reissue of government stocks through an auction conducted by the Reserve Bank of India (RBI) on December 13, 2019. It details the terms and conditions of the sale, including specific information about the government stocks being offered, and outlines a scheme for non-competitive bidding to encourage wider participation. The payment by successful bidders will be on December 16, 2019. Key Points / Main Content: Government Stock Auction Details: * Auction date: December 13, 2019, conducted by RBI, Mumbai. * Bids must be submitted electronically via the RBI's e-Kuber system. * Non-competitive bids: 11:30 a.m. to 12:00 noon. * Competitive bids: 11:30 a.m. to 12:30 p.m. * Payment date: December 16, 2019. * Government of India can retain additional subscriptions up to 1,000 crore each against any one or more of the above securities. * The stocks are eligible for When Issued trading. Government Stocks for Sale/Reissue: * 6. 18 GS 2024 (Maturity: Nov 04, 2024): Notified Amount: 4,000 crore * 7. 57 GS 2033 (Maturity: Jun 17, 2033): Notified Amount: 6,000 crore * 7. 69 GS 2043 (Maturity: Jun 17, 2043): Notified Amount: 2,000 crore * 8. 72 GS 2049 (Maturity: Jun 15, 2049): Notified Amount: 4,000 crore Non-Competitive Bidding Scheme: * Up to 5% of the notified amount is reserved for non-competitive bidders. * Eligibility: Investors without current or SGL accounts with RBI (with exceptions for RRBs and Cooperative Banks), single bid limit of ₹2 crore face value. * Bids must be submitted through a bank or PD offering the scheme (RRBs and Cooperative Banks with SGL accounts can bid directly). * Minimum bid amount: ₹10,000 face value, in multiples of ₹10,000. * Allotment is at the weighted average yield/price from the competitive bidding. * Banks/PDs can charge up to six paise per ₹100 as brokerage/service charges. Interest and Repayment: * Interest accrues from the original issue/last coupon payment date and is paid semi-annually. * Stocks are repaid at par on the maturity date. Impact Analysis: RBI: * Impact: Responsible for conducting the auction and displaying the results. * Action Required: Conduct the auction on December 13, 2019, and display results at the Mumbai office on the same day. Banks and Primary Dealers (PDs): * Impact: Act as intermediaries for non-competitive bidders, submit consolidated bids, and manage CSGL accounts. * Action Required: Facilitate non-competitive bids from eligible investors, submit consolidated bids electronically, and transfer securities to clients within five working days of the issue date. Investors (Competitive and Non-Competitive): * Impact: Opportunity to invest in government stocks. Non-competitive bidders have a reserved portion. * Action Required: Submit bids through the e-Kuber system (competitive) or through a bank/PD (non-competitive) by the specified deadlines. Ensure payment by December 16, 2019, if the bid is successful. Government of India: * Impact: Raises funds through the sale/reissue of government stocks. * Action Required: Oversee the auction process and manage the funds raised.

Key Entities Referenced

Government of India: The issuer of the government stocks and the overall governing body for this notification. Reserve Bank of India: The central bank responsible for conducting the auction and managing government securities. Mumbai Office, Fort, Mumbai, Maharashtra: The specific branch of the Reserve Bank of India where the auction will be conducted and results displayed. 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. Budget Division: A division within the Department of Economic Affairs responsible for budget-related matters. Government Stock: General term for the securities being auctioned. Scheme for Noncompetitive Bidding Facility in the Auctions of Government Securities: A scheme that allows certain individuals and institutions to participate in government security auctions on a non-competitive basis.
Official Source Record View Original Source →
See Full Document Text
jftLVªh laö 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 la- 381] ubZ fnYyh] lkseokj] fnlEcj 9] 2019@vxzgk;.k 18] 1941 No. 381] NEW DELHI, MONDAY, DECEMBER 9, 2019/AGRAHAYANA 18, 1941 ििििवववव(cid:3)(cid:3)(cid:3)(cid:3) मममम(cid:6)(cid:6)ंं(cid:6)(cid:6)ंं ााााललललयययय ((((आआआआ(cid:2)(cid:2)(cid:2)(cid:2)थथथथकककक ककककाााायययय (cid:7)(cid:7)(cid:7)(cid:7)ििििववववभभभभाााागगगग)))) ((((बबबबजजजजटटटट (cid:8)(cid:8)(cid:8)(cid:8)भभभभाााागगगग)))) अअअअििििधधधधससससचचूूचचूू ननननाााा नई (cid:1)द(cid:3)ल ी, 9 (cid:1)दस(cid:8) बर, 2019 ससससररररककककााााररररीीीी (cid:7)(cid:7)(cid:7)(cid:7)टटटटॉॉॉॉकककक ((((जजजजीीीीएएएएसससस)))) कककक(cid:10)(cid:10)(cid:10)(cid:10) ििििबबबब(cid:13)(cid:13)(cid:13)(cid:13)(cid:10)(cid:10)(cid:10)(cid:10) ((((पपपपननुुननुु (cid:17)(cid:17)(cid:17)(cid:17)ननननगगगगमम(cid:19)(cid:19)मम(cid:19)(cid:19) )))) ककककेेेे ििििललललएएएए ननननीीीीललललााााममममीीीी एएएएफफफफ.... सससस..ंं..ंं 4444((((6666))))----डडडड(cid:11)(cid:11)(cid:11)(cid:11) (cid:13)(cid:13) (cid:13)(cid:13)यय यय एएूूएएूू डडंंडडंं एएएएमममम////2222000011119999....————भारत सरकार एतद्(cid:10)ारा नीच े (cid:1)दए गए अनसु ार सरकारी (cid:17)टॉक क(cid:21) िब(cid:23)(cid:21) ((cid:24)नग(cid:26)म/पुन(cid:24)नगम(cid:26) ) अिधसिू चत करती ह ै: (cid:1)ितभूित का नाम मूल िनग(cid:13)म क(cid:14) मूल अविध प(cid:20)रप(cid:22)ता क(cid:14) नीलामी नीलामी अिधसूिचत तारीख (वष(cid:13)-माह-(cid:17)दन) तारीख का क(cid:14) रािश आधार िविध (करोड़ ` म(cid:23)) 6.18% सरकारी (cid:1)ितभूित 2024 04 नव(cid:24)ब र, 2019 05-00-00 04 नव(cid:24) बर, 2024 मू(cid:26)य िविवध 4,000 7.57% सरकारी (cid:1)ितभूित 2033 20 मई, 2019 14-00-27 17 जून, 2033 मू(cid:26)य िविवध 6,000 7.69% सरकारी (cid:1)ितभूित 2043 30 अ(cid:1)ैल, 2019 24-01-17 17 जून, 2043 मू(cid:26)य िविवध 2,000 7.72% सरकारी (cid:1)ितभूित 2049 15 अ(cid:1)ैल, 2019 30-02-00 15 जून, 2049 मू(cid:26)य िविवध 4,000 कुल अिधसूिचत रािश के अ#यधीन 16,000 करोड़ ’पए क(cid:21) सीमा तक भारत सरकार, उपय)ु(cid:26) त एक या अिधक *ितभिू तय, के प-रपे.य म/ *0य ेक म/ 1,000 करोड़ ’पए तक के अित-र1 अिभदान का िवक(cid:3)प बनाए रखेगी। यह िब(cid:23)(cid:21) इस अिधसूचना (िजस े 'िविश5ट अिधसूचना' कहा गया ह)ै म / उि(cid:3)लिखत शत6 के अधीन होगी। इस *ितभूित क(cid:21) िब(cid:23)(cid:21) भारतीय -रजव(cid:26) ब:क, 6343 GI/2019 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] मुंबई कायाल(cid:26) य, फोट(cid:26), मुंबई-400001 के मा#यम स े भारत सरकार (cid:10)ारा जारी सामा<य अिधसूचना एफ. स>ं या 4(2)-ड@(cid:3)यू एAड एम/2018, तारीख 27 माच,(cid:26) 2018 म /िनBदC शत6 के अधीन क(cid:21) जाएगी। अअअअ(cid:16)(cid:16)(cid:16)(cid:16)िििितततत(cid:18)(cid:18)(cid:18)(cid:18)पपपपधधधध(cid:21)(cid:21)(cid:21)(cid:21) बबबबोोोोललललीीीीददददाााातततताााा(cid:26)(cid:26)(cid:26)(cid:26) ककककोोोो आआआआबबबबटटंंटटंं नननन 2. सरकारी *ितभूितय, क(cid:21) नीलािमय, म /अ*ित(cid:17)पधD बोली दने े क(cid:21) सुिवधा क(cid:21) संलE (cid:17)क(cid:21)म (अनुबंध) के अनसु ार, िब(cid:23)(cid:21) क(cid:21) अिधसिू चत रािश का 5 *ितशत तक सरकारी (cid:17)टॉक पाF G यि1य, और सं(cid:17)थाI को आबं-टत (cid:1)कया जाएगा । ननननीीीीललललााााममममीीीी ककककाााा (cid:18)(cid:18)(cid:18)(cid:18)थथथथाााानननन एएएएवववव ंं ंंततततााााररररीीीीखखखख 3. यह नीलामी भारतीय -रजव(cid:26) ब:क, मुंबई कायाल(cid:26) य, फोट(cid:26), मुंबई-400001 (cid:10)ारा 11113333 (cid:29)(cid:29)(cid:29)(cid:29)ददददसससस(cid:31)(cid:31)(cid:31)(cid:31)बबबबरररर,,,, 2222000011119999 को संचािलत क(cid:21) जाएगी। नीलामी हते ु बोिलया ं भारतीय -रजव(cid:26) ब:क कोर ब:Kकग सो(cid:3)यूशन (ई-कुबेर) *णाली संबंधी इले)Mॉिनक *पF म / 11113333 (cid:29)(cid:29)(cid:29)(cid:29)ददददसससस(cid:31)(cid:31)(cid:31)(cid:31)बबबबरररर,,,, 2222000011119999 को *(cid:17)तुत क(cid:21) जानी चािहए। अ*ित(cid:17)पधD बोिलया ं पूवा(cid:26)Nन 11.30 बजे से दोपहर 12.00 बजे के बीच और *ित(cid:17)पधD बोिलया ंपूवा(cid:26)Nन 11.30 बजे स ेम#याNन 12.30 बजे के बीच *(cid:17)तुत क(cid:21) जानी चािहए। ककककबबबब ििििननननगगगगिि""िि"" ममममतततत ककककााााररररोोोोबबबबाााारररर 4. यह (cid:17)टॉक, भारतीय -रजव(cid:26) ब:क (cid:10)ारा जारी (cid:1)दशािनदशO , के अनसु ार, 'कब िनगि(cid:26) मत’ कारोबार के िलए पाF होगा। ििििननननगगगगमममम"""" कककक$$$$ ततततााााररररीीीीखखखख औऔऔऔरररर (cid:18)(cid:18)(cid:18)(cid:18)टटटटॉॉॉॉकककक ककककेेेे ििििललललएएएए भभभभगगुुगगुु तततताााानननन 5. नीलामी का प-रणाम भारतीय -रजव(cid:26) ब:क (cid:10)ारा अपन े फोट(cid:26) ि(cid:17)थत मुंबई काया(cid:26)लय म / 11113333 (cid:29)(cid:29)(cid:29)(cid:29)ददददसससस(cid:31)(cid:31)(cid:31)(cid:31)बबबबरररर,,,, 2222000011119999,,,, को *द(cid:24)शत (cid:1)कया जाएगा। सफल बोलीदाताI (cid:10)ारा भुगतान 11116666 (cid:29)(cid:29)(cid:29)(cid:29)ददददसससस(cid:31)(cid:31)(cid:31)(cid:31)बबबबरररर,,,, 2222000011119999 अथा(cid:26)त ् पपपपननुुननुु ((((ननननगगगगमममम"""" क(cid:21) तारीख को (cid:1)कया जाएगा। (cid:17)टॉक के िलए भुगतान म / नीलामी म / आब-ं टत (cid:17)टॉक के अ(cid:1)ं कत मू(cid:3)य पर, मलू िनगम(cid:26) /अंितम कूपन भुगतान क(cid:21) तारीख स े *ोRभतू @याज देय होन ेक(cid:21) तारीख तक *ोRभूत @याज शािमल होगा जैसा (cid:1)क परै ा 6 म/ तािलका म/ उि(cid:3)लिखत ह।ै (cid:11)(cid:11)(cid:11)(cid:11)ययययााााजजजज ककककाााा भभभभगगुुगगुु तततताााानननन औऔऔऔरररर (cid:18)(cid:18)(cid:18)(cid:18)टटटटॉॉॉॉकककक ककककाााा पपपपननननुुुु भभभभगगु"ु"गगु"ु" तततताााानननन 6. मलू (cid:24)नगम(cid:26) /अिं तम कूपन भुगतान क(cid:21) तारीख से (cid:17)टॉक के अं(cid:1)कत मू(cid:3)य पर @याज *ोRभूत होगा तथा इसका भुगतान अUव(cid:26) ा(cid:24)षक आधार पर (cid:1)कया जाएगा। (cid:17)टॉक का पनु भु(cid:26)गतान प-रपWता क(cid:21) तारीख पर सममू(cid:3)य पर (cid:1)कया जाएगा। (cid:21)(cid:21)(cid:21)(cid:21)ििििततततभभभभििूूििूूतततत ककककाााा ननननाााामममम ककककूूूूपपपपनननन ददददरररर अअ अअ ििंंििंं तततत मममम ककककूूूूपपपपनननन भभभभगगुुगगुु तततताााानननन (cid:26)(cid:26)(cid:26)(cid:26)ककककसससस ततततााााररररीीीीखखखख ततततकककक ककककूूूूपपपपनननन भभभभगगुुगगुु तततताााानननन कककक(cid:10)(cid:10)(cid:10)(cid:10) ततततााााररररीीीीखखखख ((((%%%%)))) (cid:21)(cid:21)(cid:21)(cid:21)ोोोो(cid:28)(cid:28)(cid:28)(cid:28)भभभभततूूततूू (cid:29)(cid:29)(cid:29)(cid:29)ययययााााजजजज ददददययेेययेे हहहह ैैैै कककक(cid:10)(cid:10)(cid:10)(cid:10) ततततााााररररीीीीखखखख ((((ममममााााहहहह////ततततााााररररीीीीखखखख)))) 6.18% सरकारी (cid:1)ितभूित 2024 6.18 नया (cid:30) टॉक 15 (cid:17)दस(cid:24)बर, 2019 04 मई और 04 नव(cid:24) बर 7.57% सरकारी (cid:1)ितभूित 2033 7.57 17 जून, 2019 15 (cid:17)दस(cid:24)बर, 2019 17 (cid:17)दस(cid:24)बर और 17 जून 7.69% सरकारी (cid:1)ितभूित 2043 7.69 17 जून, 2019 15 (cid:17)दस(cid:24)बर, 2019 17 (cid:17)दस(cid:24)बर और 17 जून 7.72% सरकारी (cid:1)ितभूित 2049 7.72 15 (cid:17)दस(cid:24)बर, 2019 15 (cid:17)दस(cid:24)बर, 2019 15 जून और 15 (cid:17)दस(cid:24)बर भारत के राXपित के आदशे स,े रजत कुमार िमY, संयु1 सिचव अअअअननननबबुुबबुु धधंंधधंं ससससररररककककााााररररीीीी (cid:16)(cid:16)(cid:16)(cid:16)ििििततततभभभभििििूूूू ततततयययय,,,, कककक$$$$ ननननीीीीललललााााममममीीीी मममम ----अअअअ(cid:16)(cid:16)(cid:16)(cid:16)िििितततत(cid:18)(cid:18)(cid:18)(cid:18)पपपपधधधध(cid:21)(cid:21)(cid:21)(cid:21) बबबबोोोोललललीीीी ससससििुुििुुववववधधधधाााा (cid:18)(cid:18)(cid:18)(cid:18)कककक$$$$मममम IIII.... ककककाााायययय.."".."" (cid:6)(cid:6)ेे(cid:6)(cid:6)ेे :::: सरकारी *ितभूितय, क(cid:21) Zापक भागीदारी और खुदरा धा-रता को *ो0साहन दने े क(cid:21) दिृ C स े भारत सरकार क(cid:21) (cid:1)दना(cid:1)ं कत *ितभिू तय, क(cid:21) चयिनत नीलािमय, म / "अ*ित(cid:17)पधD" आधार पर भागीदारी क(cid:21) अनुमित दने े का *(cid:17)ताव (cid:1)कया गया ह।ै तRनसु ार, (cid:1)दना(cid:1)ं कत *ितभिू तय, क(cid:21) नीलािमय, म / अिधसिू चत रािश के 5 *ितशत तक क(cid:21) अ*ित(cid:17)पधD बोिलया ं (cid:17)वीकार क(cid:21) जाएंगी। *ारि\त रािश अिधसिू चत रािश के अअअअ0000ततततगगगगतत""तत"" होगी।¹Hkkx Iµ[k.M 1] Hkkjr dk jkti=k % vlk/kj.k 3 IIIIIIII.... पपपपाााा(cid:6)(cid:6)(cid:6)(cid:6)तततताााा :::: भारत सरकार क(cid:21) (cid:1)दना(cid:1)ं कत *ितभिू तय, क(cid:21) नीलािमय, म / अ*ित(cid:17)पधD आधार पर ऐस े िनवेशक, के िलए भागीदारी खुली होगी जो िन]िलिखत शत6 को पूरा करत ेह:: 1. जो भारतीय -रजव(cid:26) ब:क के पास चाल ूखाता (सीए) अथवा सहायक सामा<य बही (एसजीएल) खाता नह^ रखत ेह;: अअअअपपपपववववाााादददद:::: \ेFीय _ामीण ब:क, (आरआरबी) और सहकारी ब:क, को उनके सािं विधक दािय0व, के दिृCगत इस (cid:17)क(cid:21)म के अधीन शािमल (cid:1)कया जाएगा। 2. जो *ि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:17)क(cid:21)म *दान करन ेवाल े (cid:1)कसी एक ब:क अथवा *ाथिमक डीलर के मा#यम स ेअपनी बोली अ(cid:2)(cid:3)य(cid:5) (cid:6)प स े *(cid:17)तुत करत ेह।: अअअअपपपपववववाााादददद:::: ऐसे \ेFीय _ामीण ब:क (आरआरबी) तथा सहकारी ब:क जो भारतीय -रजव(cid:26) ब:क म / एस.जी.एल. खाता और चाल ूखाता रखत ेह,: अपनी अ*ित(cid:17)पधD बोिलय, को *0य\ ‘प से *(cid:17)तुत करन ेके िलए पाF ह,गे। IIIIIIIIIIII.... 1111ाााापपपपककककतततताााा:::: उपयु(cid:26)1 शत6 के अधीन "अ*ित(cid:17)पधD" आधार पर फम6, कंपिनय,, िनगिमत िनकाय,, सं(cid:17)थाI, भिव5य िनिधय,, <यास, और भारतीय -रजव(cid:26) ब:क (cid:10)ारा यथा-िनधा(cid:26)-रत (cid:1)कसी अ<य कंपनी सिहत (cid:1)कसी भी Zि1 के िलए भागीदारी खुली ह।ै बोली दने े क(cid:21) <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:17)टॉक के िलए ह।ै IIIIVVVV.... अअअअ0000यययय (cid:16)(cid:16)(cid:16)(cid:16)चचचचााााललललननननाााा3333ममममकककक (cid:29)(cid:29)(cid:29)(cid:29)ददददशशशशााााििििननननददददशश55शश55 :::: 1111.... खुदरा िनवेशक के िलए उस ब:क अथवा *ाथिमक डीलर, िजनके मा#यम से वे भाग लेना चाहत े ह,: के पास एक संघटक सहायक सामा<य बही (सीएसजीएल) खाता रखना अिनवाय (cid:26) होगा। कोई भी िनवेशक इस (cid:17)क(cid:21)म के अधीन (cid:1)दना(cid:1)ं कत *ितभिू त क(cid:21) (cid:1)कसी नीलामी म/ केवल एक बोली म / भाग ल े सकता ह।ै इस आशय का वचन (cid:1)क िनवेशक केवल एक बोली द ेरहा ह,ै ब:क अथवा *ाथिमक डीलर (cid:10)ारा *ाa (cid:1)कया जाना और -रकाड (cid:26)म /रखा जाना होगा। 2. अपन े _ाहक, स े *ाa पbे आडर(cid:26) के आधार पर *0यके ब:क अथवा *ाथिमक डीलर भारतीय -रजव(cid:26) ब:क कोर ब:Kकग सो(cid:3)यूशन (ई-कुबेर) *णाली सबं ंधी इले)Mॉिनक *पF म / अपने _ाहक, क(cid:21) ओर स े एक एकल समे(cid:1)कत अ*ित(cid:17)पधD बोली *(cid:17)तुत करेगा। असाधारण प-रि(cid:17)थितय,, जैसे भारतीय -रजव(cid:26) ब:क कोर ब:Kकग सो(cid:3)यूशन (ई-कुबेर) *णाली म / सामा<य गड़बड़ी को छोड़कर, भौितक ‘प म/ अ*ित(cid:17)पधD बोली (cid:17)वीकार नह^ क(cid:21) जाएगी। 3. ब:क अथवा *ाथिमक डीलर को अ*ित(cid:17)पधD खंड के अधीन आबंटन *ितलाभ/क(cid:21)मत क(cid:21) उस भारांिशत औसत दर पर होगा, जो *ित(cid:17)पधD बोली दने े के आधार पर नीलामी म /सामन ेआएगी। इस बात पर #यान (cid:1)दए िबना (cid:1)क ब:क अथवा *ाथिमक डीलर ने अपन े _ाहक, स े भुगतान *ाa कर िलया ह ै या नह^, िनगम(cid:26) क(cid:21) तारीख को भुगतान *ाa करके ब:क या *ाथिमक डीलर को *ितभिू तया ंजारी क(cid:21) जाएंगी। 4. ऐस े मामल े म,/ जहा ं बोली क(cid:21) रािश *ारि\त रािश (अिधसिू चत रािश के 5 *ितशत) स े अिधक ह ै यथानपु ात आबंटन (cid:1)कया जाएगा। आिं शक आबंटन, के मामल े म,/ यह ब:क अथवा *ाथिमक डीलर, का दािय0व होगा (cid:1)क वह अपन े_ाहक, को *ितभूितय, का उिचत आबंटन एक पारदशD तरीके स ेकर/। 5. ऐस ेमामल ेम /जहां बोली रािश *ारि\त रािश स ेकम हो, कमी को *ित(cid:17)पधD भाग म/ शािमल (cid:1)कया जाएगा। 6. *ितभिू त को भारतीय -रजव(cid:26) ब:क (cid:10)ारा केवल एसजीएल ‘प म / जारी (cid:1)कया जाएगा। भारतीय -रजव(cid:26) ब:क इस े या तो ब:क अथवा *ाथिमक डीलर के मु>य एसजीएल खात े अथवा सीएसजीएल खात े म / जमा करेगा,जैसा(cid:1)क उनके (cid:10)ारा िनदOश (cid:1)दया गया ह।ै म>ु य एसजीएल खात े म / जमा करन े क(cid:21) सिु वधा एकमाF उन िनवशे क, क(cid:21) सेवा के *योजनाथ (cid:26) ह ै जो उनके घटक नह^ ह।: अतः ब:क अथवा *ाथिमक डीलर, को अ*ित(cid:17)पधD बोिलय, क(cid:21) िनिवदा दते े समय उनके एसजीएल खात े और सीएसजीएल खात े म / जमा होने वाली रािशय, (अं(cid:9)कत मू(cid:14)य) को (cid:17)प5 ट ‘प से दशान(cid:26) ा होगा। बाद म / िनवेशक के अनरु ोध पर म>ु य एसजीएल खाते स े वा(cid:17)तिवक ‘प म / क(cid:21) गई सुपुद(cid:26)गी (cid:17)वीकाय (cid:26) ह।ै 7. यह ब:क अथवा *ाथिमक डीलर का दािय0व ह ै (cid:1)क वह _ाहक को *ितभूितया ं ह(cid:17)तांत-रत करे। असाधारण प-रि(cid:17)थितय, को छोड़कर, _ाहक, को *ितभूितय, का अंतरण िनगम(cid:26) क(cid:21) ितिथ से पांच काय (cid:26) (cid:1)दवस, के भीतर पूरा (cid:1)कया जाएगा।4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] 8. ब:क अथवा *ाथिमक डीलर अपन े _ाहक, को यह सेवा दने े के िलए छह पैस े *ित सौ ’पए तक दलाली/कमीशन/ सेवा *भार के ‘प म / वसूल कर सकत े ह।: ऐसी क(cid:21)मत िब(cid:23)(cid:21) म(cid:3)ू य म / शािमल क(cid:21) जा सकती है या _ाहक, से अलग स े वसूल क(cid:21) जा सकती ह।ै ऐस े मामल े म / जहा ं *ितभिू तय, का अंतरण *ितभिू त क(cid:21) िनगम(cid:26) ितिथ के बाद *भावी होता हो, ब:क या *ाथिमक डीलर को _ाहक (cid:10)ारा दये *ितफल रािश म / िनगम(cid:26) ितिथ से उपिचत @याज शािमल होगा। 9. *ितभिू तय, क(cid:21) लागत, उपिचत @याज जहां भी लागू हो, तथा दलाली/कमीशन/सेवा *भार, के िलए _ाहक, स े भुगतान *ाa करन े क(cid:21) काय-(cid:26) *णाली, ब:क या *ाथिमक डीलर (cid:10)ारा _ाहक के साथ क(cid:21) गई सहमित के अनुसार तैयार क(cid:21) 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, स ेवसलू नह^ (cid:1)कया जाना चािहए। VVVV.... ब:क, और *ाथिमक डीलर, को भारतीय -रजव(cid:26) ब:क (ब:क) (cid:10)ारा समय-समय पर मांगी गई योजना के तहत संचालन, स े संबंिधत सूचना िनधा(cid:26)-रत समय सीमा के अंतग(cid:26)त ब:क को *(cid:17)तुत करनी होगी। VVVVIIII.... ऊपर उि(cid:3)लिखत (cid:1)दशािनदशO ब:क (cid:10)ारा समी\ा के अधीन ह ै और तRनुसार, जब भी आवcयकता होगी, योजना को संशोिधत (cid:1)कया जाएगा। MINISTRY OF FINANCE (Department of Economic Affairs) (BUDGET DIVISION) NOTIFICATION New Delhi, the 9th December, 2019 Auction for Sale (Re-issue) of Government Stock (GS) F. No. 4(6)-W&M/2019.—Government of India hereby notifies sale (re-issue) of the following Government Stocks: Name of the Date of Original Original Tenure Date of Auction Auction Notified Amount Security Issue (yy-mm-dd) Maturity Basis Method (in ` Crore) 6.18% GS 2024 Nov. 04, 2019 05-00-00 Nov. 04, 2024 Price Multiple 4,000 7.57% GS 2033 May 20, 2019 14-00-27 Jun. 17, 2033 Price Multiple 6,000 7.69% GS 2043 Apr. 30, 2019 24-01-17 Jun. 17, 2043 Price Multiple 2,000 7.72% GS 2049 Apr. 15, 2019 30-02-00 Jun. 15, 2049 Price Multiple 4,000 Subject to the limit of `16,000 crore, being total notified amount, Government of India will have the option to retain additional subscription up to `1,000 crore each 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 27, 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 December 13, 2019. Bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on December 13, 2019. The non-competitive bids should be submitted between 11.30 a.m. and 12.00 noon and the competitive bids should be submitted between 11.30 a.m. and 12.30 p.m.¹Hkkx Iµ[k.M 1] Hkkjr dk jkti=k % vlk/kj.k 5 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 December 13, 2019. The payment by successful bidders will be on December 16, 2019 i.e. the date of 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 up to 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 accrued interest is due (month/date) 6.18% GS 2024 6.18 New Stock December 15, 2019 May 04 and Nov. 04 7.57% GS 2033 7.57 Jun.17, 2019 December 15, 2019 Dec. 17 and Jun. 17 7.69% GS 2043 7.69 Jun.17, 2019 December 15, 2019 Dec. 17 and Jun. 17 7.72% GS 2049 7.72 Dec.15, 2019 December 15, 2019 Jun. 15 and Dec. 15 By Order of the President of India, RAJAT KUMAR MISHRA, Jt. Secy. 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 per cent 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 general6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] 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. 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.

Continue your research