MINISTRY OF FINANCE
(Department of Economic Affairs)
(BUDGET DIVISION)
NOTIFICATION
New Delhi, the 30th March, 2021
Issue of (i) Non-interest bearing (Non-transferable) Special Gol Security, 2031; (ii) Non-interest bearing (Non-transferable) Special Gol Security 2032; (iii) Non-interest bearing (Non-transferable) Special Gol Security 2033; (iv) Non-interest bearing (Nontransferable) Special Gol Security 2034; (v) Non-interest bearing (Non-transferable) Special Gol Security 2035; and (vi) Non-interest bearing (Non- transferable) Special GoI Security 2036.
F. No. 4(17)-B(W&M)/2020.
Government of India hereby notifies the issue of
(i) Noninterest bearing (Non-transferable) Special Gol Security, 2031;
(ii) Non-interest bearing (Nontransferable) Special Gol Security 2032;
(iii) Non-interest bearing (Non-transferable) Special Gol Security 2033;
(iv) Non-interest bearing (Non-transferable) Special Gol Security 2034;
(v) Non-interest bearing (Non-transferable) Special Gol Security 2035; and (vi) Non-interest bearing (Non- transferable) Special GoI Security 2036 (hereinafter briefly described as the “Special securities”) on March 31, 2021.
1. Eligibility for Subscription and Limit of Subscription
(i) Public sector banks as referred to in the Annexure hereto shall only be eligible to subscribe to the special securities and its subscription to the securities shall be limited to the extent of the amount, as shown in the Annexure.
(ii) No other person, including any bank, company, corporation or any other body except by public sector banks (as appearing in the Annexure) as referred to in aforesaid Annexure shall be eligible to subscribe to the special securities.
2. Price and Date of Issue
(i) The special securities will be issued at par for the amount as per the application made by the eligible banks.
(ii) The date of issue of the special securities will be the date of receipt of subscription amount from the eligible banks.
3. Form of Security
The special securities will be issued in the form of "Stock" to be held at credit of the investing public sector bank’s (as appearing in the Annexure) Subsidiary General Ledger Account maintained with Public Debt Office, Reserve Bank of India, Mumbai.
To view / download the complete official notification, find the enclosed file
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