REGD. NO. D. L -33004/99 The Gazette of India EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 3 1 NEW DELHI, WEDNESDAY, JANUARY 5, 2000/PAUSA 15, 1921 43 GI 2000 (1) 2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] MINISTRY OF FINANCE (Department of Economic Affairs) (BUDGET DIVISION) NOTIFICATION New Delhi, the 5th January, 2000 Auction for Sale (Re-issue) of 11.83 per cent Government Stock 2014 No.4(8)-W&M/99— Government of India hereby notifies sale (reissue) of 11.83 percent Government Stock, 2014 for an aggregate amount of Rs. 5,000 crore (nominal). The sale will be subject to the terms and conditions spelt out in this notification (called 'Specific Notification') as also the terms and conditions specified in the General Notification No. 4(2)-W&M/97 dated 1st April, 1997 issued by Government of India as amended by Notification No. 4(7)-W&M/99 dated 5th April, 1999. Method of Issue 2. Government Stock will be sold through the Reserve Bank of India, Fort, Mumbai - 400 001 by a price-based auction- Place and Date of Auction 3. The auction will be conducted by the Reserve Bank of India, Fort, Mumbai - 400 001 on January 8, 2000. The application form duly filled in with the bids should be submitted to the aforesaid office on January 8, 2000, before the close of banking hours. Tenure 4. The Stock will be of fifteen year tenure. The tenure of Government Stock will commence from November 12, 1999. The stock will be repaid at par on November 12,2014. 3 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 January 8, 2000. The payment by successful bidders will be on January 10, 2000, i.e. the date of issue. The payment for the stock will include accrued interest on the nominal value of the stock applied for from the date of commencement of the tenure, i.e., from November 12,1999. Interest 6. Interest at the rate of 11.83 per cent per annum will accrue on the nominal value of the stock from the date of commencement of the tenure and will be paid half- yearly on May, 12 and November, 12. By Order of the President of India J. S. MATHUR, Addl. Secy. Printed by the Manager, Govt. of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054