8th April, 2003
Ministry of Finance & Company Affairs  


REPAYMENT OF CENTRAL GOVERNMENT LOANS


The outstanding balance of the following Central Government Loans are repayable at par on the respective dates mentioned there against. No interest will accrue thereon from the said date/s.

S.No.

Nomenclature of the loan

Due date for repayment.

1.

2.

5.75% Loan, 2003

11.00% Loan, 2003

May 12, 2003

May 23, 2003

In the event of a holiday being declared on the date/s of repayment by any State Government under the Negotiable Instruments Act, 1881, these loans will be repaid by the paying offices in that State on the previous working day.

To facilitate repayment of the loans on the due date, holders may tender the securities duly discharged at the Public Debt Offices, Treasuries/Sub-Treasuries and branches of State Bank of India and its Associate Banks (at which they are enfaced/ as also registered for payment of interest) 20 days in advance of the due date for repayment of the loans.

Full details of the procedure for receiving the discharge value may be obtained from any of the aforesaid paying offices.