REPAYMENT
OF CENTRAL GOVERNMENT LOANS
The outstanding balance
of 11.55 per cent Government Stock, 2002 is repayable at par on
the 15th November, 2002 and no interest will accrue
thereon from the said date. In the event of a holiday being
declared on 15th November, 2002 by any State Government
under the Negotiable Instruments Act, 1881, the Government Stock
will be repaid by the paying offices in that State on the previous
working day.
To facilitate
repayment of the Government Stock 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.
Full
details of the procedure for receiving the discharge value may
be obtained from any of the aforesaid paying offices.
