The outstanding
balance of 11.40 percent Government of India Compensation (Project
Exports to Iraq) Bonds, 2003 is repayable at par on 1st
April 2003 and no interest will accrue thereon from the said
date. In the event of a holiday being declared on 1st
April 2003 by any State Government under the Negotiable Instruments
Act, 1881, the Government Stock will be repaid by the paying
offices in the State on the previous working day.
The outstanding
balance of 11.10 percent Government Stock, 2003 is repayable
at par on 7th April 2003 and no interest will
accrue thereon from the said date. In the event of a holiday
being declared on 7th April 2003 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 paying offices.
