In the Press Communique of the Government of India in the Ministry of Finance (Department of Economic Affairs), dated the 22^nd March, 2017, namely – 

“The outstanding balance of 7.49% Government Stock 2017(con) is repayable at par on April 13, 2017 (April 14, 15 & 16, 2017 being bank holiday, Saturday & Sunday, respectively).  No interest will accrue there on from April 16, 2017. In the event of a holiday being declared on April 13, 2017, by any State Government under the Negotiable Instruments Act, 1881, the Loan/s will be repaid by the paying offices in that State on the previous working day.”

Shall be read as :

“The outstanding balance of 7.49% Government Stock 2017(con) is repayable at par on April 15, 2017 (April 16, 2017 being a Sunday).  No interest will accrue there on from April 16, 2017. In the event of a holiday being declared on April 15, 2017, by any State Government under the Negotiable Instruments Act, 1881, the Loan/s will be repaid by the paying offices in that State on the previous working day.”

The other terms & Conditions of the Press Communiqué dated March 22, 2017 shall remain same.

Repayment date amendment for government stock shifts redemption and triggers adjusted interest cessation and holiday payment rule. Amendment to the repayment timetable for 7.49% Government Stock 2017 (con) revises the scheduled redemption date; interest will cease to accrue from the day after that revised repayment date, and if a State Government declares a holiday under the Negotiable Instruments Act on the revised repayment date, paying offices in that State will repay on the previous working day.