The outstanding balance of ‘6.65% FERT CO GOISPL BOND 2023’ is repayable at par on January 27, 2023 (28^th and 29^th January, 2023 being holidays on account of Saturday and Sunday). No interest will accrue thereon from the said date. In the event of a holiday being declared on repayment day 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.

As per sub-regulations 24(2) and 24(3) of Government Securities Regulations, 2007 payment of maturity, proceeds to the registered holder of Government Security held in the form of Subsidiary General Ledger or Constituent Subsidiary General Ledger account or Stock Certificate, shall be made by a pay order incorporating the relevant particulars of his bank account or by credit to the account of the holder in any bank having facility of receipt of funds through electronic means. For the purpose of making payment in respect of the securities, the original subscriber or the subsequent holders of such Government Securities, shall submit the relevant particulars of their bank account well in advance.

However, in the absence of relevant particulars of bank account/mandate for receipt of funds through electronic means, to facilitate repayment of the Loan 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 (at which they are enfaced / 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.

Repayment of government bonds: maturity proceeds paid at par via bank credit or pay order; alternative tender available. Outstanding principal of the specified government bond is repayable at par on the maturity date and interest ceases from that date. Payment shall be made to the registered holder by pay order incorporating bank account particulars or by credit to a bank account through electronic means per Government Securities Regulations, 2007. In absence of bank mandate, holders may tender duly discharged securities at Public Debt Offices, Treasuries/Sub Treasuries or designated bank branches twenty days before the due date to facilitate repayment.