Issue of (i) 7.74 per cent (Non-transferable) Special Gol Security, 2028; (ii) 7.81 per cent (Non- transferable) Special Gol Security 2029; (iii) 7.88 per cent (Non-transferable) Special Gol Security 2030; (iv) 7.95 per cent (Nontransferable) Special Gol Security 2031; (v) 8.03 per cent (Non-transferable) Special Gol Security 2032; and (vi) 8.11 per cent (Non- transferable) Special GoI Security 2033. - F. No. 4(16)-W&M/2018 - Indian Law

MINISTRY OF FINANCE (Department of Economic Affairs) (BUDGET DIVISION) NOTIFICATION New Delhi the, 17th October, 2018 Issue of (i) 7.74 per cent (Non-transferable) Special Gol Security, 2028; (ii) 7.81 per cent (Non- transferable) Special Gol Security 2029; (iii) 7.88 per cent (Non-transferable) Special Gol Security 2030; (iv) 7.95 per cent (Nontransferable) Special Gol Security 2031; (v) 8.03 per cent (Non-transferable) Special Gol Security 2032; and (vi) 8.11 per cent (Non- transferable) Special GoI Security 2033. F. No. 4(16)-W M/2018.- Government of India hereby notifies the issue of (i) 7.74 per cent (Nontransferable) Special Gol Security, 2028; (ii) 7.81 per cent (Non- transferable) Special Gol Security 2029; (iii) 7.88 per cent (Non-transferable) Special Gol Security 2030; (iv) 7.95 per cent (Non-transferable) Special Gol Security 2031; (v) 8.03 per cent (Non-transferable) Special Gol Security 2032; and (vi) 8.11 per cent (Non- transferable) Special GoI Security 2033, (hereinafter briefly described as the Special Security ) on October 17, 2018. 1. Eligibility for Subscription and Limit of Subscription: (i) Syndicate Bank (Public Sector Bank) as referred to in the Annexure hereto shall only be eligible to subscribe to the special securities and its subscription to the securities shall be limited to the extent of the amount, as shown in the Annexure. (ii) No other person, including any bank, company, corporation or any other body except the Syndicate Bank (Public Sector Bank) as referred to in aforesaid Annexure shall be eligible to subscribe to the special securities. 2. Price and Date of Issue: (i) The special securities will be issued at par for the amount as per the application made by the eligible bank. (ii) The date of issue of the special securities will be the date of receipt of subscription from the eligible bank. 3. Form of Security: The special securities will be issued in the form of Stock to be held at credit of the investing bank's Subsidiary General Ledger Account maintained with Public Debt Office, Reserve Bank of India, Mumbai. 4. Interest and Repayment: The special securities shall be repayable at par on the date of maturity as indicated against each security. Interest on the special securities will be payable at half yearly intervals, reckoned from the date of issue of the security. Interest on the security will be payable at Public Debt Office of Reserve Bank of India at Mumbai. The following rate of interest will be payable on these securities: S. No. Security Rate of Interest Date of maturity 1. 7.74 (Non-transferrable) Special Gol Security 2028 7.74 per cent October 22, 2028 2. 7.81 (Non-transferrable) Special Gol Security 2029 7.81 per cent October 22, 2029 3. 7.88 (Non-transferrable) Special GoI Security 2030 7.88 per cent October 22, 2030 4. 7.95 (Non-transferrable) Special GoI Security 2031 7.95 per cent October 22, 2031 5. 8.03 (Non-transferrable) Special Gol Security 2032 8.03 per cent October 22, 2032 6. 8.11 (Non-transferrable) Special Gol Security 2033 8.11 per cent October 22, 2033 Interest will be paid after rounding off to the nearest whole rupee. For this purpose, amount of interest less than fifty paise will be ignored and amount of fifty paise and more will be rounded off to the next rupee. 5. Transferability and Conversion: The special security shall not be transferable and conversion in any other form of security shall not be permitted. 6. Statutory Provisions: With respect to any such matter which has not been provided under this Notification, the special security shall be governed by the Government Securities Act, 2006 and the Government Securities Rules, 2007 framed there under. 7. Applicability of Tax Laws: The value of the investment in the special security and the interest payable thereon will be governed by the provisions of tax laws as applicable from time to time. 8. Eligibility of Investment in Special Security: The investment in the special security by the investing bank would not be considered as an eligible investment which they are required to make in Government securities in pursuance of any statutory provisions or directions applicable to the investing bank. 9. HTM Status: As per RBI Circular DBR No BP.BC.6 /21.04.141/2015-16 July 1, 2015 on Prudential Norms for Classification, Valuation and Operation of Investment Portfolio by Banks, the special securities can be held under HTM portfolio without any limit. By Order of the President of India ARVIND SHRIVASTAVA, Jt. Secy. Annexure [Ref F. No. 4(16)-W M/2018 dated October 17, 2018] Allocation of Securities to Syndicate Bank (Public Sector Bank), (i) 7.74 per cent (Non-transferable) Special Gol Security, 2028; (ii) 7.81 per cent (Non- transferable) Special Gol Security 2029; (iii) 7.88 per cent (Non-transferable) Special Gol Security 2030; (iv) 7.95 per cent (Non-transferable) Special Gol Security 2031; (v) 8.03 per cent (Non-transferable) Special Gol Security 2032; and (vi) 8.11 per cent (Non-transferable) Special GoI Security 2033. S. No. Name of Eligible Bank Maturing in Year Amount Allocated (Rs. crore) 1. Syndicate Bank 2028 2029 2030 2031 2032 2033 728 Total 123 121 121 121 121 121 728