Repayment of 7.49% Government Stock 2017 (con)- Issue of Corrigendum to Press Communique (Corrigendum)

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.