{"id":264850,"date":"2022-04-01T10:30:31","date_gmt":"2022-04-01T05:00:31","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=264850"},"modified":"2022-04-01T10:28:23","modified_gmt":"2022-04-01T04:58:23","slug":"premature-redemption-of-a-part-of-outstanding-stock-of-non-interest-bearing-government-of-india-idbi-special-security-2024","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2022\/04\/01\/premature-redemption-of-a-part-of-outstanding-stock-of-non-interest-bearing-government-of-india-idbi-special-security-2024\/","title":{"rendered":"Premature redemption of a part of outstanding stock of Non-interest bearing Government of India IDBI Special Security, 2024"},"content":{"rendered":"<p style=\"text-align: justify;\"><span id=\"page1R_mcid47\" class=\"markedContent\">The <span dir=\"ltr\" role=\"presentation\">Government notifies further premature redemption <\/span><span dir=\"ltr\" role=\"presentation\">on Non-interest bearing Government of India IDBI Special Security, 2024 <\/span><span dir=\"ltr\" role=\"presentation\">by exercising &#8220;call option&#8221;\u00a0<\/span><span dir=\"ltr\" role=\"presentation\"> for an aggregate amount of Rupees One hundred <\/span><span dir=\"ltr\" role=\"presentation\">eighteen crore. <\/span><\/span><span id=\"page1R_mcid48\" class=\"markedContent\"><\/span><span id=\"page1R_mcid49\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">The date of premature redemption of the Special Security by the Government of India shall be <\/span><span dir=\"ltr\" role=\"presentation\">March 31, 2022.<\/span><\/span><span id=\"page1R_mcid50\" class=\"markedContent\"><br role=\"presentation\" \/><\/span><span id=\"page1R_mcid51\" class=\"markedContent\"><br role=\"presentation\" \/><span dir=\"ltr\" role=\"presentation\">The outstanding stock of the Special Security shall be Rupees two thousand six hundred thirty three crore <\/span><span dir=\"ltr\" role=\"presentation\">and seventy three lakhs only (` 2,633.73 crore) [nominal] after the exercise of call option.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Government notifies further premature redemption on Non-interest bearing Government of India IDBI Special Security, 2024 by exercising &#8220;call option&#8221;\u00a0 for an <\/p>\n","protected":false},"author":8808,"featured_media":264809,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-264850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Premature redemption of a part of outstanding stock of Non-interest bearing 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(1) These rules may be\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/MCA.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":126601,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/04\/24\/government-notifies-securities-in-which-trust-money-can-be-invested\/","url_meta":{"origin":264850,"position":5},"title":"Government notifies securities in which Trust money can be invested","author":"Saba","date":"April 24, 2017","format":false,"excerpt":"S.O. 1267(E).\u2014In pursuance of Section 20 of the Indian Trusts Act, 1882 (2 of 1882), the\u00a0Central Government hereby specifies the following securities for the purposes of the said section,\u00a0namely:\u2014 (a) Government securities; (b) securities, the principal whereof and the interest whereon is fully and unconditionally guaranteed by\u00a0the Central Government or\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/264850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=264850"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/264850\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/264809"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=264850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=264850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=264850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}