(Scheme for Non-competitive Bidding Facility in Auctions of Government Securities)

Annexure I (a)
For office use only
Regn no.

The Regional Director,
Reserve Bank of India,
Public Debt Office,
Fort,
Mumbai - 400 001.

Dear Sir,

Tender for Non-competitive Bids for “7.59 per cent Government Stock 2016” for an aggregate amount of Rs.300 crore: Auction to be held on May 9, 2008.           
           
        Pursuant to Government of India, Ministry of Finance, Department of Economic Affairs Notification F.No.4(2)-W&M/2008 dated May 2, 2008 and the tender notice issued by you, I/we, the undersigned hereby submit an aggregated bid on behalf of the non-competitive bidders as per the enclosed list in pursuance of the ‘Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities’ at the auction to be held by you on the captioned date as set out below:
       
i)   Name  of the Bank/Primary Dealer
            
ii)   Address
                                       
iii)  Telephone No.
       
iv)  

Undertaking
   
1. On your acceptance of my/our bid,

i) I/we agree/undertake to immediately collect the letter of acceptance from your office and to deposit the requisite amount at Reserve Bank of India, Fort, Mumbai on the day/time as indicated therein.

ii) I/We authorise you to debit my/our Current account maintained with Reserve Bank of India with the requisite amount.

2.  I/We have read the terms and conditions for non-competitive bidding contained in the ‘Scheme for Non-competitive Bidding Facility in the Auctions of Government Securities’ for the auction to be held on the captioned date and undertake to abide by them.

3. I/We have not submitted any other non-competitive bid in respect of the same clients for the auction to be held on the captioned date.

4. I/We have enclosed a list containing the details of the non-competitive bidders viz. name, address, bid amount, etc.

Yours faithfully,

Signature and
Office Stamp of the Bidder/s

Dated :