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Money & Banking - Govt Bonds


Securities repayment

Our Bureau

HYDERABAD: Holders of securities of the 12.50 per cent Andhra Pradesh State Development Loan, 2004, would be repaid with interest due up to April 23, 2004, on April 24.

According to an official release, the Government has decided that the outstanding balance of 12.50 per cent AP State Development Loan, 2004, issued in terms of the AP Finance Department Notification dated April 20, 1994, and September 5, 1994, would be repaid at par on April 24, 2004, since April 25 is a Sunday.

People holding the securities should deposit them at the public Debt Office, Treasury and Sub-Treasury or branch of State Bank of India or its subsidiary banks for payment of interest 20 days in advance.

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