NO. CO.DT.11.01.001/4064/99-2000

January 25, 2000
Magha 5, 1921 (S)

The Regional Director/General Manager/Officer-in-Charge
Reserve Bank of India
Public Debt Office
Ahmedabad/Bangalore/Bhubaneswar/Byculla, Mumbai-8/
Calcutta/Chennai/Fort, Mumbai-1/Guwahati/Hyderabad/
Jaipur/Kanpur/Nagpur/New Delhi/Patna/Thiruvananthapuram.

Dear Sir,

In the background of complaints about the long 'shut' period for Government Securities impeding the expeditious completion of secondary market deals, a joint meeting of Central Office Departments and Mumbai office was taken by DG(R). After detailed discussions, it was decided that as a facilitation measure, for customers, the 'shut' period for SGL Accounts as well as Stock Certificates should be revised as under:

2. Accordingly, the revised shut period will come into force with effect from 1^st February 2000 at all our offices.

Suitable changes may please be made in all the relevant paras of the Manual. Please acknowledge receipt.

Yours faithfully,
Sd/-
(L.S. Pokhare)
Asst. General Manager.

Endt. No. CO.DT.11.09.001/4064A/99-2000 of date.

Copy forwarded for information to :

1. The Chief General Manager, Reserve Bank of India, Internal Debt Management Cell, Mumbai.
2. The Chief General Manager in Charge , Reserve Bank of India, Deptt. Of Information Technology, Central Office, Fort, Mumbai

p. Chief General Manager.