Page 48 - Banking Finance January 2019
P. 48

B        A


              h s has reference to the  o   ot f cat ons    o               he  A ree ent  under  the   o    s  effect ve  fro
               M      dated  anuar           and RB  c rcu ar    Se te  er             nder  the  o   the ter  na
               M       o                        dated  anuar     ut    at on  er od  s     onths after the schedu ed
                      read   th  ot f cat on    o           M       co   et on date of the  roject
             dated   anuar              and  RB   c rcu ar
                                                                  Sh   ents under the  o  sha    e dec ared  n    ort
               M       o                        dated  anuar
                                                                  ec arat on  or  as  er  nstruct ons  ssued    the
                        on       Sav n s   a a  e  Bonds
                                                                 Reserve Ban  fro  t  e to t  e
              A  end        he   erat ona   u de  nes   th re ard
                                                                   o a enc  co   ss on  s  a a  e for e  ort under the
             to th s sche e are   ven  n the Anne ure
                                                                 a ove  o    o ever   f re u red  the e  orter  a  use
              hese  u de  nes are  ssued    RB   n e erc se of the
                                                                 h s o n resources or ut    e  a ances  n h s   chan e
              o ers conferred    su  sect on     of the Sect on
                                                                  arners   ore  n  urrenc  Account for  a  ent of
             of the  overn ent Secur t es Act       and of a   the
                                                                 co   ss on   n  free  fore  n  e chan e   Author sed
              o ers ena   n   t  n th s  eha f
                                                                  ea er  ate or      A   ate or       an s  a  a  o
                                                                 such  re  ttance  after  rea   at on  of  fu    e      e
          ours fa thfu
                                                                 va ue  of  e  ort  su ject  to  co    ance    th  the
              a  a a iri
                                                                 e tant   nstruct ons  for   a  ent  of  a enc
          h ef  enera  Mana er
                                                                 co   ss on
                                                                  A   ate or       an s  a   r n  the contents of th s
           i    an      overn ent  o    n ia
                                                                 c rcu ar to the not ce of the r e  orter const tuents and
             orte   ine o    re it o   SD                        adv se the  to o ta n fu   deta  s of the  o  fro  the
          i  ion to t e  overn ent o  t e  nite                       Ban  s off ce at  entre  ne    oor      or d  rade
                                                                  entre  o   e    uffe  arade  Mu  a          or
         Re    ic o   an ania
                                                                 fro  the r  e s te     e    an  nd a  n
         R                                                         he d rect ons conta ned  n th s c rcu ar have  een
                                            ece  er               ssued under sect on       and       of the  ore  n
                                                                   chan e Mana e ent Act    MA            of
                ort    ort Ban  of  nd a       Ban   has entered  nto
                                                                 and are   thout  rejud ce to  er  ss ons  a  rova s   f
             an  a ree ent  dated  Ma                th  the
                                                                 an   re u red under an  other  a
              overn ent of the  n ted Re u   c of  an an a for
              a  n  ava  a  e to the  atter  a  overn ent of  nd a   ours fa thfu
             su  orted   ne of  red t   o   of  S           on   S    R    oo c a  a i
               ve hundred      on  for the  ur ose of f nanc n   ater   h ef  enera  Mana er
             su     sche es  n the Re u   c of  an an a   nder the
             arran e ent  f nanc n  of e  ort of e      e  oods and  S ecia   De o it  Sc e e   SDS
             serv ces fro   nd a  as def ned under the a ree ent
                                                               a  ent o  intere t  or ca en ar  ear
              ou d  e a  o ed su ject to the r  e n  e      e for e  ort
             under the  ore  n  rade  o  c  of the  overn ent of
              nd a and  hose  urchase  a   e a reed to  e f nanced  R
                the      Ban  under th s a ree ent   ut of the tota
                                                                                                 ece  er
             cred t         Ban  under th s a ree ent   oods and
             serv ces of the va ue of at  east     er cent of the       e  ant to  nfor  that  a ette not f cat ons re ated
             contract  r ce sha    e su    ed    the se  er fro   nd a  to   nterest  rates  for  S S        are  ava  a  e   n
             and the re a n n      er cent of  oods and serv ces  a    overn ent of  nd a  e s te v    e a ette n c  n  h ch
              e  rocured    the se  er for the  ur ose of the e      e  can  e  erused for  u dance   ou  a    ease ensure
             contract fro  outs de  nd a                         that  nterest for the ca endar  ear      for S S


               | 2019 | JANUARY                                                            |  AN  N    NAN
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