12.1 DISPOSAL OF PROCEEDS AT MATURITY/ INTEREST PAYMENT
12.1.1 One business days before maturity and interest payment of a Bill, CSD will make available to BOG an electronic Entitlement Schedule which contains all relevant details of the Securities Holders, including name, address and disposal instructions.
12.1.2 On maturity/interest payment date, BOG will use the Entitlement Schedule to make payment of maturity/interest directly to the GOG/BOG Securities Holders account through their bankers.
12.1.3 Banks are required to pass on entitlements to the beneficiary‟s account within 24 hours of the payment date.
12.1.4 On maturity date CSD will change the status of the relevant GOG/BOG Bills in CSD system to Matured.
