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Central Government News

SOVEREIGN GOLD BOND SCHEME 2018 -19

Ministry of Finance Sovereign Gold Bond Scheme 2018 -19 08 OCT 2018 Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds-2018-19. The Sovereign Gold Bonds will be issued every month from October 2018 to February 2019 as per the calendar specified below: S. No. Tranche Period of Subscription Date of Issuance 1 2018-19 Series II October 15-19, 2018 October 23, 2018 2 2018-19 Series III November 05-09, 2018 November 13, 2018 3 2018-19 Series IV December 24-28, 2018 January 01, 2019 4 2018-19 Series V January 14 – 18, 2019 January 22, 2019 5 2018-19 Series VI February 04-08, 2019 February 12, 2019 The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges   viz ., National Stock Exchange of India Limited and Bombay Stock Exchange Limited. The features of the Bond are given below: Sl. No. Item Details 1 Product name So...

Sovereign Gold Bond Scheme 2017-18 Issue Price

Sovereign Gold Bond Scheme 2017-18 Issue Price Government of India, in consultation with the Reserve Bank of India, had floated Series III of Sovereign Gold Bonds 2017-18, for a period from October 09, 2017 to December 27, 2017 (with subscription period Monday to Wednesday every week). The Bonds will be issued on the succeeding Monday after each subscription period. For the next subscription period i.e. December 18-20, 2017, the issue price shall be Rs.2,866 (Rupees Two Thousand Eight Hundred Sixty Six only) - per gram with Settlement on December 26, 2017, as also published by RBI in their Press Release dated December 15, 2017. Government of India in consultation with the Reserve Bank of India, has decided to allow discount of Rs.50 (Rupees Fifty) per gram from the issue price to those investors who apply online and the payment is made through digital mode. PIB