Subscription for 1st tranche of Sovereign Gold Bonds 2021-22 from May 17

13/05/2021 9:39:23 AM | Source: IANS

Subscription for 1st tranche of Sovereign Gold Bonds 2021-22 from May 17

News By Tags | #886 #12 #392 #6632

The Centre has issued the schedule for the Sovereign Gold Bonds Scheme 2021-22 and the subscription for the first tranche of the scheme will open on May 17.

The overall issuance will be done in six tranches from May September.

"The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six tranches from May 2021 to September 2021," said an official statement.

The bonds will be sold through scheduled commercial banks (except small finance banks and payment banks), Stock Holding Corporation of India Ltd (SHCIL), designated post offices, and recognised stock exchanges -- National Stock Exchange of India Ltd and the Bombay Stock Exchange.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Subscription for 1st tranche of Sovereign Gold Bonds 2021-22 from May 17

Top News

Tag News

More News