Sovereign gold bonds open for subscription today: Things to know
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The eighth series of Sovereign Gold Bond Scheme 2021-21 will be thrown open for subscription today. The scheme will close on November 13. With the tranche set to roll out, the government has fixed the issue price for the Sovereign Gold Bond at Rs 5,177 per gram of gold (999 purity). In a move ahead of Dhanteras and Diwali, the government has also decided to offer a discount of Rs 50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode. The Sovereign Gold Bond is issued by the Reserve Bank of India on behalf of the Government of India.
The eighth series of Sovereign Gold Bond Scheme 2021-21 will be thrown open for subscription today. The scheme will close on November 13. With the tranche set to roll out, the government has fixed the issue price for the Sovereign Gold Bond at Rs 5,177 per gram of gold (999 purity). In a move ahead of Dhanteras and Diwali, the government has also decided to offer a discount of Rs 50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode. The Sovereign Gold Bond is issued by the Reserve Bank of India on behalf of the Government of India.
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