Sovereign Gold Bond Scheme 2020-21 (Series X) – Issue Price
PrintListen to this Article
In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series X) will be opened for the period January 11-15, 2021 with Settlement date January 19, 2021. The issue price of the Bond during the subscription period shall be Rs5,104 (Rupees Five thousand one hundred four only) – per gram, as also published by RBI in their Press Release dated January 08, 2021.
The Government of India in consultation with the Reserve Bank of India has decided to allow discount of Rs50 (Rupees Fifty only) per gram from the issue price to those investors who apply online and the payment is made through digital mode. For such investors the issue price of Gold Bond will be Rs5,054 (Rupees Five thousand Fifty four only) per gram of gold.
****
Category : General | Comments : 0 | Hits : 525
India Features in World Bank’s Top Five Rankings for Private Investment in Infrastructure
Infrastructure remains a cornerstone of India’s long-term growth framework, with public capital expenditure maintaining a consistent upward momentum since FY15. A defining development in th...
India's FY26 GDP Growth Projected at 7.4%, Supported by Strong Consumption and Investment Momentum
India’s economy is projected to expand by 7.4 per cent in FY26, supported by the twin drivers of consumption and investment, reinforcing its position as the world’s fastest-growing major e...
Retirement fund body EPFO has said it will no longer use Aadhaar as a valid document for proof of date of birth. In an official circular on January 16, the Employees' Provident Fund Org...
Comments