The Reserve Bank of India (RBI) May 30 announced calendar for issuance of Sovereign Gold Bonds for the first half of the current fiscal. The Sovereign Gold Bonds (SGB) will be issued every month from June 2019 to September 2019, RBI said in a statement.

"The Bonds will be sold through Scheduled Commercial banks (except Small Finance Banks and Payment 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," it said.

The first tranche of the bonds (2019-20 Series I) will open for subscription on June 3, while 2019-20 Series II will be available from July 8.

2019-20 Series III and 2019-20 Series IV of SGB will be open for subscription from August 5 and September 9, respectively, it said. #casansaar (Source - PTI, RBI, MoneyControl)