The government of India announced the opening of its Sovereign Gold Bond Scheme 2016-17 series IV issue opens on February27
The Sovereign Gold Bond parameters are as under:
Issue Price (per Gram) - Rs 2,893
Issue Start Date - February 27, 2017
Issue Close Date - March 3, 2017
Bidding Session Time - 10:00 AM to 05:00 PM
Minimum Bid Quantity - 1 (Gram)
Maximum Bid Quantity - 500 (Gram)
Interest - Fixed Interest @ 2.50% per annum payable semi-annually on the issue price amount
Tenure - 8 years with an exit option from 5th year onwards
The applications will be accepted through the members of National Stock Exchange and Bombay Stock Exchange, Banks, designated Post Offices and Stock Holding Corporation of India (SHCIL).
ADVANTAGES OF INVESTING IN SOVEREIGN GOLD BONDS (SGB)
To apply for Sovereign Gold Bond please contact:
Corporate Office : Abhipra Complex A-387,
Dilkhush Industrial Area,
G T Karnal Road, Azadpur,
Delhi 110033
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Feb 27, 2017 |