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Gold Bond Issuance

Sovereign Gold Bonds: Discounts, prices and everything you should know

The Sovereign Gold Bond scheme flares today, allowing you to buy gold bonds at a fixed interest of 2.5-percent twice a year. Read this article to know everything about gold bonds

Sovereign Gold Bonds: Discounts, prices and everything you should know
Updated On : 22 Aug 2022 | 6:16 PM IST

SGB issue price fixed at Rs 5,197 per gm; subscription to open on Monday

The issue price for the next tranche of Sovereign Gold Bond Scheme 2021-22, which will open for subscription for five days from Monday, has been fixed at Rs 5,197 per gram of gold, the Reserve Bank of India said on Friday. The Sovereign Gold Bond Scheme 2022-23 Series II will be open for subscription from August 22 26, 2022. "The nominal value of the bond...works out to Rs 5,197," the central bank said in a statement. The central government, in consultation with the Reserve Bank of India, has 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. "For such investors, the issue price of Gold Bond will be Rs 5,147 per gram of gold," the RBI said. The RBI issues the bonds on behalf of the Centre. The bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL), designated post offices and recognised stock exchanges -- NSE and BSE. Th

SGB issue price fixed at Rs 5,197 per gm; subscription to open on Monday
Updated On : 19 Aug 2022 | 10:08 PM IST

RBI fixes Sovereign Gold Bond price at Rs 4,852 a gram, issue opens July 6

The Sovereign Gold Bond Scheme 2020-21-Series IV will be opened for subscription for the period between July 6 and July 10

RBI fixes Sovereign Gold Bond price at Rs 4,852 a gram, issue opens July 6
Updated On : 04 Jul 2020 | 1:55 AM IST

RBI buys gold for forex reserves after 5 months, now holds 625 tonnes

The RBI buys gold to hedge the government's sovereign gold bond issue, launched in November 2015

RBI buys gold for forex reserves after 5 months, now holds 625 tonnes
Updated On : 18 Jan 2020 | 12:24 AM IST

NSE unveils online bidding platform for gold bond issuance

Bid entry for gold bonds will be available through single bid entry and bulk upload facility

NSE unveils online bidding platform for gold bond issuance
Updated On : 10 Jul 2016 | 12:52 PM IST