The subscription for the 10th tranche of the Gold Bonds (SGBs) will close on January 15

The subscription for the tenth tranche of the Sovereign Gold Bonds (SGBs) scheme, the 2020-21 Series X, has opened on January 11, 2021, and will close on January 15, 2021. The SGBs will be allotted on January 19, 2021.

Issue price : Rs 5,054 (per gram of gold) for payment through digital mode.

Government of India, in consultation with the Reserve Bank of India, has decided to offer a discount of ₹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 ₹5,054/- (Rupees five thousand and fifty four only) per gram of gold. For more details read:

Surendra Naik

Share
Published by
Surendra Naik

Recent Posts

Priority sector lending norms explained

The total target and sub-targets set under priority sector lending for all scheduled commercial banks…

2 days ago

Issues facing Indian Economy

(This post elucidates Poverty Alleviation, Jobless growth, Rising Inequalities, Migration and excessive pressure on resources,…

3 days ago

What are 17 Sustainable Development Goals (SDGs) adapted by UN?

The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the…

5 days ago

India’s progress in SDGs including Climate change, and CSR Activities

The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the…

6 days ago

Global Issues and initiatives

Global issues are problems of economic, environmental, social, and political concerns that affect the entire…

7 days ago

Core elements of Sustainable Development

Sustainable development or 'Sustainability for development' refers to the development that is done without damaging…

1 week ago