city New Delhi India state Indiana 2020 Government Coronavirus city New Delhi India state Indiana

Govt to issue sovereign gold bonds in six tranches in H1FY21

Reading now: 879
www.livemint.com

New Delhi: The government has initiated the process of borrowing with the launch of sovereign gold bonds in consultation with the Reserve Bank of India in the current financial.

To be issued in six tranches by the RBI between April and September, 2020, the sovereign gold bond will provide assured return of 2.5 per cent to investors a long with appreciation in the price of the bond in line with movement of gold prices.

The bond will be on sale only in the domestic market for subscription by individuals, HUFs, Trusts, Universities and charitable institutions.

The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. The Sovereign Gold Bonds will be issued in six tranches from April

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA