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RBI announces dates for issuance of sovereign gold bonds

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NEW DELHI: The Reserve Bank of India (RBI), after consultation with the Centre, has announced the issue dates of the sovereign gold bond scheme 2020-21.

There bonds will be issued in six tranches, beginning 28 April and ending 08 September 2020. The RBI will come out with an issue every month.

Please see the calendar below for exact dates. Investors can buy these bonds through designated scheduled commercial banks (except Small Finance Banks and Payment Banks), Stock Holding Corporation of India Limited, and designated post offices.

One can also buy these bonds through National Stock Exchange of India Limited and BSE Limited. Sovereign gold bonds have a tenure of eight years, with exit options are available from the fifth year.

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