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Showing posts from October, 2019

RBI Gold Bond

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Sovereign Gold Bond Scheme 2019-20 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 every month from June 2019 to September 2019 as per the calendar specified below: S.No.TrancheDate of SubscriptionDate of Issuance12019-20 Series IJune 03-07, 2019June 11, 201922019-20 Series IIJuly 08–12, 2019July 16, 201932019-20 Series IIIAugust 05-09, 2019August 14, 201942019-20 Series IVSeptember 09-13, 2019September 17, 2019 The Bonds will be sold through Scheduled Commercial banks (except Small Finance Banks and Payment Banks), Stock Holding Corporation of India Limited (SHCIL), designated post offices, and recognised stock exchanges viz., National Stock Exchange of India Limited and Bombay Stock Exchange Limited. The features of the Bond are: Sl. No.ItemDetails1Product nameSovereign Gold Bond 2019-202IssuanceTo be issued by Reserve Bank India on behalf of the Government of India.3EligibilityThe …