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Sovereign gold bond issue price fixed at Rs 5,000 per gm of gold

The issue price for the next series of sovereign gold bonds has been fixed at Rs 5,000 per gram of gold, the Reserve Bank of India said in a statement on Thursday. The Sovereign Gold Bond Scheme 2020-21 - Series IX will be open for subscription from December 28, 2020 to January 1, 2021. The nominal value of the bond.works out to Rs 5,000 per gram of gold, the RBI said. The value of the bond is based on the simple average closing price (published by the India Bullion and Jewellers Association Ltd) for gold of 999 purity of the last three business days of the week preceding the subscription period, that is, December 22-24.

Common service centres opened in 27 post offices

Common service centres opened in 27 post offices Updated: Updated: December 25, 2020 01:17 IST The facility will be extended to post offices other than those in Mangaluru Division in phases, says Senior Superintendent of Post Offices Share Article AAA Senior Superintendent of Post Offices, Mangaluru Division, Shriharsha N. addressing a press conference in Mangaluru on Thursday.   The facility will be extended to post offices other than those in Mangaluru Division in phases, says Senior Superintendent of Post Offices Mangaluru Postal Division has opened common service centres in 27 post offices, including in the city. It will be extended to other post offices in phases, according to Senior Superintendent of Post Offices, Mangaluru, Shriharsha. N.

RBI Fixes Sovereign Gold Bond Scheme 2020-21 – Series IX Price At Rs 5,000 Per Gram Of Gold

RBI fixes Sovereign Gold Bond Scheme 2020-21 – Series IX price at Rs 5,000 per gram of gold RBI further said the government, in consultation with the central bank, has decided to offer a discount of Rs 50 per gram on the nominal value to investors applying online and making the payment against the application through digital mode. PTI December 24, 2020 / 09:01 PM IST The issue price for the next series of sovereign gold bonds has been fixed at Rs 5,000 per gram of gold, the Reserve Bank of India said in a statement on Thursday. The Sovereign Gold Bond Scheme 2020-21 – Series IX will be open for subscription from December 28, 2020 to January 1, 2021. The nominal value of the bond…works out to Rs 5,000 per gram of gold, the RBI said.

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