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Sovereign gold bond third tranche issue opens today: Should you subscribe?

Sovereign gold bond third tranche issue opens today: Should you subscribe? SECTIONS Share Synopsis Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum of 1 gm of gold at Rs 4,889 per gram against Rs 4,842 per gram for the previous tranche. Getty Images The issue closes on Friday, June 4. The Certificate of Bond(s) will be issued on June 08. NEW DELHI: The third tranche of the sovereign gold bond (SGB) scheme 2021-22 opened for subscription on Monday. This issue comes soon after the first and second tranche, but is priced slightly higher than both. Prospective bidders, who intend to subscribe to the scheme, can bid for a minimum of 1 gm of gold at Rs 4,889 per gram against Rs 4,842 per gram for the previous tranche. There will be a Rs 50 discount for prospective investors that will bid online. The issue closes on Friday, June 4. The Certificate of Bond(s) will be issued on June 08.

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