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Next tranche of gold bond opens on Aug 31, issue price at Rs 5,117/gm

The Sovereign Gold Bond Scheme 2020-21 series VI will open for subscription on August 31, 2020 and close on September 4, 2020

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Sovereign Gold Bond (SGB) 2020-21 is issued by the Reserve Bank India on behalf of the Government of India.

3 min read Last Updated : Aug 28 2020 | 8:16 PM IST

The issue price for the sixth tranche of the Sovereign Gold Bond Scheme has been fixed at Rs 5,117 per gram, the RBI said in a statement on Friday.

The Sovereign Gold Bond Scheme 2020-21 series VI will open for subscription on August 31, 2020 and close on September 4, 2020.

The issue price for the bonds (series V), which were open for subscription from August 3 to August 7, was Rs 5,334 per gram of gold.

"The nominal value of the bond based on the simple average closing price for gold of 999 purity of the last three business

Topics : Reserve Bank of India Sovereign gold bonds trading Sovereign Gold Bond Gold Bonds

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