RBI Shifted issue date of 5th tranch of Sovereign Gold Bond

By | September 23, 2016
(Last Updated On: September 23, 2016)

Sovereign Gold Bonds, 2016-17 Series II

The Reserve Bank of India, in consultation with Government of India, had notified the issuance of Sovereign Gold Bonds, 2016-17 Series II videIDMD.CDD.No.462/14.04.050/2016-17 and IDMD.CDD.No.463/14.04.050/2016-17. The fifth tranche of Sovereign Gold Bonds was open for subscription from September 01, 2016 to September 09, 2016. The bonds were to be issued on September 23, 2016.

Large number of applications have been received by banks and post offices. To enable smooth uploading of applications into RBI’s E- Kuber system, particularly by the post offices, it has since been decided to shift the issue date of the Sovereign Gold Bond from September 23, 2016 to September 30, 2016.

Other terms and conditions of the above circulars remain unchanged.

Anirudha D. Jadhav
Assistant Manager

Press Release : 2016-2017/740

Category: RBI

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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