Sovereign Gold Bond 2016-17 – Series I: Issue Price
Date : Jul 15, 2016
In terms of GoI notification F.No.4(7)-W&M/2016 and RBI circular IDMD.CDD.No.2020/14.04.050/2016-17 dated July 14, 2016, Series I of the Sovereign Gold Bond 2016-17 will be open for subscription from July 18 to 22, 2016. The issue price of the Sovereign Gold Bond has been fixed at Rs. 3119/- (Rupees Three Thousand One Hundred and Nineteen only) per gram of gold. The rate has been fixed on the basis of simple average of closing price of gold of 999 purity for the week July 11 to 15, 2016 as published by the India Bullion and Jewellers Association Ltd. (IBJA).
Anirudha D. Jadhav
Assistant Manager
Press Release : 2016-2017/143
Related Post
- Sovereign Gold Bonds 2016-17 – Operational Guidelines
- Sovereign Gold Bonds 2016-17 – Series I: open from 18th july 2016
- Sovereign Gold Bond Scheme 2016 -17 – Series I to open on July 18
- Taxation of Sovereign Gold Bond