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Sovereign Gold Bond Scheme

The Government of India has fixed the issue cost for Sovereign Gold Bond (SGB) Scheme 2021-22 at Rs 4,777 for each gram. This issue of SGB will be open for membership for five days from May 17. In the event that you are keen on buying into SGB later in the year in the midst of the Covid-19 pandemic, five additional tranches of SGB will be open for membership in 2021. The Sovereign Gold Bonds will be given by the RBI for the Government of India. The authority articulation said that the Sovereign Gold Bond Scheme 2021-22 Series-I or first tranche will be open for membership from May 17, 2021, to May 21, 2021. The bonds will be given on May 25.
As per DEA explanation, the Bonds will be sold through Scheduled Commercial banks (with the exception of Small Finance Banks and Payment Banks), Stock Holding Corporation of India Limited (SHCIL), assigned mailing stations, and perceived stock trades viz., National Stock Exchange of India Limited and Bombay Stock Exchange Limited.

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