Wednesday, November 25, 2015

Issue Date of the Sovereign Gold Bonds, 2015-16 shifted from November 26, 2015 to November 30, 2015

Large number of applications have been received by the banks and post offices for Sovereign Gold Bonds, 2015-16. 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 Bonds from November 26, 2015 to November 30, 2015.

All other terms and conditions of the above Notification remain unchanged.

Earlier, the Government of India, in consultation with the Reserve Bank of India (RBI), had notified the issuance of Sovereign Gold Bonds, 2015-16 vide Notification F.No. 4(19)-W&M/2014 dated October 30, 2015. The first tranche of Sovereign Gold Bonds was open for subscription from November 5, 2015 to November 20, 2015. Bonds were to be issued on November 26, 2015. 

Source : PIB Release/25.11.2015