INSUBCONTINENT EXCLUSIVE:
Sovereign Gold Bonds are available at an issue price of Rs 5,177 per unitAn eighth tranche of the government's Sovereign Gold Bond programme
linked to the market price of the yellow metal
After the current series, the gold bond scheme will be available four times for five days each till March 2021
available for investing till Friday
Applications will be settled on November 18.DiscountA discount of Rs 50 per unit is applicable for those investing in the gold bonds online
bonds come with a maturity period of eight years, with an option to exit after the first five years.Interest RateA fixed rate of 2.5 per
and charitable institutions.Investment LimitGold bonds can be purchased in the multiples of one unit, up to certain thresholds for different
bonds through an online mode - using a digital mode of payment - get a discount of Rs 50 on each unit, which is equivalent to the value of
one gram of gold.How To InvestThe SGBs are sold through commercial banks, the Stock Holding Corporation, designated post offices, and stock
However, the capital gains arising out of redemption are exempted for individual investors.
