News From Press Series-X of sovereign gold bond opens for subscription

Series-X of sovereign gold bond opens for subscription

Investors would get a 2.50 per cent interest on the amount of initial investment, which will take effect from the date of its issue

ET Mar 4, 2020

The series-X of sovereign gold bond (SGB) scheme 2019-20 opened for subscription on Monday. Investors can bid for a minimum of 1 gm of gold at Rs 4,260 per gm. This will be at a Rs 50 discount for those who will bid online. The issue closes on Friday, March 6. The certificate of bond will be issued on March 11.

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