The Reserve Bank of India, in consultation with Government of India, has decided to issue Sovereign Gold Bonds 2017-18 – Series I.
Applications for the bond will be accepted from April 24th – April 28th, 2017.
The RBI has decided to offer a discount of 50 per gram on the nominal value of the Sovereign Gold Bond. The issue price of Gold Bond for this tranche has been fixed at Rs 2,901 per gram of gold.
The Bonds will be issued on May 12, 2017.