October 20, 2026 10:19 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
‘Operation completed’: Tiger Shroff shooters allegedly alerted handlers after firing, probe reveals | 'I don't mind saying sorry 1,000 times': Sonu Nigam apologises to Kannadigas over ‘Pahalgam’ remark amid concert ban demand | After Vijay, is Dhanush eyeing politics? TVK calls Thalapathy an inspiration | Trump Says Paris Will Become ‘Muslim City Very Soon’, Blames Macron’s Immigration Policies | Four killed in fresh Manipur violence as protesters take bodies to Chief Minister’s residence | Tiger Shroff firing: Three accused arrested on train in Rajasthan, suspected Bishnoi gang link emerges | 'Internet access a fundamental right for children': SC rejects age-based 'blanket' ban | 'We will fight our own government': RG Kar victim's father threatens fresh protest after Sandip Ghosh gets bail | RG Kar shocker: Sandip Ghosh gets bail as only 7 of 147 witnesses examined, junior doctor blasts CBI | Trump waives Russia-related sanctions

Sovereign Gold Bond 2016 – Series II: Issue Price

| | Mar 07, 2016, at 09:10 pm
Mumbai, Mar 7 (IBNS) The Reserve Bank of India (RBI), in consultation with the Government of India, has decided to issue third tranche of Sovereign Gold Bonds, which will be open for subscription from Tuesday.
The subscription will be open from March 8 to 14, 2016.
 
The issue price of the Sovereign Gold Bond for the third tranche has been fixed at rupees two thousand nine hundred sixteen only per gram of gold. 
 
The rate has been fixed on the basis of simple average of closing price for gold of 999 purity for the week extending from February 29, 2016 to March 4, 2016 and published by the India Bullion and Jewellers Association Ltd (IBJA).
 
The Bonds will be issued on March 29, 2016.
 
The Bonds will be sold through banks, Stock Holding Corporation of India Limited (SHCIL) and designated post offices. 
 
The borrowing through issuance of the Bond will form part of market borrowing programme of the Government of India.
#Sovereign Gold Bond 2016

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
In Images: Gautam Adani offers prayers at Kalighat Temple in Kolkata
In Images: Gautam Adani offers prayers at Kalighat Temple in Kolkata Sep 24, 2026, at 11:48 am
In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata
In Images: Amit Shah performs 'Bhoomi Pujan' of Amul's curd manufacturing plant in Kolkata Jul 19, 2026, at 10:57 pm
Nirmala Sitharaman presents Budget 2025
Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:41 pm
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm