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Sovereign Bond Scheme (SBS) News
Sovereign Bond Scheme (SBS)
Applications for Sovereign Gold Bonds Series IV begin February 27
Thu, Feb 23, 2017
The Bonds will be issued on March 17, 2017, the Ministry said.
What is the reason behind fourth gold bond scheme’s success?
Mon, Aug 01, 2016
“The amount realised through the 4th tranche is among the highest achieved as yet,” the Ministry of Finance said in a statement. Shakti Das, Joint Secretary of Department of Economic affairs said, "Around Rs 919 crore equivalent to nearly 2.95 tonnes of gold has been mobilised by 4th tranche."
Can the fourth tranche of gold bonds find better response?
Mon, Jul 18, 2016
Kavita Chacko, Economist – CARE Ratings said, "The 4th tranche of gold bonds could see higher demand with the recent re-emergence of safe haven demand for the metal. Also, the lower minimum subscription and tax incentives provided for investments in gold bonds will also attract investors."
Sovereign Gold Bonds: Minimum subscription cut to 1 gram to boost demand
Sun, Jul 17, 2016
Apart from this, the government has also made other changes to make Sovereign Gold Bonds more attractive to investors.
Trading in Sovereign Gold Bond Scheme to start by May-end: Finance Ministry
Tue, May 17, 2016
Finance Ministry took the decision at a review meeting of gold-related schemes held on May 13 under the chairmanship of Economic Affairs Secretary Shaktikanta Das.