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Sovereign Gold Bond 2023 24 Series IV Closes Today 7 Key Points To Know
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spacencloud.com
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Sent On
Fri, Feb 16, 2024 10:14 AM
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[The Sovereign Gold Bond Scheme 202324 Series IV that opened for subscription on Monday is goint to
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[Sovereign Gold Bond 2023 24 Series IV Closes Today 7 Key Points To Know]( [The Sovereign Gold Bond Scheme 202324 Series IV that opened for subscription on Monday is goint to be closed today February 16 2024). Sovereign Gold Bond Scheme are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The Bond is issued by Reserve Bank on behalf of Government of India. This is a great opportunity for investors to invest in gold a safe and secure asset backed by the Central Government. RBI has announced that the installment of SGB 202324 Series IV has been fixed at Rs 6263 per gram of gold Further there will be discount of Rs 50 per gram less than the nominal value to those investors applying online and making the payment against the application through digital mode.](
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