Sovereign Gold Bonds
๐ Sovereign Gold Bonds ๐
Issue Opens 20th April
Issue closes 24th April
Minimum bid 1 gm at Rs 4639(online discount 50Rs per gram)
Certificates to be issued on 28th April
Bond Tenure 8 yrs with exit options after 5th , 6th and 7th year to be excercised in Interest Payment dates
Bonds tradable within fortnight of issuance
๐️Benefits๐️
# attractive Interest rate of 2.5% per annum (payable every six months )with Asset price appreciation opportunity
# Redemption linked to gold price, elimination of risk and storage
# elimination of capital gains tax of held till maturity
Comments
Post a Comment