This has reference to the Government of India has vide its notification F. No. 4(25) – B/(W&M)/2017 dated October 6, 2017 and RBI IDMD.CDD.No.929/14.04.050/2017-18 dated October 06, 2017 that the Sovereign Gold Bond Scheme 2017-18 – Series V will be open for subscription from Monday, Oct 23 to Wednesday, Oct 25, 2017.
The Exchange is pleased to announce that Sovereign Gold Bond Scheme (SGB) will be open for subscription on BSE StAR MF Platform from Monday, Oct 23 to Wednesday, Oct 25, 2017 for Mutual Fund Distributors (MFDs) to subscribe to the issue for their clients. The facility shall be available only on BSE StAR MF Web Portal and shall be available for transaction in demat mode.
The issue price has been fixed at Rs. 2921 /- (Rupees Two Thousand Nine Hundred &
Twenty One only) per gram of gold.
For further information on the SGB Scheme, MFDs are requested to refer to the above-mentioned notification issued by Government of India, RBI circular as well as Frequently Asked Questions (FAQs) section on RBI’s website and Exchange circulars at the following web links –
Government of India, Ministry of Finance, Department of Economic Affairs Notification https://rbidocs.rbi.org.in/rdocs/content/pdfs/SGBVIIIGN06102017_AN.pdf
RBI Circular https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=41889
Frequently Asked Questions (FAQs)
https://www.rbi.org.in/Scripts/FAQView.aspx?Id=109
Exchange website – About Sovereign Gold Bonds under the Public Issues Section
http://www.bseindia.com/Static/Markets/PublicIssues/gold_sovereign_bonds.aspx?expandable=2
In case of any queries or clarifications, MFDs may kindly contact the following officials :
Ketan Jantre Zeeta Eustace
General Manager – Mutual Funds Sr. Manager - Mutual Funds |