Notices
Notice No20210807-2Notice Date07 Aug 2021
CategoryTradingSegmentMutual Fund
SubjectSovereign Gold Bond Scheme (SGB) available for subscription on BSE StAR MF Platform 2021-22: Series 5
Content

This has reference to the GoI notification F.No.4(4)-B(W&M)/2020 and RBI IDMD.CDD.No.2729/14.04.050/2019-20 dated April 13, 2020 announcing that the Sovereign Gold Bond Scheme 2021-22 – Series 5 will be open for subscription from Monday, August 09, 2021 to Friday, August 13, 2021.  

The Exchange is pleased to announce that BSE’s Online Bidding Platform for Sovereign Gold Bond Scheme 2021-22 – Series 5 (Tranche 54) will be open for subscription from Monday, August 09, 2021 to Friday, August 13, 2021 for trading members to subscribe to the issue for their clients. The issue price has been fixed at Rs. 4,740 /- (Rupees Four Thousand Seven Hundred and Forty Only) per gram of gold. 

Details of the SGB Scheme Master 

Issue Name

Sovereign Gold Bonds Scheme 2021-22 – Series V (Tranche 54)

Symbol

SGB212205

Issue serial number

26278

ISIN

IN0020210129

Issue Period

Monday, August 09 to Friday, August 13, 2021

Demat Mode Timing

9:00 am on T day till 5 pm on last day of bidding period

(Modification/Cancellation/Payment of bids date and timing)

9:00 am on T day till 5:30 pm on last day of bidding period

Issue Price (per gram of gold)

Online BID: Rs. 4,740 (For investors applying online and the payment against the application is made through digital mode)

Offline BID:  Rs. 4,790

Minimum Quantity

1 gram

Maximum Quantity

The maximum limit of subscribed shall be 4 KG for individual, 4 Kg for HUF and 20 Kg for trusts and similar entities per fiscal (April-March) notified by the Government from time to time. A self-declaration to this effect will be obtained. The annual ceiling will include bonds subscribed under different tranches during initial issuance by Government and those purchased from the Secondary Market.

Bid Quantity Multiple

1 gram

Rate of Interest

2.50% per annum on the amount of initial investment. It shall commence from the date of its issue and is payable every 6 months.

Date of Allotment

August 17, 2021

For further information on the SGB Scheme, trading members 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 query on the BSE StAR MF platform you can reach us through our service centre on 022-30594050 on business days between 8.00 a.m. to 7.00 p.m. You can also raise your queries on our CRS portal: - 

https://bsecrs.bseindia.com   

 

 

Ketan Jantre                                                                  Zeeta Eustace

Sr. General Manager – Mutual Funds                         Dy. General Manager – Mutual Funds