Press Information Bureau
Government of India
Ministry of Finance
Government of India
Ministry of Finance
23-September-2016 11:32 IST
Government
decides to shift the issue date of the Sovereign Gold Bonds 2016-17 Series-II
from September 23, 2016 to September 30, 2016 in view of large number of
applications being received by banks and post offices
The
Government of India in consultation with the Reserve Bank of India(RBI), had
notified the issuance of Sovereign Gold Bonds, 2016-17 Series II vide
Notification F.No.4(7)-W&M/2016 dated August 29, 2016. The tranche was open
for subscription from September 01, 2016 to September 09, 2016. The bonds were
to be issued on September 23, 2016.
Large
number of applications have been received by banks and post offices. To enable
smooth uploading of applications into RBI’s E- Kuber system, particularly by
the post offices, it has since been decided to shift the issue date of the
Sovereign Gold Bonds from 23rd September,2016 to 30th September, 2016.
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