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.
All other terms and conditions of the above Notification remain
unchanged.
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