Subscription limits for sovereign gold bonds set by investor category; online purchasers receive a price concession for digital payment Bonds are issued in denominations of one gram with a one gram minimum; annual subscription ceilings vary by investor category, apply to the first ... Summary
Subscription limits for sovereign gold bonds set by investor category; online purchasers receive a price concession for digital payment
Bonds are issued in denominations of one gram with a one gram minimum; annual subscription ceilings vary by investor category, apply to the first applicant in joint holdings, aggregate initial issuance and secondary market purchases, and exclude collateral holdings. Nominal value is fixed by the simple average closing price of 999 purity gold for the last three working days prior to subscription; online applicants paying digitally receive a per gram price concession below nominal value.
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