GMS News
Government on Monday said that trading of the Sovereign Gold Bond (SGB) will begin by month-end and the fourth tranche of the scheme will be launched thereafter.
The interest rate in the medium term bonds has been fixed at 2.25% and for the long term bonds is 2.5% for the bonds issued in 2015-16.
In order to cash in on festival euphoria, Prime Minister Narendra Modi will launch the first ever 'India gold coin' bearing Ashok Chakra and other three gold related schemes on Thursday.
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