Tag: Gold bond
Deloitte was fined £500,000, which was reduced to £362,500, and given a tongue-lashing for auditing and quality control failures
Gold bonds have a maturity period of eight years with an exit option after fifth yearThe redemption price is based on the then prevailing price of gold
The issue price for the bonds (Series VII), which was open for subscription from October 12-16, was Rs 5,051 per gram of gold