BSE issued a notification regarding the Commission on Sovereign Gold Bonds

Jul 27, 2023 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on July 27, 2023, issued a notification regarding the Commission on Sovereign Gold Bonds

This has an objective to facilitate the orderly collection of bids through the Stock Exchange mechanism, an online bid collection facility that has been available to Trading Members.

The following has been stated namely: -

• This is in continuation to BSE notice no. 20161021-32 dated October 21, 2016, in respect of the Commission on Sovereign Gold Bond.

• it has been decided to share the commission received by the Exchange from RBI with the trading members at the rate of 0.80% of the allotment value for all the issuances subscribed hereafter till further notice.

 

[Notice No. 20230726-32]

 


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