BSE issued a notification regarding the Commission on Sovereign Gold Bonds onwards

Jul 28, 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 onwards

The following has been stated namely: -

• It states that the  MFDs are informed that the exchange is acting as the Receiving Office for the Sovereign Gold Bond \ by RBI approval. With an objective to facilitate the orderly collection of SGB bids through the BSE StAR MF platform, an online bid collection facility has been available to MFDs.

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

 

[Circular No. 20230727-49]

 

 


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