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  • Sovereign Gold Bond Scheme 2021-22 (Series I) – Issue Price

Sovereign Gold Bond Scheme 2021-22 (Series I) – Issue Price

Friday, 14 May 2021 / Published in Finance, News & Updates, RBI

Sovereign Gold Bond Scheme 2021-22 (Series I) – Issue Price

In continuation of the Government of India Notification regarding issuance of Sovereign Gold Bonds (SGB) dated 12th May 2021, SGB 2021-22 Series – I will be opened for subscription during the period 17th May 2021 to 25th May 2021.

The issue price of the Bond during the subscription period shall be Rs 4,777 (Rupees Four thousand seven hundred Seventy-seven only) – per gram, as also published by RBI in their Press Release dated May 14, 2021.

TheGovernment of India in consultation with the Reserve Bank of India has decided to allow a discount of Rs 50 (Rupees Fifty only) per gram from the issue price to those investors who apply online and the payment is made through digital mode. For such investors, the issue price of Gold Bond will be Rs 4,727 (Rupees Four thousand Seven hundred twenty-seven only) per gram of gold.

Tagged under: Finance, News & Updates, RBI, SGB

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