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

IAS Prelims 2023

In terms of Government of India Notification No.4(5)-B (W&M)/2021 dated May 12, 2021, Sovereign Gold Bonds 2021-22 (Series V) will be opened for the period August 9-13, 2021 with Settlement date August 17, 2021. The issue price of the Bond during the subscription period shall be Rs 4,790 (Rupees Four thousand Seven hundred ninety only) – per gram, as also published by RBI in their Press Release dated August 06, 2021.

The Government of India in consultation with the Reserve Bank of India has decided to allow 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 4,740 (Rupees Four thousand seven hundred forty only) per gram of gold. 




    Source PIB