In terms of Government of India Notification No. F.No.4(4)-B/(W&M)/2020 dated April 13, 2020, Sovereign Gold Bonds 2020-21 (Series IV) will be opened for the period July 6-10, 2020 with Settlement date July 14, 2020. The issue price of the Bond during the subscription period shall be ₹ 4,852 (Rupees Four thousand Eight hundred Fifty Two only) – per gram, as also published by RBI in their Press Release dated July 03, 2020.                                                              

Government of India in consultation with the Reserve Bank of India has decided to allow discount of ₹ 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 ₹ 4,802 (Rupees Four thousand Eight hundred and two only) per gram of gold.  

Sovereign Gold Bond issue price set with a digital payment discount for online applicants during the subscription period. Sovereign Gold Bond 2020-21 (Series IV) fixes a base issue price for the subscription window and provides a per gram discount to investors who both apply online and make payment through digital mode during that subscription period; the discount applies only to applicants meeting both conditions and operates for the announced tranche under the enabling government notification.