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In terms of Government of India Notification No.4(4)-B(W&M)/2020 dated October 09, 2020, Sovereign Gold Bonds 2020-21 (Series X) will be opened for the period January 11-15, 2021 with Settlement date January 19, 2021. The issue price of the Bond during the subscription period shall be ₹ 5,104 (Rupees Five thousand one hundred four only) – per gram, as also published by RBI in their Press Release dated January 08, 2021.
The 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 ₹ 5,054 (Rupees Five thousand Fifty four only) per gram of gold.
Sovereign Gold Bond online payment discount reduces payable issue price for subscribers during the specified subscription period. Sovereign Gold Bond Series X subscriptions are offered for a limited window at a prescribed issue price per gram with a set settlement date; applicants who apply online and pay via digital modes receive a per gram discount from the published issue price, producing a reduced payable price for qualifying digital online subscriptions during the subscription period.Press 'Enter' after typing page number.