In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated May 12, 2021, the Sovereign Gold Bond Scheme 2021-22 - Series VI will be open for subscription for the period from August 30 – September 03, 2021. The nominal value of the bond based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three business days of the week preceding the subscription period, i.e. August 25, August 26 and August 27, 2021 works out to ₹4,732/- (Rupees Four thousand seven hundred and thirty-two only) per gram of gold.

Government of India, in consultation with the Reserve Bank of India, has decided to offer a discount of ₹50/- per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode. For such investors, the issue price of Gold Bond will be ₹4,682/- (Rupees Four thousand six hundred and eighty-two only) per gram of gold.

Issue price of Sovereign Gold Bonds tied to IBJA average; online digital applicants receive a per gram discount. The bond's nominal value per gram is set by the simple average closing price for 999 purity gold published by IBJA for the three business days preceding the subscription period (August 25-27, 2021). Investors who apply online and make payment through digital modes receive a per gram discount from that nominal value, resulting in a lower issue price for eligible digital applicants.