Sovereign Gold Bond Scheme 2020-21 Series I-Issue Price

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....overeign Gold Bond Scheme 2020-21 Series I-Issue Price <br>News and Press Release<br>Dated:- 18-4-2020<br><BR>In terms of GoI notification F.No.4(4)-B(W&M)/2020 and RBI circular IDMD.CDD.No.2729/14.04....

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.....050/2019-20 dated April 13, 2020, the Sovereign Gold Bond Scheme 2020-21-Series I will be opened for subscription for the period from April 20, 2020 to April 24, 2020.. The nominal value of the bond ....

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....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 subscri....

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....ption period, i.e. April 15 - April 17, 2020 works out to &#8377; 4,639/- (Rupees Four Thousand Six Hundred and Thirty Nine only) per gram of gold. Government of India, in consultation with the Reser....

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....ve Bank of India, has decided to offer a discount of &#8377; 50/- per gram less than the nominal value to those investors applying online and the payment against the application is made through digita....

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....l mode. For such investors, the issue price of Gold Bond will be &#8377; 4,589/- (Rupees Four Thousand Five Hundred and Eighty Nine only) per gram of gold. Yogesh Dayal Chief General Manager<BR> Ne....

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....ws - Press release - PIB....