RBI fixes Sovereign Gold Bond Scheme 2020-21 – Series IX price at Rs 5,000 per gram of gold
RBI further said the government, in consultation with the central bank, has decided to offer a discount of Rs 50 per gram on the nominal value to investors applying online and making the payment against the application through digital mode.
PTI
December 24, 2020 / 09:01 PM IST
The issue price for the next series of sovereign gold bonds has been fixed at Rs 5,000 per gram of gold, the Reserve Bank of India said in a statement on Thursday.
The Sovereign Gold Bond Scheme 2020-21 – Series IX will be open for subscription from December 28, 2020 to January 1, 2021. "The nominal value of the bond…works out to Rs 5,000 per gram of gold," the RBI said.