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

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..... Sovereign Gold Bond Scheme 2020-21 Series II-Issue Price
News and Press Release
Dated:- 8-5-2020

May 08, 2020 Sovereign Gold Bond Scheme 2020-21 Series II-Issue Price In terms of GoI .....

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..... notification F.No.4(4)-B(W&M)/2020 and RBI circular IDMD.CDD.No. 2729/14.04.050/2019-20 dated April 13, 2020, the Sovereign Gold Bond Scheme 2020-21-Series II will be opened for subscription for the p .....

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..... eriod from May 11, 2020 to May 15, 2020. 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 p .....

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..... urity of the last three business days of the week preceding the subscription period, i.e. May 05 - May 08, 2020 works out to ₹4,590/- (Rupees Four Thousand Five Hundred and Ninety only) per gram .....

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..... 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 .....

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..... and the payment against the application is made through digital mode. For such investors, the issue price of Gold Bond will be ₹4,540/- (Rupees Four Thousand Five Hundred and Forty only) per gra .....

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..... m of gold. Ajit Prasad Director Press Release: 2019-2020/2342
News - Press release - PIB .....

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