RBI announces SGB 2021-22 Series II Price!
The issue price of the Bond shall be Rs 4,842 In terms of the Government of India Notification No.4(5)-B(W&M)/2021 dated May 12, 2021, Sovereign Gold Bonds (SGB) 2021-22 (Series II) will be opened for the period May 24-28, 2021 with Settlement date June 01, 2021. The issue price of the Bond during the subscription period shall be Rs 4,842 (Rupees Four thousand eight hundred forty two only) – per gram, as also published by RBI. The Government of India in consultation with the Reserve Bank of India has decided to allow discount of Rs 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 Rs 4,792 (Rupees Four thousand Seven hundred Ninety two only) per gram of gold. It is to remember that the Sovereign Gold Bond Scheme 2021-22 Series I had had remained of Rs 4,777 (Rupees Four thousand seven hundred Seventy seven only) – per gram.