There is an online discount on the new Sovereign Gold Bond Scheme opening on Monday priced at ₹4,777 per gram

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There is an online discount on the new Sovereign Gold Bond Scheme opening on Monday priced at ₹4,777 per gram
Subscription for the first tranche of Sovereign Gold Bonds 2021-22 open from May 17
The new series of Sovereign Gold Bonds 2021-22 will be opened May 17-21, 2021, and the issue price during the subscription period shall be ₹4,777 per gram.

The settlement date under the Series I scheme had been fixed for May 25.

The government, in consultation with the Reserve Bank of India, has decided to allow discount of ₹50 per gram from the issue price to those investors who apply online and the payment is made through digital mode.

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For such investors, the issue price of the Gold Bond will be ₹4,727 per gram of gold.

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