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

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.

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

SEE ALSO:
Go Air has filed for a ₹3,600 crore IPO at a very desperate time
Here's why the spike in inflation in the US may worry markets in India ⁠— but experts say don’t panic yet
WhatsApp responds to privacy criticism by alleging that other apps and tech companies also show disdain for user privacy