Sovereign Gold Bond Scheme 2021-22 Series VII - Issue Price

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..... Sovereign Gold Bond Scheme 2021-22 Series VII - Issue Price
News and Press Release
Dated:- 23-10-2021

In terms of GoI notification F.No.4(5)-B(W&M)/2021 and RBI press release dated Octob .....

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..... er 21, 2021, the Sovereign Gold Bond Scheme 2021-22 - Series VII will be open for subscription for the period from October 25 - 29, 2021. The nominal value of the bond based on the simple average clos .....

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..... ing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three business days of the week preceding the subscription period, i.e. October 20, O .....

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..... ctober 21 and October 22, 2021 works out to ₹4,761/- (Rupees Four thousand seven hundred and sixty-one only) per gram of gold. Government of India, in consultation with the Reserve Bank of Indi .....

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..... a, has decided to offer a discount of ₹50/- per gram on the nominal value to those investors applying online and the payment against the application is made through digital mode. For such invest .....

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..... ors, the issue price of Gold Bond will be ₹4,711/- (Rupees Four thousand seven hundred and eleven only) per gram of gold. Ajit Prasad Director
News - Press release - PIB .....

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