Sovereign Gold Bond
Sovereign Gold Bond Scheme 2021-22 subscription starts from May 24
New Delhi: The Sovereign Gold Bond Scheme 2021-22 – Series II or the second tranche will now open for subscription on May 24, the Ministry of Finance announced on Friday.
The scheme will remain on for subscription till May 28.
The issue price of the Bond during the subscription period shall be Rs 4,842per gram, the Ministry said.
"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," read a statement issued by the Ministry of Finance.
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