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January 07, 2022

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

In terms ofGoI notificationF.No.4(5)-B(W&M)/2021andRBI press release dated October 21, 2021, the Sovereign Gold Bond Scheme 2021-22- Series IX will be open for subscription for the period from January 10, 2022 - January 14, 2022. The nominal value of the bond based on the simple average closing 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. January 05, January 06 and January 07, 2022 works out to ₹4,786/- (Rupees Four thousand seven hundred and eighty-sixonly) per gram of gold.

Government of India, in consultation with the Reserve Bank of India, has decided to offer a discount of ₹50/- per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode. For such investors, the issue price of Gold Bond will be ₹4,736/- (Rupees Four thousand seven hundred and thirty-six only) per gram of gold.

Press Release: 2021-2022/1512

Ajit Prasad

Director (Communications)

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Reserve Bank of India published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2022 13:27:03 UTC.