Sovereign Gold Bonds Series II 2021-2022 Opens For Subscription From Today

Sovereign gold bonds scheme: Investors who apply and pay online get a discount of Rs 50 per 10 gram. For them, issue price will be Rs 4,792 per gram.

The second tranche of sovereign gold bonds scheme (Series II) for the current fiscal opened for subscription on Monday. The Reserve Bank of India has fixed issue price at Rs 4,842 per gram. The Government has decided to issue the bonds in six tranches from May 2021 to September 2021. Investors who apply online and make payment online get a discount of Rs 50 per 10 gram. For such investors, the issue price of gold bond will be Rs 4,792 per gram of gold. While the second tranche of sovereign gold bonds opens today, the subscription will be available till May 28, 2021.