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RBI fixes Sovereign Gold Bond price at Rs 4,852 a gram, issue opens July 6

The Sovereign Gold Bond Scheme 2020-21-Series IV will be opened for subscription for the period between July 6 and July 10

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Sovereign Gold Bond 2020-21 will be issued by the Reserve Bank of India (RBI) on behalf of the Government of India

2 min read Last Updated : Jul 04 2020 | 1:55 AM IST

The issue price for the Sovereign Gold Bond has been fixed at Rs 4,852 per gram of gold, the Reserve Bank of India said in a statement on Friday.

The Sovereign Gold Bond Scheme 2020-21-Series IV will be opened for subscription for the period between July 6 and July 10.

The central bank in April had announced that the government will issue Sovereign Gold Bonds (SGBs) in six tranches beginning April 20 till September.

Sovereign Gold Bond 2020-21 will be issued by the Reserve Bank of India (RBI) on behalf of the Government of India.

"The nominal value of the bond based on the

Topics : Gold Bonds Gold bond issuance gold bond scheme

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