![]() However, investors can avail a discount of Rs 50 per gram.The issue price of the Sovereign Gold Bonds during the subscription period is Rs 4,765 per gram.The Sovereign Gold Bonds are issued by Reserve Bank of India (RBI) on behalf of the government. Under the scheme, investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. ![]() Sovereign Gold Bonds are government securities denominated in grams of gold. The settlement date has been fixed on November 2, as details provided by the Union Finance Ministry. The "Series VII" subscription period will remain open between October 25 and October 29. New Delhi: Sovereign Gold Bonds Scheme 2021-22 is opening today for subscription, Union Ministry of Finance has stated. The tenor of the Sovereign Gold Bond will be for a period of 8 years with exit option after 5th year to be exercised on the next interest payment dates.
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