Govt To Give Discount To Digital Investors

The government will give a discount of Rs 50 per gram under its gold bond scheme to investors who apply online and the payment is made through digital mode.

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As per a statement from the Finance Ministry, for digital investors using the digit mode for subscription, the issue price of a gold bond will be Rs 5,054 per gram of gold.

Otherwise, the issue price of the bond during the subscription period will be Rs 5,104 per gram.

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In terms of an October 9, 2020, notification, Sovereign Gold Bonds 2020-21 (Series X) will open for the period January 11-15, 2021 with a Settlement date of January 19, 2021. (IANS)