The Sovereign Gold Bond Scheme 2020-21-Series IV, and these are being offered monthly now, will be open for subscription from July 6 to July 10. The issue price for the Sovereign Gold Bond has been fixed at Rs.4852 per gram of gold. As in all monthly issues, these bonds will be sold through banks and post offices and carry government guarantee.

To encourage digital transactions, the government will offer a discount of Rs.50 per gram to those investors applying online and where payment against the application is made through digital mode. For such investors, the effective cost will be Rs.4802 per gram. The issue price for the June issue was Rs.4677 per gram and reflects the rising price of gold.