Issue price
₹2,684 per gram
Source: RBI press releases · latest release 24 Nov 2023 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
₹2,684 per gram
₹6,132 up by ₹3,448 (128.46%)
for the redemption due 30 Nov 2023 · RBI, 24 Nov 2023
₹2,684 per gram. It was open for subscription from 5 Nov 2015 to 20 Nov 2015 and issued on 30 Nov 2015 (RBI press release of 3 Nov 2015).
On 30 Nov 2023, eight years from its issue on 30 Nov 2015. RBI repays the unit at the simple average of IBJA’s closing price of 999 gold over the three business days before the date, and pays the last interest with it.
It can no longer be redeemed: the tranche matured on 30 Nov 2023.
2.75% a year on the issue price of ₹2,684 per gram — ₹73.81 per unit a year, paid in two halves on 30 Nov and 30 May, the last one with the redemption. Interest is taxable as income.