Issue price
₹3,788 per gram
₹3,738 for online applications paying digitally
Source: RBI press releases · latest release 14 Oct 2026 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
₹3,788 per gram
₹3,738 for online applications paying digitally
₹14,281 up by ₹10,493 (277.01%)
vs the issue price · Mean of IBJA’s 999 closing price on 21 Oct 2026, 22 Oct 2026, 23 Oct 2026 — RBI’s rule applied to our own data. Indicative only: RBI fixes the price for each redemption date from the three business days before it, and only that figure is a price.
₹14,725 up by ₹10,937 (288.73%)
for the redemption due 15 Oct 2026 · RBI, 14 Oct 2026
₹3,788 per gram, ₹3,738 for online applications paying digitally. It was open for subscription from 7 Oct 2019 to 11 Oct 2019 and issued on 15 Oct 2019 (RBI press release of 4 Oct 2019).
On 15 Oct 2027, eight years from its issue on 15 Oct 2019. 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.
From 15 Oct 2024, five years after issue, on every interest date (15 Oct and 15 Apr each year) until maturity — the next such date is 15 Apr 2027. Apply through the bank, post office or broker the bond was bought through, in the window RBI’s calendar gives.
Indicatively ₹14,281 per unit — the mean of IBJA’s 999 closing price on 21 Oct 2026, 22 Oct 2026, 23 Oct 2026, which is RBI’s rule applied to the latest closes. That is +₹10,493 (+277.01%) on the issue price of ₹3,788, before interest. RBI fixes the actual price for each redemption date.
2.5% a year on the issue price of ₹3,788 per gram — ₹94.70 per unit a year, paid in two halves on 15 Oct and 15 Apr, the last one with the redemption. Interest is taxable as income.