Issue price
₹4,260 per gram
₹4,210 for online applications paying digitally
Source: RBI press releases · latest release 10 Sep 2026 · fetched 23 Oct 2026, 8:47 PM IST (rbi.org.in)
₹4,260 per gram
₹4,210 for online applications paying digitally
₹14,281 up by ₹10,021 (235.23%)
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.
₹15,328 up by ₹11,068 (259.81%)
for the redemption due 11 Sep 2026 · RBI, 10 Sep 2026
₹4,260 per gram, ₹4,210 for online applications paying digitally. It was open for subscription from 2 Mar 2020 to 6 Mar 2020 and issued on 11 Mar 2020 (RBI press release of 28 Feb 2020).
On 11 Mar 2028, eight years from its issue on 11 Mar 2020. 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 11 Mar 2025, five years after issue, on every interest date (11 Mar and 11 Sep each year) until maturity — the next such date is 11 Mar 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 +₹10,021 (+235.23%) on the issue price of ₹4,260, before interest. RBI fixes the actual price for each redemption date.
2.5% a year on the issue price of ₹4,260 per gram — ₹106.50 per unit a year, paid in two halves on 11 Mar and 11 Sep, the last one with the redemption. Interest is taxable as income.