Saturday, 3 November 2018

Sovereign Gold Bond Scheme 2018-19 (Series III) - Issue Price


Ministry of Finance

Sovereign Gold Bond Scheme 2018-19 (Series III) - Issue Price
02 NOV 2018

Government of India, in consultation with the Reserve Bank of India, Sovereign Gold Bonds 2018-19 (Series III) will be opened for the period November 05-09, 2018. The issue price of the Bond during this subscription period i.e. November 05-09, 2018, shall be Rs.3,183 (Rupees Three Thousand One Hundred Eighty Three only) - per gram with Settlement on November 13, 2018, as also published by RBI in their Press Release dated October 12, 2018.

Government of India in consultation with the Reserve Bank of India, has decided to allow discount of Rs.50 (Rupees Fifty) per gram from the issue price to those investors who apply online and the payment is made through digital mode. For such investors the issue price of Gold Bond will be Rs.3,133 (Rupees Three Thousand One Hundred Thirty Three only) per gram of gold.

PIB

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