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

Government of India, in consultation with the Reserve Bank of India, Sovereign Gold Bonds 2018-19 (Series II) will be opened for the period October 15-19, 2018. The issue price of the Bond during this subscription period i.e. October 15-19, 2018, shall be `3,146 (Rupees Three Thousand One Hundred Forty Six only) – per gram with Settlement on October 23, 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 `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 `3,096 (Rupees Three Thousand Ninety  Six only) per gram of gold.

 

DSM/RM

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