The Government of India, in consultation with the Reserve Bank of India (RBI), had floated Series III of Sovereign Gold Bonds 2017-18, for the period from October 09, 2017 to December 27, 2017 (with subscription period Monday to Wednesday every week). The Bonds will be issued on the succeeding Monday after each subscription period.

For the next subscription period i.e. October 23-25, 2017, the issue price shall be ₹ 2,971/ (Rupees Two thousand Nine hundred Seventy One only) – per gram with Settlement on October 30, 2017, as also published by RBI in their Press Release dated Oct.20, 2017.

The 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.

Sovereign Gold Bond issue price announced with discounted rate for investors applying online and paying via digital mode. The Government announced the per gram issue price and specified that bonds will be issued on the Monday following each three day subscription period with settlement on the issuance date. A per gram discount is available to investors who apply online and pay through digital payment channels; the discount is deducted from the published issue price and applies only where both online application and digital payment conditions are met.