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. November 20-22, 2017 for Series III of the Sovereign Gold Bonds 2017-18, the issue price shall be ₹ 2,964 (Rupees Two thousand Nine hundred Sixty Four only) – per gram with Settlement on November 27, 2017, as also published by RBI in their Press Release dated November 17, 2017.

The Government of India in consultation with the Reserve Bank of India (RBI), 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.

Issue price and digital-application discount for sovereign gold bonds established; online applicants receive discount when paid digitally. Issue price for Series III Sovereign Gold Bonds is Rs. 2,964 per gram for the November 20-22 subscription window with settlement on November 27, 2017; an Online Application Discount of Rs. 50 per gram applies only to investors who apply online and pay through digital mode, as determined in consultation with the Reserve Bank of India and with bonds issued on the succeeding Monday after each subscription period.