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 ₹ 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 ₹ 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 ₹ 3,133 (Rupees Three Thousand One Hundred Thirty Three only) per gram of gold.

Sovereign Gold Bond issue price discount for online digital payments reduces effective subscription cost for eligible investors. The Series III Sovereign Gold Bond announcement fixes the base issue price per gram for the subscription window and confirms a settlement date. A discount is offered to investors who apply online and pay via digital modes, reducing the effective issue price per gram for such applicants as a payment-channel incentive.