Issue Price of the Sovereign Gold Bond Scheme 2019-20 (Series II) during the subscription period from 8th July to 12th July, 2019 would be ₹ 3,443 per gram with Settlement Date being 16th July, 2019;

Discount of ₹ 50 per gram from the issue price to those investors who apply online and the payment is made through digital mode.

May 30, 2019 and Press Release dated May 31, 2019, the Sovereign Gold Bond Scheme 2019-20 (Series I) will be opened for subscription for the period July 08-12, 2019. The Issue Price of the Bond during this subscription period shall be ₹ 3,443 (Rupees Three Thousand Four Hundred Forty Three only) – per gram with Settlement date July 16,2019,

The Government of India in consultation with the Reserve Bank of India has decided to allow discount of ₹ 50 (Rupees Fifty only) 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 ₹ 3,393 (Rupees Three Thousand Three Hundred Ninety Three only) per gram of gold.

Discount on Sovereign Gold Bond issue price allowed for online digital payments, reducing investor cost during subscription. The Issue Price for Sovereign Gold Bond Scheme 2019-20 (Series II) is fixed for the subscription window at Rs. 3,443 per gram with Settlement Date 16 July 2019 and subscription period 8-12 July 2019. A per gram discount is authorised for investors who apply online and pay via digital mode, resulting in a reduced issue price for such eligible applicants as decided by the Government in consultation with the Reserve Bank of India.