In terms of Government of India Notification No. F. No. 4(7)-W&M/2019 dated May 30, 2019 and Press Release dated May 31, 2019, Sovereign Gold Bonds 2019-20 (Series III) will be opened for the period August 05-09, 2019. The issue price of the Bond during this subscription period shall be ₹ 3,499 (Rupees Three Thousand Four Hundred Ninety Nine only) – per gram with Settlement date August 14, 2019, as also published by RBI in their Press Release dated August 02, 2019.

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 ₹ 3,449 (Rupees Three Thousand Four Hundred Forty Nine only) per gram of gold.

Sovereign Gold Bond issue price set with online digital-payment discount available to qualifying applicants during subscription period. Sovereign Gold Bonds 2019-20 (Series III) are issued in a defined August subscription window with a published issue price per gram and a settlement date. Applicants applying online and paying through digital modes are eligible for a per-gram discount from the published issue price, yielding a reduced price for qualifying electronic subscriptions during the subscription period.