In terms of Government of India Notification No. F.No.4(7)-B(W&M)/2019 dated September 30, 2019, Sovereign Gold Bonds 2019-20 (Series VIII) will be opened for the period January 13-17, 2020. The issue price of the Bond during the subscription period shall be ₹ 4,016 (Rupees Four Thousand Sixteen only) – per gram with Settlement date January 21, 2020, as also published by RBI in their Press Release dated January 10, 2020.

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  ₹3,966 (Rupees Three Thousand Nine Hundred Sixty Six only) per gram.

Sovereign Gold Bond issue price set; online digital payments receive a per gram discount during the subscription period. The Sovereign Gold Bond 2019 20 (Series VIII) will open for subscription January 13-17, 2020 with settlement on January 21, 2020; the announcement fixes a per gram issue price for the period and prescribes a per gram discount for investors who apply online and pay through digital modes, resulting in a lower issue price for such digitally paid online subscriptions.