In terms of the Government of India Notification No. F.No.(7)-W&M/2019 dated September 30, 2019, Sovereign Gold Bonds 2019-20 (Series IX) will be opened for the period February 03-07, 2020. The issue price of the Bond during the subscription period shall be ₹ 4,070 (Rupees Four Thousand Seventy only) – per gram with Settlement date February 11, 2020, as also published by RBI in their Press Release dated January 31, 2020.                               

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 ₹ 4,020 (Rupees Four Thousand Twenty only) per gram of gold.

Sovereign Gold Bond issue price set with an online-plus-digital-payment discount available to eligible subscribers. The Bond issue price for Sovereign Gold Bonds Series IX is Rs. 4,070 per gram with settlement on February 11, 2020; a conditional discount of Rs. 50 per gram applies where investors both apply online and pay through digital mode, yielding an effective price of Rs. 4,020 per gram. The announcement links pricing and the discount to the governing government notification and the central bank press release and confines the offer to the stated subscription period.