Sovereign Gold Bond Scheme 2019-20 Series-III - Issue Price

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....overeign Gold Bond Scheme 2019-20 Series-III - Issue Price <br>News and Press Release<br>Dated:- 3-8-2019<br><BR>In terms of GoI notification F.No.4(7)-B(W&M)/2019 and RBI circular IDMD.CDD.No.3392/14....

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.....04.050/2018-19 dated May 30, 2019, the Sovereign Gold Bond Scheme 2019-20 - Series III will be opened for subscription for the period from August 05 - August 09, 2019. The nominal value of the bond b....

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....ased on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of 999 purity of the last three business days of the week preceding the subscrip....

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....tion period, i.e. July 31 - August 02, 2019 works out to &#8377;3,499/- (Rupees Three Thousand Four Hundred Ninety Nine only) per gram. Government of India, in consultation with the Reserve Bank of I....

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....ndia, has decided to offer a discount of &#8377;50 per gram less than the nominal value to those investors applying online and the payment against the application is made through digital mode. For suc....

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....h investors, the issue price of Gold Bond will be &#8377;3,449/- (Rupees Three Thousand Four Hundred Forty Nine only) per gram of gold. Ajit Prasad Director (Communications)<BR> News - Press release....

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.... - PIB....