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

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..... Sovereign Gold Bond Scheme 2019-20 Series-III - Issue Price
News and Press Release
Dated:- 3-8-2019

In terms of GoI notification F.No.4(7)-B(W&M)/2019 and RBI circular IDMD.CDD.No.3392/1 .....

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..... 4.04.050/2018-19 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 .....

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..... based 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 subscri .....

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

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..... India, has decided to offer a discount of ₹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 su .....

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..... ch investors, the issue price of Gold Bond will be ₹3,449/- (Rupees Three Thousand Four Hundred Forty Nine only) per gram of gold. Ajit Prasad Director (Communications)
News - Press releas .....

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..... e - PIB .....

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