SME Times News Bureau | 12 Jan, 2019
The Sovereign Gold Bonds 2018-19 (Series V) will
be opened for the period from 14th to
18th January, 2019, the government said on a
press statement on Saturday.
The Issue Price of the Bond during this
subscription period shall be Rs. 3,214 (Rupees
Three Thousand Two Hundred Fourteen only) – per gram with the Settlement Date of January 22, 2019,
as also published by RBI in their Press Release dated January 11, 2019.
The Government of India in consultation with the
Reserve Bank of India has decided to allow discount of Rs. 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 Rs. 3,164 (Rupees
Three Thousand One Hundred Sixty Four only) per gram of gold.
