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The Issue Price for the next subscription period i.e. November 20-22, 2017 for the Series III of the Sovereign Gold Bond Scheme 2017-18 would be Rs. 2,964 per gram with Settlement on November 27, 2017; A Discount of Rs.50 per gram from the issue price would be allowed to those investors who apply online and the payment is made through Digital Mode.

Delhi 

The Issue Price for the next subscription period i.e. November 20-22, 2017 for the Series III of the Sovereign Gold Bond Scheme 2017-18 would be Rs. 2,964 per gram with Settlement on November 27, 2017; A Discount of Rs.50 per gram from the issue price would be allowed to those investors who apply online and the payment is made through Mode.

The Government of India, in consultation with the Reserve Bank of India (RBI), had floated Series III of Sovereign Gold Bonds 2017-18, for the period from October 09, 2017 to December 27, 2017 (with subscription period Monday to Wednesday every week). The Bonds will be issued on the succeeding Monday after each subscription period.

For the next subscription period i.e. November 20-22, 2017 for Series III of the Sovereign Gold Bonds 2017-18, the issue price shall be Rs. 2,964 (Rupees Two thousand Nine hundred Sixty Four only) per gram with Settlement on November 27, 2017, as also published by RBI in their Press Release dated November 17, 2017.

The Government of India in consultation with the Reserve Bank of India (RBI), has decided to allow discount of Rs.50 (Rupees Fifty) per gram from the issue price to those investors who apply online and the payment is made through mode.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 17 2017. 00:20 IST